VC-backed PHEMI Systems hires Rick Makos as new CEO

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By CPE News

pcJ News Briefs – PHEMI Systems Corporation has named Rick Makos as its new President & CEO, replacing Dr. Paul Terry who now is Chief Innovation Officer responsible for research and development and product management.

Prior to joining PHEMI, Makos served as the President and CEO of Angoss Software, a Toronto based predictive analytics and data science company owned by private equity firm Peterson Partners. Makos has previously held the positions of VP of Analytics at SAP Canada, President of Teradata Canada, and VP of Financial Solutions at NCR Canada. Makos holds a B.Sc. from the University of Toronto.

Vancouver based PHEMI Systems is backed by CTI Life Sciences Fund, BDC Capital, Yaletown Partners and Quark Venture Inc.

PHEMI Systems

News Release

PHEMI Appoints New CEO to Focus on Growth

Incoming CEO, Rick Makos, brings a strong customer-focus and extensive industry expertise, positioning the company for market expansion

VANCOUVER, British Columbia–(BUSINESS WIRE)–PHEMI, the company delivering big data solutions with built-in privacy, governance, and enterprise-grade management, today announced the appointment of a new CEO, positioning the company for continued growth and market expansion. Mr. Makos recently served as CEO of Angoss Software, a predictive analytics and data science company, where he led the company’s growth and worked closely with customers, helping to streamline the company’s product strategy and increase profitability. Previously, Mr. Makos served as President of Teradata Canada, working collaboratively with clients to design pioneering enterprise data warehouse and data mining solutions, with the company realizing a 30-fold increase in revenue during his tenure.

In his new role as PHEMI CEO, Makos will lead the company’s expansion from healthcare and precision medicine to include the financial services, insurance, and other industries working with sensitive data.

“PHEMI is uniquely positioned to solve privacy, security and governance challenges associated with enterprise-grade big data warehouse deployments,” said Rick Makos, CEO, PHEMI. “With PHEMI having recently been recognized for its offerings in key industry analysts’ reports, I feel fortunate to be joining the company at a time where there are unbound opportunities for business growth, and I look forward to close engagement with the leadership team and an increased customer base.”

As part of the organizations changes, PHEMI’s preceding CEO Dr. Paul Terry takes on the position of Chief Innovation Officer, where he will focus on product vision and provide leadership for the company’s research and development and product management departments.

About PHEMI

PHEMI delivers privacy, security, governance and enterprise-grade management for big data. Its flagship product, PHEMI Central Big Data Warehouse, embeds privacy policies and enforces access privileges, and data sharing agreements at the data level, removing a critical roadblock standing in the way of enterprises that aim to become data-driven.

PHEMI Central lets organizations easily access and mine any variety of data at any volume to drive insights that lower costs, improve outcomes, and allow better decisions faster. PHEMI brings both privacy and performance to big data. For more information visit http://www.phemi.com/ and follow us on Twitter.

Contacts

Interprose Public Relations
Melissa Power, 401-454-1314
melissa.power@interprosepr.com