Infusionsoft announced the appointment of Brent Stumme to its executive team. Stumme will serve as the company’s chief financial officer, bringing strategic financial leadership to the growing market leader. He will oversee corporate finance, accounting, investor relations and real estate functions, and will report to Infusionsoft CEO and co-founder, Clate Mask.
Stumme has more than two decades of experience leading public companies and was named Bay Area CFO of the Year by the San Francisco Business Times.
Mask tells AZTB “We’re really proud to be part of the tech movement putting Arizona on the map. Our local tech community is gaining national attention and we see a huge growth opportunity for our category of all-in-one sales and marketing software for small business. Brent’s track record as a successful public company CFO combined with his passion to help small businesses succeed make him the perfect leader to scale our fast-growing software company. We’re thrilled to have him come aboard.”
Stumme tells AZTB “I’m proud to be joining Infusionsoft—a company I believe will dominate the market of sales and marketing software for small businesses. Infusionsoft is well positioned for massive growth in the coming years. This growth will help further fuel the tech movement that already exists in Arizona.”
Stumme has been CFO of LoopNet, the leading online commercial real estate service, and helped lead its successful IPO in 2006 and the sale of the company in 2012 for close to a billion dollars. Prior to that, he spent time as the vice president corporate controller for CalMat, where he directed the accounting, finance and information systems functions for the $550 million NYSE public company. Stumme also oversaw the accounting processes for the international operations of the Disney Consumer Products Division, and had managed financial planning and accounting functions for a division of Coca-Cola Enterprises with revenues in excess of $1 billion.
Clate Mask recently spoke at Startup America about the process of raising $54 million in a Series C funding round led by Goldman Sachs. He projects that Infusionsoft will reach 1,000 employees and 100,000 customers by 2016. Watch his talk here.
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Stumme’s quote for AZTB was added after the original post of this article.