TIBCO names Dan Streetman as CEO, Murray Rode as Vice-Chairman

Experienced enterprise software and cloud executive takes reins for next wave of growth; current CEO Rode to become vice-chairman.


Palo Alto, Calif., 12 Apr 2019
Read time 3min 00sec

TIBCO Software, a global leader in integration, API management, and analytics, today announced that Dan Streetman has been appointed as its new chief executive officer, effective 15 April 2019. Streetman joins TIBCO from BMC Software, where he was executive vice-president of worldwide sales and marketing. Current CEO Murray Rode has been named vice-chairman of TIBCO.

"Since its inception, TIBCO has helped businesses become smarter, faster, more innovative and more connected by harnessing real-time data and insights," said Rode. "Today's digital businesses require these capabilities for cloud and hybrid environments, which is precisely what TIBCO's Connected Intelligence Cloud provides. I am proud to be part of TIBCO and look forward to an even brighter future for our remarkable customers, dedicated partners, and talented employees. Dan brings a high level of energy and commitment to TIBCO that will ensure we continue to expand the reach and scale of TIBCO's Connected Intelligence Cloud to deliver game-changing innovation to the market."

"Organisations across every industry are transforming themselves into digital businesses. Dan brings the leadership and enthusiasm to realise TIBCO's potential to help customers globally with their digital evolution," said John Stalder, principal at Vista Equity Partners. "Over the past five years as CEO, Murray has sharply focused TIBCO's product portfolio and streamlined the organisation to create an industry-leading cloud and hybrid platform for digital business to position the company for accelerated growth. We're excited about the opportunities in front of TIBCO and are confident that Dan's experience and expertise will ensure an even greater impact on its customers around the globe."

Streetman brings extensive strategy and technology experience, having championed digital transformations and growth initiatives in several leading companies. Leading global field operations at BMC Software, Streetman positioned BMC as a leader in multi-cloud management and drove a relentless focus on customer success. He previously held senior transformative roles at leading software companies such as Salesforce, C3, Amdocs, and Siebel Systems. Streetman also served in both active and reserve military assignments as an Airborne Ranger-qualified infantry officer in the US Army; he deployed as part of Operation Iraqi Freedom and earned a Bronze Star and the General Douglas MacArthur Leadership Award, among other decorations.

"In this transformative time for every industry in the global economy, customers are leveraging exponentially more data to power their digital enterprise. TIBCO's cloud-native platform helps customers interconnect everything and convert that data into real-time, actionable insights," said Streetman. "I'm excited to lead this iconic and innovative company into a new phase of accelerated growth."

During Rode's five-year tenure as CEO, TIBCO launched its Connected Intelligence Cloud and deepened the company's technology portfolio with several acquisitions in markets such as API management, data virtualisation and data science. In 2019, TIBCO was named a leader in the Forrester Wave: iPaaS and Hybrid Integration Platforms, as well as a leader in the Gartner Magic Quadrant for Data Science and Machine Learning Platforms. As vice-chairman, Rode will work with Streetman and the TIBCO board of directors to further develop the company's long-term platform strategy and ensure that investments continue to generate value for customers, partners and employees.

TIBCO

TIBCO fuels digital business by enabling better decisions and faster, smarter actions through the TIBCO Connected Intelligence Cloud. From APIs and systems to devices and people, TIBCO interconnects everything, captures data in real-time, wherever it is, and augments the intelligence of your business through analytical insights. Thousands of customers around the globe rely on TIBCO to build compelling experiences, energise operations, and propel innovation. Learn how TIBCO makes digital smarter at www.tibco.com.

TechSoft

Businesses must continually evolve to survive the ever-changing digital landscape. TechSoft, powered by TIBCO, is the leader in innovative software solutions that enable organisations to harness the power of their data for smarter, faster decision-making that keeps them at the forefront of digitalisation.

TechSoft integrates every aspect of an organisation, from people and devices to systems and application programming interfaces (APIs), before capturing data in real-time to augment business and analytical insights.

TechSoft is a level one broad-based black economic empowerment (B-BBEE) company that offers local tier-one services and support backed by the global leader for integration, analytics and event-processing, TIBCO.

Our business is to accelerate yours.

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