ServiceSource names acting CEO

ServiceSource (NASDAQ: SREV) said that Mike Smerklo has resigned after 11 successful years at the helm.

Smerklo will remain chairman of the board to ensure a smooth management transition and help guide the company´s long-term strategy.

The board of directors appointed chief financial officer Ashley Fieglein Johnson as acting CEO, effective immediately, and has retained a leading executive search firm to identify a permanent CEO.

Finally, ServiceSource is announcing the appointment of Rick Genovese as president of the new Managed Services Business Unit.

ServiceSource International is a leader in cloud-based recurring revenue management solutions. The company helps customers drive growth and build long-standing relationships across the customer lifecycle with the industry´s most comprehensive data management, analytics, automation and services capabilities. Its website is at www.servicesource.com.

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