PICS Auditing Appoints John Herr As Chief Executive Officer

IRVINE, California, March 31, 2015 /PRNewswire/ -- PICS Auditing, LLC, the global leader in supply chain risk management solutions, has appointed John Herr as Chief Executive Officer (CEO). Mr. Herr brings more than 20 years of executive leadership experience in the cloud software, Internet businesses, global marketplaces, and financial services sectors. He comes to PICS with a rich history of scaling growth-stage companies into large enterprises – which is his primary charter at PICS.

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In his capacity as CEO, Mr. Herr will focus on expanding the company's enterprise software platform, nurturing strategic partnerships, accelerating global expansion, and bringing to market the company's innovative marketplace solution.

"I'm thrilled to be joining a world-class organization in an industry with huge upside," said Mr. Herr. "The work we do and the clients we support benefit the global economy at immeasurable scale, and I am truly grateful to be leading PICS through its next exciting stage of growth."

Prior to joining PICS, Mr. Herr served as CEO of Adaptive Insights, the market leader in cloud-based Corporate Performance Management (CPM). Under his leadership, Deloitte recognized Adaptive as one of the fastest growing technology companies in North America. Before Adaptive, Mr. Herr held the position of VP and General Manager at eBay, Inc., where he led a U.S. marketplace division – a key pillar of eBay's growth strategy. At Buy.com, Mr. Herr served as Chief Revenue Office in what was a true pioneer in e-commerce.

"The addition of John to our leadership team was a strategic decision based on the state and stage of our company," said John Moreland, PICS Chairman and Founder. "We are growing and evolving at an unprecedented pace, which requires the experience and expertise that John brings – we are now exceptionally positioned to accelerate our rapid growth.  We're all delighted to have John leading the charge."

Mr. Herr is a graduate of Harvard Business School, where he earned an MBA; he also holds a BA in Economics from Harvard University.