Former Agile GM Craig Livingston Named New Chief Executive Officer of Mid-Market SaaS PLM Leader Arena Solutions
Co-founder Topolovac assumes role on BOD as company concludes strong 07 with year-over-year growth in excess of 40% and leads the mid-market with Arena PLM
Foster City, Calif., January 16, 2008 — Arena Solutions, the leading provider of on-demand product lifecycle management (PLM) software for manufacturers of all sizes, today announced it has named Craig Livingston, a former Agile PLM executive, as the company’s new chief executive officer. He will succeed Michael Topolovac, company co-founder, who after eight years as CEO, decided to turn over reins of Arena Solutions, but will continue to support the company in an active role serving on its Board of Directors. Topolovac co-founded Arena Solutions in 2000 with Eric Larkin, who continues to serve as the chief technology officer of the company.
“Michael Topolovac’s remarkable achievement of pioneering the development of two fast-growing spaces—PLM and on-demand—has turned Arena Solutions into a true industry leader. Michael had the insight to build what the market was lacking—an affordable solution that combined the power of PLM with the advantage of on-demand delivery that has been successfully adopted by more than 300 manufacturers,” said Martin Huml, chairman of Arena Solutions’ board of directors. “With Arena poised on the edge of more expansive growth, Livingston’s impressive track record as a leader who helped shape and grow a thriving PLM business serving small- to medium-sized enterprises made him our ideal choice for Arena’s CEO position. His deep understanding of our customers’ needs and the global PLM market will be a huge advantage as he leads the company in its next phase of growth and success.”
“It is an honor to assume leadership of Arena Solutions at such an opportune moment,” said Livingston. “Arena PLM is an impressive solution that is already behind great products from companies like Intuit, Tesla Motors, First Alert, Align Technology, Segway and Foundry Networks. Arena is also benefiting from a change in the competitive environment. Its closest competitor—one with which I have been quite intimate—has recently been acquired by Oracle and diverted from serving the segment of the mid-market where the two companies once competed. This development has driven once on-the-fence customers to firmly select Arena PLM and help the company further solidify its position as the leading mid-market PLM provider without a CAD or ERP agenda and the only on-demand PLM vendor. The business case for PLM—especially Arena on-demand PLM—for small- and medium-sized enterprises has never been stronger than it is right now. My commitment is to leverage the strength of Arena’s on-demand solution with the vitality, deep expertise, and customer-intimacy of our organization, to generate Arena Solutions’ success for years to come.”
Previously, Livingston served as the vice president and general manager of Agile’s SME Solutions division and was responsible for global operations for developing, marketing, distributing, and supporting PLM solutions focused on the needs of small and mid-sized manufacturers. Prior to Agile, Livingston held various executive sales and operations positions at other engineering and enterprise software leaders, including think3, PeopleSoft, CCI/Triad, and Borland.
“There is much we have accomplished since inception, but what I am most proud of is the incredible product our team has built and I am particularly honored that many of the world’s most innovative companies and thousands of users have chosen Arena PLM to help them bring their products to market. I am also especially enthusiastic about the promise of where I see the business headed—our opportunities are tremendous," said Topolovac. “My desire to pursue other personal interests and the onset of this rapid growth phase drove my decision to find the right successor to effectively lead the company, maximize its growth, and take it to its next level. Craig is a great business leader with valuable and truly relevant experience. I am delighted we’ve selected him as Arena Solutions’ new CEO.”
About Arena Solutions
For over a decade, Arena has been redefining PLM with a suite of cloud applications that enable engineering, manufacturing and their extended supply chains to work better together—from first prototype to full-scale production. Arena helps innovative manufacturers bring better products to market faster with cloud PLM offerings that speed prototyping, reduce scrap and help manufacturers collaborate on product changes with strategic partners across the globe.
Arena cloud PLM products simplify bill of materials (BOM) and change management, and offer manufacturers the right balance of flexibility and control—at every point in the product lifecycle. PartsList and PDXViewer are lightweight single-user applications that allow manufacturers to move quickly and efficiently while designing, documenting and sharing a prototype. When scaling to production and beyond, the Arena core application provides full PLM functionality so manufacturers can control revisions, manage the engineering change process and selectively share accurate, up-to-date BOMs with partners, suppliers and contract manufacturers.
Founded in February 2000, Arena Solutions is headquartered in Foster City, California.
To learn more about Arena Solutions:
- Visit the Arena Solutions website.
- Read the Arena blog on product design, development and manufacturing.
- Follow @arenasolutions on Twitter.
- Follow Arena on LinkedIn.