Uniondale, New York - OpenLink, the provider of trading and risk management solutions to the energy, commodities, corporate, and financial services industries, has announced John O'Malley's appointment as CEO, effective immediately. Mr. O'Malley takes over from Mark Greene who announced his intention to retire earlier this year. Mr. Greene will continue to serve on the OpenLink Board as an independent director.
Mr. O'Malley has successfully led several technology and private equity backed portfolio companies from start-up to maturity in growth markets. Most recently, Mr. O'Malley was an Operating Partner for Thoma Bravo after being hired as CEO of Digital Insight, a portfolio company that was acquired by NCR. Previously, he has held the role of CEO at Panini, a global provider of payment technology; Memento, a leader in enterprise fraud detection software; and Harland Financial Solutions, which under his leadership grew from a small subsidiary to one of the leading providers of financial technology in North America in just nine years.
A programmer by training, Mr. O'Malley has deep experience in technology, software product management and professional services. Mr. O'Malley has previously led global financial services and technology companies in treasury, capital markets, retail banking, payment processing, global finance and guidance systems in companies such as Fiserv, Hogan Systems, Lockheed Martin and J.H. Harland and Company.
David Tunnell, Chairman of OpenLink Board of Directors and a Managing Director at Hellman & Friedman said: "Under Mark Greene, OpenLink maintained its leading position in energy and commodities, diversified into adjacent markets, and deepened its reach into the corporate and financial services industries. With more than 30 years of financial technology and software experience and a track record of transformational success, we are delighted to have John lead the next phase of growth for OpenLink."
John O'Malley, CEO, OpenLink, added: "I am extremely excited to have joined OpenLink, and looking forward to capitalizing on a number of initiatives and investments that are already in place. OpenLink is evolving. We are serving new and existing segments, with quicker time to value, industry best practice and packaged solutions, world-class quality software, robust partnership networks and deeper relationships with our clients. Backed by Hellman & Friedman we look forward to growing our leadership position and further leveraging our resources to fuel the future of the industries we serve."
Mr. O'Malley has served as an advisor to Stanford University and currently serves on the boards of TravelClick and iPipeline. He has also been a board member at D&H, Netzee, and the Alcoholism Council of New York, a non-profit organization.