Dynata Welcomes Tom Spaeth as New Chief Financial Officer to Drive Growth

Dynata Appoints Tom Spaeth as Chief Financial Officer



In a significant corporate move, Dynata has announced the appointment of Tom Spaeth as its new Chief Financial Officer (CFO). Renowned as a leading source of accurate first-party data, Dynata aims to leverage Spaeth's extensive experience and strategic insights to enhance its financial performance and drive growth for the company.

Tom Spaeth is known for his deep expertise in corporate finance and operations, having held several pivotal roles in both public and private sectors across technology, banking, and various service industries. With a remarkable track record in implementing financial strategies and executing transformative initiatives, Spaeth’s addition to the Dynata team is timed perfectly to support the company's ongoing evolution and future growth aspirations.

Prior to joining Dynata, Spaeth excelled as the CFO at HireRight, a company that specializes in employment verification solutions. During his tenure, Spaeth played an instrumental role in propelling the company’s revenue from $340 million to over $800 million, while also successfully guiding it through an Initial Public Offering (IPO) that raised over $400 million. His leadership extended beyond financial oversight to ushering in technological advancements and managing global operations involving over 4,000 employees.

Reflecting on the appointment, Mike Petrullo, the CEO of Dynata, noted, "Tom's experience in navigating companies through phases of significant growth and transformation aligns perfectly with Dynata's vision. His reputation in the private equity sector as a strategic CFO reinforces our commitment to enhancing our data quality and expanding our product portfolio."

Spaeth's professional journey also includes previous CFO positions at UBM Tech and Natrol, Inc., where he was pivotal in executing cost-saving measures, reorganizing financial structures, and enacting business strategies to boost performance. His early career encompassed over ten years in investment banking and consulting at reputed firms such as Ernst & Young and Deutsche Bank, where he advised on mergers and acquisitions, as well as corporate finance arrangements across diverse industries.

In terms of education, Spaeth holds an MBA in Finance, Management, and Strategy from Northwestern University's prestigious Kellogg Graduate School of Management. Additionally, he earned a Bachelor of Business Administration with a focus on Finance from the University of Wisconsin, further solidifying his robust academic foundation in the financial landscape.

As Dynata continues to solidify its presence as the world’s largest provider of first-party data, Spaeth's expertise comes at a crucial time. With a clientele that stretches across North America, South America, Europe, and Asia-Pacific, Dynata serves a wide-ranging network of over 6,000 market research firms, media agencies, and corporate customers.

The focus for Dynata will undoubtedly be on enhancing the quality and utility of its data offerings while integrating advanced technologies to evolve its services. Spaeth's leadership is expected to play a vital role in achieving these objectives, ensuring that the company meets the growing demands of consumers and businesses alike.

As Dynata positions itself for a future filled with opportunities, the appointment of Tom Spaeth promises to be a significant catalyst for change and innovation, aligning financial strategy directly with the company's broader mission of delivering reliable, actionable insights to its clients. This strategic move not only signifies a pivotal leadership change but also exemplifies Dynata's commitment to sustained growth and investor value generation in an ever-changing data-centric environment.

Topics Business Technology)

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