Taleo Names Michael Boese as Group Vice President, Corporate Business Development
Former vice president of corporate strategy at SAP joins Taleo to foster its continued and rapid corporate growth
Dublin, Calif., — November 8, 2006 – Taleo (Nasdaq: TLEO), the leading provider of on demand talent management solutions, today announced that Michael Boese has been appointed group vice president, corporate business development. In this newly created position, Mr. Boese is responsible for identifying and building new market opportunities for Taleo to help capitalize on industry trends that will continue to advance its corporate growth. Mr. Boese reports directly to Taleo President and CEO Michael Gregoire and is also a member of Taleo’s Executive Team.
“As we continue to grow and scale our operations and see continued consolidation in the talent management market, it is important that we have someone on board that can focus on our continued corporate development and growth,” said Michael Gregoire, president and CEO, Taleo. “To this end, I am pleased to welcome Michael to Taleo and the executive team. Michael brings a unique perspective, intellect and experience set that will give us opportunities to scale organically, via acquisitions and partnerships.”
Mr. Boese brings nearly 15 years of strategic corporate development experience to Taleo, having worked with some of the industry’s largest and most recognized technology companies. Most recently, Mr. Boese served as vice president, corporate strategy at SAP, where he was responsible for driving the company’s corporate strategy, operational, and organizational initiatives within the office of the CEO.
Before joining SAP, Mr. Boese served as vice president of corporate business development at PeopleSoft. In this capacity, he directed all merger and acquisition activity and was responsible for negotiating and executing Peoplesoft’s software partnership and reseller agreements. Prior to Peoplesoft, Mr. Boese held multiple positions leading corporate and business development initiatives. At Quantum Corporation, a leader in data storage and protection solutions, Mr. Boese led corporate development; and at Oracle, he held a variety of management positions responsible for developing new business opportunities in the vertical sales and procurement/marketplace organizations, negotiating multiple, strategic joint partnerships and leading key sales overlay teams. Mr. Boese has also been a management consultant with Booz Allen and Hamilton and holds an MBA from Duke University and a Bachelor’s degree in Mechanical Engineering from The University of Washington.
“I have watched Taleo’s growth over the past few years and am impressed by its recognition as the market leader in talent management,” said Boese. “I believe Taleo has just started to tap the potential reach, depth and breadth of its talent management solutions and I look forward to playing an integral role in the company’s continued growth. I am extremely pleased to join such a talented team that is helping global companies achieve improvements in business performance through talent management.”
About Taleo
Taleo (Nasdaq: TLEO) delivers on demand talent management solutions that enable organizations of all sizes to assess, acquire, develop and align their workforce for improved business performance. Taleo’s customers use its suite of solutions to improve their talent management processes to reduce the time and costs associated with these processes and to enhance the quality, productivity and satisfaction of their workforces. Taleo currently has more than 630 corporate customers with approximately 750,000 registered users who use our services to fill positions in almost 100 countries. For more information visit www.taleo.com.
Forward-looking Statements
This release contains forward-looking statements, including statements regarding Taleo’s expectations concerning the Company’s growth and future performance. Any forward-looking statements contained in this press release are based upon Taleo's historical performance and its current plans, estimates and expectations and are not a representation that such plans, estimates, or expectations will be achieved. These forward-looking statements represent Taleo's expectations as of the date of this press announcement. Subsequent events may cause these expectations to change, and Taleo disclaims any obligation to update the forward-looking statements in the future. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially. Further information on potential factors that could affect actual results is included in Item 1A of Taleo’s Annual Report on Form 10-K, as filed with the SEC on April 17, 2006, in Item 1A of Taleo Quarterly Report on Form 10-Q, as filed with the SEC on August 14, 2006, and in other reports filed by Taleo with the SEC.
Press Contacts:
Krista Canfield
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e-mail: kcanfield@horngroup.com