Arkestro (IPO) announced significant leadership additions, appointing Tom Aitchison as President and Chief Operating Officer and Ron Rasmussen as Chief Technology Officer, while former CTO Ben Leiken transitions to the company’s first Chief Product Officer role.
According to Arkestro, Aitchison brings decades of experience scaling enterprise software firms including Coupa, Swrve and Introhive, while Rasmussen has over 25 years in enterprise SaaS leadership, including more than a decade as CTO of Xactly. Arkestro reported that year-to-date total customer spend through its predictive procurement platform has more than tripled versus the same period last year, and said the expanded leadership team will focus on scaling operations, product, and engineering to meet rising global demand for AI-powered procurement.