PROVO, Utah, June 19, 2007 - SirsiDynix, the global leader in strategic technology solutions for libraries, announced today the appointments of Gary M. Rautenstrauch, a longtime corporate leader in the library community, and Douglas R. Maughan, as the company's new chief executive officer and chief financial officer, respectively.
Rautenstrauch will be responsible for all SirsiDynix corporate functions - finance, administration, international operations, product development, customer services, sales and marketing. Rautenstrauch will assume his responsibilities on June 22 and will be in attendance at the American Library Association's Annual Conference, which begins on June 23 in Washington, D.C. Maughan will be responsible for all corporate finance and administration functions, including accounting, finance, legal, human resources and IT support. Maughan will assume his new position on June 25. The two executives will maintain their primary offices at the SirsiDynix facility in Provo, Utah.
Rautenstrauch brings to SirsiDynix more than 30 years of corporate experience, including 25 years with vendors developing products and services for the worldwide library community. He held several key management positions at Baker & Taylor, including chief information officer, vice president of operations and chief executive officer. He also previously served as CEO for Blackwell's Book Services. Rautenstrauch holds an MBA from New York University and a bachelor's degree from the University of Miami in Florida.
"Gary has tremendous operational experience that covers the range of corporate functions," said Martin Taylor, operating principal, Vista Equity Partners, SirsiDynix's investment partner. "The executive-level roles he has held include not only CEO but also chief information officer and vice president of finance. Add to this background Gary's deep understanding of the library space and strong history as a results-driven leader, I am confident that he will be a solid performer at SirsiDynix - making good things happen for the company, its employees and its customers."
Rautenstrauch said, "I look forward to working with the talented team at SirsiDynix and our library partners around the world during this exciting time, as we continue the company's legacy of developing leading products and providing critical services that help make libraries successful."
Commenting on Maughan's appointment, Taylor stated, "Doug is a seasoned finance executive with a great track record of partnering with other members of his executive management team. He has the ability to be very hands-on and intimately involved in day-to-day issues. Plus he is well equipped to give strategic input and direction." Taylor added, "Doug will be a great asset to our management team, as he takes a very business-oriented approach to solving challenges."
Maughan brings nearly 30 years of financial and administrative experience to SirsiDynix, including roles as CFO and vice president of administration for a range of companies, including Scriptpro LLC, W.L. Gore and Associates Inc. and MG Industries. He began his career as a senior audit manager and staff accountant for PriceWaterhouseCoopers and Deloitte & Touche. Maughan is a CPA who holds master's and bachelor's degrees from Utah State University and the University of Utah, respectively.
SirsiDynix is the global leader in strategic technology solutions for libraries - vital institutions whose primary mission is to make sense of the vast world of information for people and communities. This is an exciting role as libraries assist people in discovering and using knowledge, resources and other valuable content for their educations, jobs and entertainment. In concert with key industry partners, SirsiDynix supports this strategic role for libraries by offering a comprehensive integrated suite of technology solutions for improving the internal productivity of libraries and enhancing their capabilities for meeting the needs of people and communities. SirsiDynix has approximately 4,000 library and consortia clients, serving more than 300 million people through more than 20,000 library outlets in the Americas, Europe, Africa, the Middle East and Asia-Pacific. For more information, please see www.sirsidynix.com.