Boomi announces its CEO as David Meredith

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Boomi, the intelligent connectivity and automation, has announced that its Board of Directors has appointed David Meredith as Chief Executive Officer, effective January 31, 2022. Meredith comes to Boomi from NASDAQ-listed Everbridge, where during his tenure as CEO, the company experienced rapid revenue growth. He claims to bring to Boomi over 25 years of executive leadership across both multi-billion-dollar public companies as well as private equity-backed technology platforms. Meredith will succeed Chris McNabb, who plans to retire. 

David Meredith, CEO of Boomi

“In a world where data represents the most valuable asset, an enterprise’s ability to understand, integrate, and optimize that data becomes paramount,” said Meredith. “Boomi’s cloud-native technology serves as critical infrastructure and enables companies to compete, win, and grow in today’s digital environment. The company is a true innovator, and I am thrilled to partner with Francisco Partners and TPG to lead Boomi through the next stage of the company’s growth journey.”

Boomi states to make quick and easy for companies to unify their full digital ecosystems. The company’s cloud-native technology powers the modern enterprise by automating workflows and minimizing disruption across applications so that data can flow seamlessly throughout an organization. For the eighth consecutive year, Gartner has positioned Boomi as a Leader in its 2021 Gartner Magic Quadrant for Enterprise Integration Platform as a Service (EiPaaS).

“We thank Chris for his years of leadership in scaling the business and are thrilled to welcome David Meredith to Boomi,” said Brian Decker and Andrew Kowal of Francisco Partners. “David’s track record scaling category-leading software-as-a-service and infrastructure providers and his thought leadership within the industry make him the perfect choice to lead Boomi through its next phase of growth.”

“David has proven himself as a capable leader over the last two dozen years working in this industry, and he has the vision and experience to expand Boomi’s position as an innovative leader in one of the fastest-growing segments in software,” said Nehal Raj and Art Heidrich of TPG Capital. “We also want to recognize Chris McNabb, who successfully established the company as a market leader and trusted partner to many organizations across the globe. We thank him for his leadership and wish him all the best in retirement.” 

“It has been an honor to serve as CEO of Boomi for the past nine years and I want to offer my sincere thanks to our employees whose hard work and dedication have allowed us to achieve so much,” said McNabb. “I am confident David is the executive best suited to guide Boomi through this next chapter and I look forward to working closely together with him to ensure a smooth transition.”

Francisco Partners and TPG acquired Boomi earlier this year, in a $4 billion transaction that established the iPaaS leader as an independent company. Meredith’s appointment marks another milestone in a year of strong momentum for the company. 

Highlights included are, Unveiling the annual digital “Out of This World” user event where it announced that it has connected nearly 200,000 unique endpoints to date with over 18,000 customers that process more than 4.5 billion integrations every month. Launching of AtomSphere Go, Boomi’s self-service, usage-based full platform offering allowing customers to have access to a wide range of services Integration, Flow, API Management, Master Data Hub and B2B/EDI Management with unlimited users, connections, integrations, and workflows. Being recognized by the Business Intelligence Group with a 2021 Stratus Award for Cloud Computing as a Top Organization and Cloud Company of the Year in its business award program. And Celebrating a 100,000-member milestone in the Boomiverse community by pledging $100,000 to charitable causes.

Meredith is stated to be ranked Top 50 in the largest company category by Comparably for Best CEO (2020) and Best CEO for Diversity (2021) and earned a CEO rating of A+, measured across 60,000+ companies. He also earned a 95% “Approve of CEO” rating on Glassdoor throughout his tenure. Previously, Meredith held leadership roles at Rackspace, CenturyLink (now Lumen Technologies), VeriSign, CGI (formerly AMS), and Capital One Financial Corporation. Most recently, Meredith received a distinguished Globee Award in the Visionary category as part of The 9th Annual 2021 CEO World Awards.

As a recognized industry thought leader, notable forums affirm to have hosted Meredith as a speaker, including CNBC’s Mad Money with Jim Cramer, CNBC’s Squawk Alley, Nasdaq Trade Talk, and NPR’s Morning Edition, among others. He has also interviewed many global leaders, including Presidents George W. Bush and Bill Clinton, Anthony Fauci, MD, U.S. General Colin L. Powell, USA (Ret.), and Secretary of State Madeleine Albright.

Throughout his career, Meredith is said to have donated his time to a variety of community causes such as serving on the Board of Directors for the Tobin Center for the Arts, as well as being the Executive Sponsor for the annual Fill-a-Box Feed-a-Family Thanksgiving Food Drive while in Texas. Most recently, he supported the CDC Foundation in its global efforts to protect the health of people around the world. 

Press Release received to mail.

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