John G. Schwarz Explained

John G. Schwarz. is a business executive and entrepreneur. He is the founder and CEO of Visier Inc. and on the board of directors of Synopsys, Teradata, and Avast Software.

Life

John G. Schwarz attended the University of Manitoba where he received a BA in political science and a BSc in computer science. He also holds an executive MBA from the University of Toronto.Schwarz was at IBM Corporation from about 1975 to 2000, where he became a general manager of a service unit.[1] Schwarz was CEO of Reciprocal Inc., a private e-commerce service provider to the media industry from January 2000 to November 2001 (mi2n.com, WSJ, Buffalo News).Schwarz was president and chief operating officer of Symantec Corporation from December 2001 through September 2005.[2] [3] In May 2004, Schwarz received an honorary doctorate of law from Dalhousie University.[4]

Business Objects

Schwarz was CEO of Business Objects S.A., a business intelligence software company, through its acquisition by SAP for $6.8 billion in January 2008.[5] [6] He began his tenure at Business Objects in September 2005 [7] and remained CEO of the SAP Business Objects stand-alone unit through early 2010 when he resigned.[8] [9] [10] [11]

After the acquisition by SAP, he also served as a member of the executive board of SAP from March 2008 [12] [13] to February 2010.[14]

Visier, Inc.

In 2010, Schwarz co-founded Visier, a cloud-based software provider, with Ryan Wong (former senior vice president of engineering for the business intelligence platform at SAP SE) and sons Jan and Brett Schwarz.[15]

Visier's workforce analytics and planning products were included in the Gartner "Cool Vendors in Human Capital Management Software, 2012" [16] and the Branham 300 - Top Technology Companies in Canada in the "Top 25 Canadian UP and Coming ICT Companies" list.[17] Visier was also a finalist in the Cloudbeat 2011 Showdown, a competition for start-up companies during the cloud-technologies focused conference.[18]

On March 15, 2017, Visier completed their largest funding round to date, securing $45M USD from U.S. venture capital firm Sorenson Capital, joined by Foundation Capital, Summit Partners and Adams Street Partners.[19]

On June 11, 2014, Visier announced $25.5 million in Series C financing led by Adams Street Partners and repeat investment from Foundational Capital and Summit Partners.[20] [21] [22] [23]

In 2013, Visier secured $15 million in Series B funding.[24] [25] [26] Series B was led by investor group Summit Partners.[27] Prior to that, Visier raised $6 million in its Series A round in 2011 using the funds to turn the self-financed prototype into a fully functional software product.[28] [29] Series A was led by investor group Foundational Capital.

Other roles

Schwarz served on the board of directors of Synopsys, Inc. since May 2007,[30] Teradata since September 2010,[31] and Avast since December 2011.[32] [33] He is also a member of the Advisory Council at Dalhousie University in Halifax, Nova Scotia, Canada.[34]

