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Philip Pead
President and Chief Executive Officer

Philip Pead, an industry veteran with more than 25 years of experience in the software industry has served as a member of the Progress Board of Directors since July 2011. He was elected non-executive Chairman in May 2012, appointed Executive Chairman in October 2012 and named CEO in November 2012.

Pead was formerly the Chairman of Allscripts and the President and Chief Executive Officer of Eclipsys Corporation, a leading provider of enterprise clinical and financial software for hospitals. Eclipsys merged with Allscripts in August of 2010. He previously held senior leadership roles in several publicly and privately held companies, including Per-Se Technologies, Dun & Bradstreet Corporation and Attachmate Corporation.

Michael Benedict
Chief Product Officer

Michael Benedict is the Chief Product Officer at Progress, reporting to Chief Operating Officer Jerry Rulli. In this capacity, Benedict is responsible for product marketing and management across all Progress divisions: Application Development, Data Connectivity and OpenEdge. Benedict helms the company’s product roadmap and ensures seamless integration across the portfolio to deliver the best possible customer experiences.

Previously, Benedict was the president of the Data Connectivity and Integration Business Unit at Progress, during which he managed the growth of Progress data assets, including DataDirect and DataDirect Cloud. Benedict has held other senior leadership roles at Progress, including vice president and general manager of the Progress Cloud Platform and Progress OpenEdge product line, and leading the company’s platform-as-a-service (PaaS) and application development businesses. He has also served as vice president of product management; senior director of product management; senior director of operations and strategy, as well as the director of Americas sales for the Progress DataDirect business.

Prior to joining Progress, Benedict served as Director of Product Management and Marketing for online products at Engage Technologies, where he helped grow its market capitalization to more than $3 billion and launched the first cloud-to-on-premise advertising campaign distribution network, Engage AudienceNet. Benedict was also a co-founder and operating manager of NV Company, an online and "brick and mortar" B2B company, where he led business operations, including merchandising, product placement, marketing, sales, human resources and finance.

Benedict received his Masters in Business Administration from the Kenan-Flagler Business School at the University of North Carolina and holds a Bachelor of Science in Civil Engineering from the State University of New York.

Stephen Faberman
Senior Vice President, General Counsel

Stephen Faberman is Senior Vice President, General Counsel at Progress. In this role, he manages the Progress Legal Department, which is responsible for all company legal matters, including corporate and board governance, licensing, employment, mergers and acquisitions, intellectual property and litigation. He also serves as the Progress Chief Compliance Officer.

Prior to joining Progress, Faberman was Vice President, Corporate Counsel at Heritage Property Investment Trust, Inc., a publicly traded real estate investment trust. Faberman managed an in-house legal department responsible for providing corporate and real estate acquisition, disposition, joint venture, development, property management, leasing, litigation and general real estate services. Faberman was also a partner at Bingham McCutchen, a national law firm, where he specialized in advising public and private companies in corporate matters and mergers and acquisitions.

Faberman earned his J.D. degree from Boston College Law School and he received a B.A. degree in History from Tufts University.

Svetozar Georgiev
Senior Vice President, Application Platforms

As Senior Vice President of Application Platforms, Svetozar Georgiev is a daring app development visionary focused on driving trends, not following them. He’s a thoughtful, yet bold leader that inspires the entire Sitefinity team to make quantum leaps forward, redefining development possibilities in the process.

Svetozar, or ”Zarko” as he’s known around the halls, was Co-Founder and Co-CEO of Telerik, Inc., where he was instrumental in establishing the Telerik brand and growing the marketing and financial organizations. Zarko’s expertise in product positioning, marketing research and communications helped Telerik become one of the most recognized brands in the developer tools space, which has continued since its acquisition by Progress in 2014.

A graduate of the American University in Bulgaria, with degrees in Journalism and Business Administration, Zarko channels his inner DJ, sailor, snowboarder and mud-loving off-roader when at play to embody a true “work hard, play hard” philosophy.

Chris E. Perkins
Senior Vice President, Finance & Administration, Chief Financial Officer

Chris E. Perkins is the Senior Vice President, Finance & Administration and Chief Financial Officer for Progress Software. As CFO, Perkins oversees the company’s global finance and accounting operations.

