Blancco Technology Group (“Blancco” or the “Company”), an industry standard in data erasure and mobile lifecycle solutions, today announced that Lou DiFruscio has been named Chief Executive Officer of Blancco, succeeding Matt Jones who will remain as an advisor to the Company and its Board of Directors after more than six years at the Company’s helm.
Mr. DiFruscio has more than three decades of experience driving efficient growth across a number of software platforms and most recently served as CRO at Invicti Security, which has over 3,500 customers in 115 countries. Prior to Invicti, he served in various sales roles at SmartBear Software, including as CRO, and over the course of his tenure, helped SmartBear more than triple revenue to over $200 million through organic and inorganic initiatives.
“Blancco is the gold standard in secure data erasure and diagnostic software, and I couldn’t be more thrilled to be joining this incredible team and embarking on this next chapter of growth alongside them,” said Mr. DiFruscio. “As customers of all sizes embrace the circular economy, I’m committed to furthering our mission to help them reduce risk, increase efficiencies, and improve sustainability with market-leading products and services, while continuing to foster the core values that make Blancco an exceptional place to work for our global team. The Company has an extremely bright future, and I am humbled and eager to be a part of it.”
Mr. Jones originally joined Blancco as CEO in 2018 and helped scale the Company over the last six years, establishing Blancco as the leader in its core markets. “I am proud of all the team has accomplished over the years, and I am confident that Blancco is well-positioned to sustain its leadership position and continue to drive innovation,” said Matt Jones. “I feel honored to have served as Blancco’s CEO and been part of the best team in the business. I look forward to seeing the Blancco team’s future successes as they continue their journey.”
“We are excited to have the opportunity to partner with Lou in driving the Company’s next phase of growth. His experience in scaling high growth businesses will certainly be an asset to Blancco as the Company continues to execute on its growth strategy,” said Mark Ties, Chairman of Blancco’s Board of Directors. “On behalf of the full team, I want to thank Matt for his contributions to the Company over the past six years and his role in making Blancco the clear industry leader.”
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