RMS appoints new CEO, replaces co-founder Shah
Catastrophe risk modelling firm RMS has appointed Karen White as its new CEO, replacing current CEO and co-founder Hemant Shah.
White served for more than 25 years as an executive and investor and has significant experience bringing technology, innovation, data and operations together to build and scale businesses, according to RMS.
White started her career in Silicon Valley in 1993 as a senior executive at Oracle reporting to CEO Larry Ellison. Among other roles, she led worldwide marketing and business development. Most recently, White held senior executive positions at SolarWinds, Syncplicity and Addepar.
Paul Zwillenberg, CEO of RMS parent company DMGT, said: "This is the perfect time to appoint Karen White, a highly-respected and seasoned Silicon Valley executive, as the chief executive officer of RMS. As digitization transforms the market for risk analysis, prediction and management, RMS is uniquely positioned to advance its leadership in the space and enter new markets. Karen has a proven track record of adapting companies to market changes to drive growth and operational effectiveness at scale.
"I would also like to thank Hemant Shah, a pioneer in the industry, for his vision and dedication, growing RMS into a global leader since co-founding the company nearly 30 years ago."
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