Perkins is an experienced technology industry executive with global experience and operational responsibilities across finance, corporate development, investor relations, human resources and information technology for publicly-traded software companies. Prior to joining Progress, he served as CFO at Eclipsys Corporation and Per-Se Technologies. At Per-Se and at Emageon, Inc., Perkins also served as the Chief Operating Officer. He began his career at Arthur Andersen.

Melissa Puls
Chief Marketing Officer

Chief Marketing Officer, Melissa Puls, leads an energetic and results-driven organization, where her 20 years of experience informs Progress strategy and brand vision.

Melissa inspires her team to think bigger and bolder, always recognizing that a good idea can come from anywhere and viewing problems as opportunities for inventive solutions. As vice president of Iron Mountain’s Global Demand Center, she applied an effective “lead to revenue” model that improved marketing’s contribution to revenue from 4 to 25%—just one of her many bankable accomplishments. Melissa honed her craft in marketing roles at Infor, Infinium Software (later SSA Global) and Kronos, after earning bachelor’s degrees in Communications and Psychology from Franklin Pierce University.

Melissa loves to spend time with her family and is an impressive tap dancer: challenge her at your own peril.

Jerry Rulli
Chief Operating Officer

Jerry Rulli, a 30-year veteran in the software and technology industry, is Chief Operating Officer at Progress. He is responsible for the alignment of business unit priorities, go-to-market strategies and ensuring operational excellence across the company. As manager of the OpenEdge business unit, he is also responsible for serving the company’s large customer and partner base and for growing the OpenEdge business through the adoption of all Progress technologies.

Prior to joining Progress, Rulli was the Executive Vice President of Worldwide Sales at Iron Mountain, where he focused on transforming the Go-to-Market strategy, organizational efficiency and sales effectiveness. During his tenure at Iron Mountain, Rulli transitioned the sales and marketing teams to a vertical market approach which increased the general pipeline by 10% and the volume of large opportunities by 80% year over year. In that three-year timeframe, Iron Mountain saw their channel revenue for the confidential document shredding business grow from $250,000 to $2.1 million. Rulli also earned a reputation for building high-performing teams and long-term, high-yield customer and partner relationships.

Prior to Iron Mountain, Rulli held several key positions at Infor Global Solutions, the third largest software provider of business applications in the world. As President of the Enterprise Systems Business Unit at Infor, Rulli managed over 2,500 individuals worldwide, encompassing development, professional services, and sales of ERP and supply chain solutions, and was responsible for $1 billion in revenue.

Rulli earned a Bachelor of Science degree from the University of Wisconsin, River Falls.

Rob Steward
Chief Product Development Officer

As Chief Product Development Officer, Steward leads the Research and Development, and Technical Support teams for Progress products worldwide. Steward joined the company as part of the acquisition of DataDirect Technologies in 2003, and has held a number of key technical management and product management positions within Progress. 

Immediately prior to becoming Chief Product Development Officer, Steward was Vice President of Product Development, responsible for the development teams of all of Progress products.

Steward has spent more than 23 years in the software industry. He holds several patents. He coauthored the book The Data Access Handbook: Achieving Optimal Database Application Performance and Scalability, published by Pearson Education in 2009. Steward holds a Bachelor of Science in Computer Science from North Carolina State University, Raleigh, NC.

Faris Sweis
Chief Transformation Officer

Chief Transformation Officer, Faris Sweis is not just driven to build the best products and solutions, but to do so in new and unexpected ways that keep Progress an innovation leader. Faris is focused on helping customers tackle their digital transformation challenges, including via the newly launched Progress DigitalFactory cloud-based solution. A fierce customer champion, Faris enjoys leading a cutting edge engineering team in work that changes the world, one product and customer success at a time.

Boldly tackling software development challenges for over 15 years, Faris was previously the Chief Technical Officer for Telerik, acquired by Progress in 2014. This admitted tech-gadget guy loves basketball almost as much as a good political or religious debate. Yet, much of his work and technology ethic was shaped by his time at Microsoft, Dell and his former start-up, Art OfTest, all of which came after his Bachelor’s degree in computer engineering from Purdue University.

