Cadec Global adds three to top management team

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Cadec Global, a provider of driver-centric fleet management systems, announced that it has expanded its management team with three new appointments: Doug Frank as Vice President, Professional Services and Business Development; Frank Moreno as Vice President, Marketing; and Owen Smith as Vice President, Sales.

The three have a combined 60+ years’ experience and track records of success helping to grow enterprise software companies. Frank was most recently Senior Vice President Channel, Sales and Business Development at Cadec partner Maptuit Corporation. Moreno was most recently Vice President, Marketing for software firm Mindreef. Smith was Vice President, Sales and Business Development for AMSI, a division of Infor Global Solutions.

At Cadec, all three report to CEO Michael Baney. “Cadec is on a swift growth trajectory, and Doug, Frank and Owen all have experience helping to manage and accelerate software company growth,” said Baney. “Their expertise and knowledge will benefit the company immensely — we’re thrilled to have them on board.”

These new management appointments are the latest in a series of recent Cadec achievements; among them:

— Achieving record revenue growth in the first half of 2007;
— Growing headcount by 50 percent over the past year;
— Moving into expanded headquarters in Manchester, NH;
— The appointments of new CEO Michael Baney and Chairwoman Melanie Cary;
and
— Its May 2007 purchase by private equity firm Br