ITRS, a provider of real-time IT monitoring and observability solutions, has appointed Ryan Terpstra as CEO.
Terpstra succeeds Guy Warren, who has decided to step down from executive roles to spend more time with his family after leading the company for over a decade.
Terpstra brings more than two decades of C-level experience leading and growing technology companies, spanning venture-backed startups, middle-market private equity-backed firms and global public corporations.聽
Most recently, he was chief product officer at ION Analytics, an ION Group division formed through the integration of Dealogic, Acuris, Backstop Solutions Group and Selerity.
Terpstra joined ION Group after it acquired Selerity, where he was founder and CEO for over 10 years.聽
London-based ITRS says it is poised to continue strengthening its offering to new and existing clients through further product innovation and targeted M&A. Terpstra is backed by ITRS鈥檚 shareholders alongside Montagu and TA Associates, who remain committed to supporting the company鈥檚 growth over the coming years.聽聽
鈥淚鈥檓 thrilled to be joining a world-class organisation like ITRS,鈥� said Terpstra. 鈥淥ur clients are sophisticated and demanding, and operate some of the most critical IT infrastructure underpinning the global economy.聽
鈥淏eing trusted by thousands of customers worldwide across many industries means we have a vital role in ensuring this economy is always on.聽聽聽聽聽聽
鈥淏acking from some of the world鈥檚 leading growth investors, combined with the hugely talented professionals at ITRS, puts us in a great position to continue delivering on our mission.鈥澛犅犅犅犅犅犅�
Since joining ITRS as CEO in 2014, Warren has transformed the business into a $100m revenue platform and expanded the company鈥檚 global footprint. He remains a significant individual shareholder and will continue to support the business in an advisory capacity.
鈥淚 have thoroughly enjoyed building ITRS into the business it is today,鈥� said Warren. 鈥淢y thanks go to all my colleagues, the investors who backed us, and the customers who have shown us strong loyalty. I know that ITRS is in safe hands as Ryan takes over.鈥�
Terpstra added: 鈥淚 want to thank Guy for his leadership and dedication to scaling ITRS into the successful company it has become. I鈥檓 honoured to have the opportunity to continue his legacy and lead ITRS through its exciting next chapter of growth.鈥