Ingres Corporation Appoints Steve Shine as CEO and President
Momentum from Big Data Analytics and Cloud Initiatives Establish Platform for Aggressive Growth
Redwood City, CA, July 25, 2011 – Ingres Corporation, pioneers of the breakthrough analytic database Vectorwise, today announced Steve Shine has been named Chief Executive Officer and President of Ingres Corporation effective immediately.
"Steve is well qualified to lead Ingres into its next phase of growth," said Terry Garnett, Chairman of the Board and Managing Partner at Garnett & Helfrich. “He has not only been a major force in driving Ingres to its position of strength today, but has shown the board all the attributes required to transform this business into a market leading provider in the emerging markets driven by the confluence of Cloud Computing, Social Media and Mobile Analytics.”
Shine joined Ingres in August 2007 as Executive Vice President, Worldwide Sales and has since held the positions of EVP, Worldwide Operations and latterly as Co-President. During this time he has helped establish the company’s leadership in Open Source Data Management and as a challenger in the Business Analytics market with the launch of the record breaking Vectorwise technology, which is tracking a 100 percent plus quarter over quarter revenue and new customer growth by delivering substantial business value at some of the world’s leading Social Media, eCommerce, Retail and Utilities companies. Steve’s contribution has been instrumental in establishing Ingres as the innovative, profitable and growing company it is today.
“I am thrilled with the opportunity to lead Ingres at this seminal time. The company is poised for accelerated growth and I greatly appreciate the confidence shown by the board,” said Steve Shine CEO and President of Ingres Corp. “I am looking forward to working with all the great people within Ingres, our partners and most importantly our customers to drive further growth, innovation and business value.”
Prior to joining Ingres Steve was Senior Vice President and General Manager for Sybase EMEA where he was responsible for all aspects of the $200 million business and charted significant growth in the business intelligence market, helping Sybase establish itself as a category leader in that space. Steve has also held senior management positions including President of the worldwide $240 million enterprise resource planning solutions portfolio at GEAC Computer Corporation where he joined from Andersen Consulting.
About Ingres Corporation Ingres is a leading provider of data management solutions enabling companies to derive the highest value from their data. Whether it is by supporting their business with transactional systems running mission critical workloads on Ingres DB, providing rapid insight from historical data using the record breaking Vectorwise or innovating with applications in the cloud using SkySafe managed services, thousands of organizations around the world rely on Ingres’ products and services to deliver disruptive price/performance. Ingres solutions are in use at more than 10,000 customers worldwide including Lufthansa, Philips, Lockheed Martin, Fujitsu, Irish Revenue, Sainsbury, Logica and many government and defense departments around the world. Ingres is headquartered in Redwood City, California, with offices in New York, London, Paris, Frankfurt, Amsterdam, Leeds and Melbourne. www.ingres.com