DocuSign Board of Directors Appoints SaaS Industry Vet
Keith Krach as Chairman and Steve King as President a
Silicon Valley Executives to Guide Growth and Momentum as DocuSign Posts 300 Percent Paid Transaction Growth and
Percent eSign Market Share
January 27, 2010 08:03 AM Eastern Time
SEATTLE--(EON: Enhanced Online News)--DocuSign®, the industry leading provider of on-demand electronic signature solution
Keith Krach, founder and former CEO of Ariba (NASDAQ: ARBA), as chairman of its board of directors. In addition, Steven R.
E*TRADE executive (NASDAQ: ETFC) and SaaS industry veteran, was named president and CEO. The move was initiated as th
to meet broad market adoption of its e-signature services. Krach and King join DocuSign during a period of explosive growth, with
increasing more than 300 percent in 2009 over the prior year.
Krach, a well-known Silicon Valley entrepreneur, joins DocuSign with an impressive success record, including building and steering
to global leadership. In 1996, Krach co-founded Ariba, served as CEO and chairman for six years while taking the company public
into one of the fastest growing software companies in history. In 2000, he was honored by Ernst & Young as National Entrepreneur
received the Technology Pioneer Award at the World Economic Forum in Davos, Switzerland. Today, Krach serves as the CEO o
holding company 3Points, Inc.
“I am very impressed with the immediate financial and business process impact DocuSign has on its customers, the fantastic growth
and its tremendous customer base,” said Krach. “The business results in 2009 were incredible. I am excited to be part of DocuSign
forward to working with Steve King and the DocuSign management team.”
As president and CEO, King brings more than 25 years of leadership experience in information technology. Most recently, King led
Virtela and ZANTAZ as president and CEO. Under his seven-year leadership, ZANTAZ grew to become the recognized market l
email archiving, and was acquired in 2007 by The Autonomy Group.