RMS, the world’s leading catastrophe risk modelling and analytics company, today announces the appointment of Karen White as its new Chief Executive Officer, replacing current CEO and co-founder Hemant Shah.
Karen White is an accomplished and highly capable leader in the technology industry, having served for more than 25 years as an executive and investor. White has significant experience bringing technology, innovation, data and operations together to build and scale businesses, says a prtess release by DMGT, the parent company of RMS. .
Karen White said: “The market for risk analysis, prediction and management is evolving and dynamic. This is an exciting and important time for RMS. Recent catastrophes have shown that RMS solutions are more important than ever. We have the deepest bench of top talent in the industry, and a breadth of products, innovations and customer relationships that is unmatched. I’m thrilled to be joining this world-class team as we continue to innovate, grow and help lead the next wave of transformation.”
Paul Zwillenberg, CEO of RMS parent company DMGT, said: “As digitization transforms the market for risk analysis, prediction and management, RMS is uniquely positioned to advance its leadership in the space and enter new markets. Karen has a proven track record of adapting companies to market changes to drive growth and operational effectiveness at scale.
White started her career in Silicon Valley in 1993 as a senior executive at Oracle reporting to CEO Larry Ellison. Among other roles, she led worldwide marketing and business development. Most recently, White held senior executive positions at SolarWinds, Syncplicity and Addepar.
RMS was co-founded as a spin out from an academic project at Stanford University. The company has grown to become the world’s leading catastrophe risk modelling and analytics business, with revenues of more than $300m.