Dimitre Taslakov
Chief Talent Officer

Progress Chief Talent Officer, Dimi Taslakov, leverages the strategic skills of the number one Progress asset—its people—to help employees find an optimal path, for themselves and the company. This ensures Progress makes a positive impact for customers, employees, shareholders and the many communities the company serves.

Dimi played a vital role at Telerik for over 10 years, prior its 2014 acquisition by Progress. Among his many contributions, he served as General Manager for Telerik Americas, Global Sales Lead and Chief Talent Officer, where he secured top talent and promoted a unique corporate culture across four continents.

As someone who learns by doing, Dimi makes his dent in the universe by embracing new challenges as opportunities to stretch the boundaries of what’s possible. His passion is working with people who believe they can change the world, and channeling that energy into action that gives Progress a competitive edge.

Vassil Terziev
Chief Innovation Officer

The resolve Vassil Terziev once applied to hiking the Himalayas, he now channels into envisioning and promoting innovation at Progress. As Chief Innovation Officer, Vassil identifies growth strategies and new market opportunities to keep Progress at the forefront of emerging technologies.

As Co-Founder and Co-CEO of Telerik, Vassil guided the company to the pinnacle of the application development sector, growing sales and support, and establishing a fanatical dedication to customer service. Vassil’s vision and dedication led Telerik to solid profitability and an earned reputation for quality and innovation, which has continued since its acquisition by Progress in 2014.

A graduate of the American University of Bulgaria, Vassil often treks the globe with colleagues to gain inspiration for new technologies and mentor the next generation of developers. He’s a hands-on leader who believes every Progress employee and customer success contributes to making the world a little bit better.

Philip Pead
President and Chief Executive Officer

Philip Pead, an industry veteran with more than 25 years of experience in the software industry has served as a member of the Progress Board of Directors since July 2011. He was elected non-executive Chairman in May 2012, appointed Executive Chairman in October 2012 and named CEO in November 2012.

Pead was formerly the Chairman of Allscripts and the President and Chief Executive Officer of Eclipsys Corporation, a leading provider of enterprise clinical and financial software for hospitals. Eclipsys merged with Allscripts in August of 2010. He previously held senior leadership roles in several publicly and privately held companies, including Per-Se Technologies, Dun & Bradstreet Corporation and Attachmate Corporation.

Jack Egan
Non-Executive Chairman

Jack Egan is currently managing partner of Egan-Managed Capital, a Boston based venture capital fund he founded in October 1998 that specializes in technology and early stage investments. From October 1986 until September 1998, Egan served in a number of executive positions with EMC Corporation, including Executive Vice President, Products and Offerings, Executive Vice President, Sales and Marketing, Executive Vice President, Operations and Executive Vice President, International Sales. Egan ceased to be an employee of EMC Corporation in 2002.

Egan also serves on the Board of Directors for other publicly traded and privately held companies, including EMC Corporation (NYSE: EMC), where he has served on the Board of Directors for almost twenty years; VMware, Inc.(NYSE: VMW); and NetScout Systems, Inc. (NASDAQ: NTCT), where he serves as Lead Director, as well as Verint Systems (NASDAQ: VRNT). Egan also serves in a variety of leadership roles within the Board of Directors of several privately held technology companies, including HighRoads Corporation, Platform Computing Corporation and Healthrageous, Inc. Egan holds a bachelor's degree in Marketing and Computer Science from Boston College.


Michael Mark is a private investor and member of Walnut Venture Associates, an investment group seeking opportunities in early-stage and emerging high-tech companies in New England. In addition to serving as non-executive chairman of Progress Software, he also serves on several private boards.

After graduating from MIT in 1967, Mark co-founded Intercomp, a peripheral manufacturer, where he became president. In 1978 he founded American Energy Services, a company engaged in using computer technology to conserve energy. In 1982 he co-founded Cadmus Computer Corporation, a workstation manufacturer. He served there as vice president of Corporate Development. In 1985 Mark became vice president of System Integration at Interleaf, a provider of electronic publishing systems and software.


