CloudFrame Inc. Names Roseann Palmieri Executive Chairperson

NEW YORK (PRWEB) MAY 03, 2019

CloudFrame today announced Roseann Palmieri as Executive Chairperson and member of its Board of Directors. Roseann is a highly respected advisor, senior executive, entrepreneur and data management expert with over 25 years of experience in the Financial Technology Industry. Roseann comes to CloudFrame after serving as an advisor to the company in her role as Managing Partner at Sand Hill East LLC. Sand Hill East is a strategic advisory firm working with early-stage startups to facilitate business acceleration and growth.

Ms. Palmieri assumes her Executive Chairperson role following the public debut of CloudFrame at the Fintech Innovation Lab 2019 kickoff. CloudFrame is a first-of-its-kind software company helping mainframe customers reduce costs, modernize legacy code and generate cloud-ready workloads while mitigating business risks.

Before joining Sand Hill East, Roseann was CEO of DEXTR, Inc.; a technology startup focused on delivering and transforming financial information. She was formerly Managing Director at Bloomberg where she launched their Enterprise Data Management business. Roseann joined Bloomberg from Thomson Reuters where she led their Enterprise Content business. Before entering the financial market data vendor space, Roseann Co-founded Element22, a boutique data management advisory company. Prior to this, Roseann held senior management positions at Merrill Lynch, Bank of America, Deutsche Bank and Morgan Stanley creating their overall information strategy and leading their Enterprise Data Management efforts.

“CloudFrame will benefit greatly from Roseann Palmieri’s appointment as Executive Chairperson and Board member,” said Venkat Pillay, CEO and Founder of CloudFrame. “Roseann’s extraordinarily rich IT experience, network, and leadership will be invaluable in driving CloudFrame’s future strategy, architecture, product direction and adoption in the enterprise sectors.”

“These are exciting times,” said Roseann Palmieri. “CloudFrame’s innovative approach to mainframe modernization and cloud portability have struck a chord with risk-averse CIOs and CTOs looking to reduce costs and drive migration of their mainframe implementations. I look forward to working closely with the CloudFrame leadership team to help develop and deliver robust products to meet the needs of enterprises across all industry verticals seeking a low-risk, cost-effective future for their mainframe workloads.”

About CloudFrame™
CloudFrame™ is an innovative mainframe modernization company helping customers address rising mainframe costs, code modernization and Cloud adoption. CloudFrame™ enables mainframe workload portability allowing enterprises to modernized while reducing costs and significantly reducing business and regulatory risk. Visit http://www.CloudFrame.com and follow us on Twitter: @CloudFrameInc, LinkedIn: https://www.linkedin.com/company/cloudframe.

All product and company names herein may be trademarks of their registered owners.

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