LogicGate Welcomes Diego Panama as New President and COO to Accelerate Growth

LogicGate Invites Diego Panama to Propel Next Growth Phase

LogicGate, a prominent name in governance, risk, and compliance (GRC) solutions, has taken a significant step towards enhancing its growth trajectory by appointing Diego Panama as its new President and Chief Operating Officer. This move is seen as a strategic routine to bolster the company's market position while addressing the rapidly changing landscape of the GRC sector.

The decision to bring Panama on board comes after a thorough search process and reflects LogicGate's commitment to its values while continuing to scale operations in response to increasing demands for effective governance and risk management solutions. The digital and regulatory environment has made it crucial for businesses to adopt robust GRC frameworks, something LogicGate is well-known for in the SaaS space.

Diego Panama's background shows extensive expertise in driving growth and elevating operational standards at both high-growth startups and established enterprises. With rich experience covering product development, sales, customer success, and operations, his insights are expected to key into LogicGate’s ambitious strategies moving forward. Witnessing his successes at Olo, where he served as Chief Revenue Officer, he played a pivotal role in elevating the company’s revenue substantially to $284 million, focusing on digital transformations for the restaurant industry.

Before his impactful experience at Olo, Panama contributed significantly to LiveRamp, a company he helped grow from under $20 million to a staggering $500 million in revenue, helping usher it through an IPO in 2018. His tenure at Microsoft further fortifies his portfolio with a solid grounding in product strategy, which will be vital in shaping LogicGate's go-to-market approach and enhancing user engagement.

Matt Kunkel, the CEO of LogicGate, expressed enthusiasm about the new addition, stating, "We are excited to welcome Diego as part of the LogicGate team. His vast experience combined with a deep understanding of the nuances of SaaS businesses is perfectly aligned with our aspirations. We are confident that his leadership will be crucial in executing our growth initiatives while fostering our company culture of diligence and customer-centricity."

Panama echoed the sentiment in his statement regarding the new role, expressing excitement about the opportunity to join LogicGate during this transformative period. He said, "The company’s dedication to customer success, along with its innovation and continuous investment in people, are key factors that resonate with me. Together with our talented employees, I look forward to scaling our operations further and delivering unparalleled value to our clients."

With Panama now at the helm of the company’s product and technology functions, the focus will be on systematic expansion and the promotion of services that allow organizations to effectively manage their risk and compliance frameworks. LogicGate already stands out as a leading provider in the GRC landscape due to its market-leading Risk Cloud platform, designed with usability in mind. The no-code interface along with its graph-database management technology lends itself flexibility and agility that can adapt to different levels of GRC maturity.

As LogicGate embarks on this new chapter with Diego Panama leading the charge, stakeholders are optimistic about the potential advancements in product offerings and customer engagement strategies. The journey forward promises to be both exciting and fruitful, with a robust framework in place to tackle the complexities of governance, risk, and compliance in today’s business environment.

LogicGate continues its mission to not only maintain but expand its influence in the GRC sector, focusing on empowering customers to better quantify risks, enhance their security measures, and achieve their business objectives. To discover more about how LogicGate can support your operational resilience and cyber risk management efforts, visit their official website at www.logicgate.com or connect on LinkedIn.