Barry Bycoff has over 25 years of experience in the computer and software industry. He is currently a director of Progress Software (NASDQ: PRGS). He also serves as chairman of the Board of Directors of Day Software (Swiss: DAYN), a leading developer of web content management products and as chairman of Aveksa Inc, a software company providing industry leading access governance solutions. He also serves on the Board of Visitors at Duke University’s Pratt School of Engineering.

Prior to Progress, he spent two years at FirstMark Ventures (formerly Pequot) as a Venture Partner assisting with the development of investment strategies. He made two investments in his short tenure; one in StubHub, an online events ticket marketplace (sold to eBay for $310 million) and the other in Aveksa.

In 1996, Bycoff founded Netegrity and created a new product category for enterprise security software. The company received the "Product of the Year" award from Network World Magazine. At the same time, as Chairman, CEO and President, he engineered the transformation of Netegrity's predecessor company into a leading developer of enterprise software. Bycoff had directed the company's growth from publicly held start up to one of the fastest growing software companies in the industry with a dominant market share and revenues of $100 million when the company was acquired by Computer Associates for approximately $450 million at the end of November 2004.

Ram Gupta
Former President and CEO
Cast Iron Systems, Inc.

Ram Gupta currently serves on the board of directors at Progress Software, S1 Corporation, Yodlee Inc., Plateau Systems, Compiere, and Accruent, Inc. Gupta brings over 20 years strategy and execution expertise at global technology companies, including PeopleSoft, WebMD, Silicon Graphics, IBM and Tata Consultancy Services. He holds several patents in the U.S. and was awarded the Smithsonian Computer World "Search for the Heroes" Award for the year 2000.

Previously, Gupta was the president and CEO of Cast Iron Systems, Inc. Before that he was the executive vice president at PeopleSoft, where he was instrumental in taking the company from primarily an HR applications vendor in the U.S., to the second largest vendor of application suites worldwide. Ram was also the executive in charge of the company's $1.8 billion acquisition of JD Edwards that set off the consolidation trend in the ERP industry.

Prior to PeopleSoft, Gupta was the senior vice president and general manager at WebMD Corp. Before that he held various leadership positions at Silicon Graphics, IBM and Tata Consultancy Services.


Charles Kane has held multiple leadership positions in the technology industry and was most recently a strategic advisor and board member of the "One Laptop per Child" initiative, a non-profit organization founded at Massachusetts Institute of Technology (MIT) that provides computing and Internet access for students in the developing world. Kane was previously president and chief operating officer of this organization. Prior to OLPC, Kane was a founding investor and executive officer of the Special Purpose Acquisition Company, Global BPO Services which raised $250 million in capital and purchased Stream Global Services (STRM). Before this, he was the chief financial officer of RSA Security, a provider of security software, which was acquired by EMC Corporation. Other former positions include CFO of Aspen Technology, president and CEO of Corechange, Inc., and CFO of Informix Software.

Kane is on the Board of Directors of Progress Software (NASDQ: PRGS), Netezza Corporation(NZ), Applix Software(APLX-sold to Cognos Corporation), and Borland Software(BORL-sold to Micro Focus Corporation). Kane is an adjunct professor of International Finance at the MIT Sloan Graduate Business School of Management and is a frequent speaker at national events related to international financial strategies as well as social entrepreneurship.

David A. Krall
Strategic Advisor and Board of Directors Member
Universal Audio

David Krall currently serves as Strategic Advisor and a member of the Board of Directors of Universal Audio. Prior to Universal Audio, Krall was president and chief operating officer of Roku, Inc. and now serves as a strategic advisor. Prior to Roku, Krall served for one and a half years as president and CEO of QSecure, and now serves as executive chair of the QSecure Board of Directors. Before joining QSecure, Krall served for seven years as president and CEO of Avid Technology, Inc., a leading tools provider to the media and entertainment industries, based in Tewksbury, Massachusetts. Under Krall's leadership, Avid doubled its revenues to just under $1 Billion annually, introduced groundbreaking new products in its core businesses, and expanded into new markets through organic growth and strategic acquisitions.

Krall brings over 20 years of invaluable strategic and tactical management experience to Universal Audio from his leadership positions in the professional audio, video, digital media, and technology industries. Krall has experience working in companies ranging from small startups to public companies with thousands of employees serving worldwide marketplaces.