logo
logo

Human resources crisis continues at Apttus

avatar
Guy Moorhouse
Dec 20, 2018 00:59
img

The latest change is the departure of Chief Strategy Officer Jeff Santelices, who left the company this week, according to sources familiar with Apttus.

Santelices had a $4.7 million parachute package, according to documents reviewed by Business Insider.

Private Equity firm Thoma Bravo continues to overhaul the management team at Apttus, the scandal-ridden software company it acquired in October after its founding CEO stepped down following an allegation that he sexually assaulted an employee during a company trip to Mexico.

Santelices, who is based in Colorado, joined Apttus in 2015 after a career spent in sales roles at IBM and various tech startups including Webroot and TrackVia.

Santelices did not respond to multiple requests for comment.

Thoma Bravo also brought in several of its own executives in recent weeks, including Chief People Officer Colleen Carr and Chief Legal Officer Omer Rafatullah.

collect
0
avatar
Guy Moorhouse
Dec 20, 2018 00:59
guide
Zupyak is a free content platform for publishing and discovering stories, software and startups.