Notes and References

  1. Book: Lightstone. Sam. Making it Big in Software: Get the Job. Work the Org. Become the Great.. March 20, 2010. Prentice Hall. 9780137065479. 456. 1.
  2. Web site: Verton. Dan. Q&A: Symantec's John Schwarz on the Slammer worm. Computer World. Computerworld Inc..
  3. Web site: Ricciuti. Mike. Bulked-up Symantec eyes new conquests. ZDNet. CBS Interactive. 10 June 2014.
  4. Web site: Dalhousie University. 2000 - 2009 Honorary Degree Recipients. Dalhousie University. 10 June 2014. dead. https://web.archive.org/web/20160303210717/http://www.dal.ca/academics/convocation/ceremonies/honorary_degree_recipients/hon_degree_2000_2009.html. 3 March 2016.
  5. News: SAP to buy Business Objects for $6.8B . 10 June 2014 . The Associated Press . BusinessWeek . dead . https://web.archive.org/web/20071012175940/http://businessweek.com/ap_working/financialnews/D8S4K2580.htm?chan=top+news_top+news+index_top+story . October 12, 2007 .
  6. Web site: Farber. Dan. SAP's growth spurt: $6/8 billion for Business Objects. ZDNet. CBS Interactive. 10 June 2014.
  7. Web site: Schick. Shane. SAP puts former Business Objects CEO on board. IT World Canada. IT World Canada. 10 June 2014.
  8. Web site: Dignan. Larry. SAP's Schwarz Resigns. ZDNet. CBS Interactive. 10 June 2014.
  9. Web site: Kanaracus. chris. Schwarz quits SAP in latest reshuffle. Computer World. IDG Communications. 10 June 2014.
  10. Web site: Hamerman. Chris. More SAP Leadership Changes Announced. Forrester. Forrester Research, Inc.. 10 June 2014.
  11. Web site: Henschen. Doug. SAP's Schwarz Resigns; Analysts Question Growth Plans. InformationWeek. UBM Tech. 10 June 2014.
  12. Web site: Wahl. Andrew. Business software: Intelligence test. Canadian Business. Rogers Digital Media. 10 June 2014.
  13. Web site: Business Objects CEO John Schwarz Named to SAP Executive Board. SAP. SAP. 10 June 2014.
  14. Web site: Dignan. Larry. SAP's Schwarz resigns. ZDNet. CBS Interactive. 10 June 2014.
  15. Web site: Visier. Leadership. Visier. 8 June 2014.
  16. Web site: Holincheck. James. Otter. James. Freyermuth. Jeff. Cool Vendors in Human Capital Management Software, 2012. https://web.archive.org/web/20160303231756/https://www.gartner.com/doc/1996717. dead. March 3, 2016. Gartner. Gartner. 30 April 2012.
  17. Web site: Branham 300. Top 25 Canadian Up and Coming ICT Companies. Branham 300. Branham Group Inc.. 30 April 2012. 15 June 2012. https://web.archive.org/web/20120615095707/http://www.branham300.com/index.php?year=2012&listing=4. dead.
  18. Web site: Kelly. Meghan. Van Grove. Jennifer. CloudBeat 2011: Innovation Showdown competitors are changing the cloud. VentureBeat. VentureBeat. 2 December 2011.
  19. Web site: Visier raises north of $60 mln in Sorenson-led Series D funding. PEhub. 15 March 2017.
  20. Web site: Visier. Visier Secures $25.5 Million In Series C Financing as Demand for Company's Applied Big Data Solutions Accelerates. Visier. Visier Inc.. 10 June 2014.
  21. Web site: Primack. Dan. Deals of the day: Visier raises $25 million. Fortune. Fortune (Time Inc.). 10 June 2014.
  22. Web site: Visier raises $25.5 million. Pulse 2.0. Pulse 2.0. 10 June 2014.
  23. Web site: Shieber. Jonathan. Combining Big Data and Human Resources Nets Visier $25.5 Million. TechCrunch. TechCrunch. 10 June 2014.
  24. Web site: O'Dell. J.. Visier gets $15M to bring your boss a hot, steaming cup of analytics. VentureBeat. VentureBeat. 2 June 2013.
  25. News: Braga. Matthew. Vancouver's Visier raises $15M Series B to grow business analytics software. 10 June 2014. National Post. Post Media Network Inc.. 30 May 2013.
  26. Web site: Bedigian. Louis. Visier Scores $15 Million in New Funds. Benzinga. Benzinga. 2 June 2013.
  27. Web site: Liu. Ted. Visier secures $15 million Series B led by Summit Partners. Canadian Private Equity. CVCA. 2 June 2013.
  28. Web site: NewsDesk. TechVibes. Business Objects Vets Raise $6 Million for Business Analytics Software Startup. TechVibes. TechVibes. 8 September 2011.
  29. Web site: Wauters. Robin. Business Objects Vets Raise $6 Million for Business Analytics Software Startup Visier. TechCrunch. TechCrunch. 14 October 2011.
  30. Web site: Taylor. Colleen. Synopsys adds 2 new board members. Electronic News. Electronic News.
  31. Web site: Teradata Corp.. MarketWatch. The Wall Street Journal. 10 June 2014.
  32. Web site: Avast Software. Buzz Sparks. 10 June 2014.
  33. News: Reciprocal. Wall Street Journal. Wall Street Journal, Eastern Edition. .
  34. Web site: Dalhousie University. Convocation - 2000-2009 Honorary Degree Recipients. dead. https://web.archive.org/web/20160303210717/http://www.dal.ca/academics/convocation/ceremonies/honorary_degree_recipients/hon_degree_2000_2009.html. 2016-03-03.

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