Brightpearl Continues Expansion of Management Team with New CFO and US Director of Sales, and Moves US Headquarters to Larger Space

AUSTIN, Texas and BRISTOL, UK – July 13, 2017 – Brightpearl, the leading retail management system for high-growth omnichannel retailers, today announced the company has again expanded its leadership team with two experienced technology and business operations experts. Roger Lovegrove joins Brightpearl as Chief Financial Officer and Michael Sherman is named Director of Sales, Brightpearl US.

Lovegrove will work alongside Derek O’Carroll, CEO of Brightpearl, and the management team to help drive Brightpearl’s continued growth and will play a significant role in corporate strategy and relations with investors alongside responsibilities for Brightpearl’s finance function. As director of sales, Sherman is responsible for the company’s business development efforts in the United States, and will be instrumental in strategically building new customer pipeline.

Derek O’Carroll, CEO of Brightpearl, notes, “We continue with our business goal of investing in the right people who have a keen understanding of the retail industry’s unique problems and how to solve them. Sticking to our strategic business plan has allowed Brightpearl to continue to meet the needs of omnichannel retailers, to rapidly develop the solutions that best meet their evolving operational requirements, and to offer unparalleled customer service and support that helps them compete effectively often against more established competitors.”

The latest key hires that will help drive growth worldwide include:

Roger Lovegrove, Chief Financial Officer, Brightpearl UK -- Lovegrove is an experienced CFO with extensive operational experience with fast-growing, SaaS businesses, and has held senior financial and general management roles in both private and publicly-traded businesses (EMEA, USA, and Asia Pacific) both organically and through M&A (buy and build strategy). Prior to joining Brightpearl, Lovegrove was CFO of Lumi Technologies where he played a pivotal role in the sale of a majority stake of the business to a private equity firm. He studied at Liverpool John Moores University, Liverpool, England.   

Lovegrove headshot:

Michael Sherman, Director of Sales, Brightpearl US -- Sherman is a seasoned business development and sales professional with expertise working with enterprise solution providers, ranging from SMB to Fortune 500 companies. He has successful experience in channel development and sales, direct sales, lead generation, and building effective teams that are consistently top performers. Sherman comes to Brightpearl most recently from NetSuite, where as a manager, business development, he lead and managed a team of 10 or more business development representatives prospected across the US, and industries including retail, wholesale distribution, software, and services to grow the company’s sales pipeline. Prior to NetSuite, Sherman moved to Austin for a startup company called Spanning where he helped build the channel organization. When Spanning was acquired by EMC in October 2014, he was an International Account Executive responsible for working with and selling to companies headquartered outside of the United States. He studied finance at Arizona State University, W. P. Carey School of Business, Tempe, Arizona.

Sherman headshot

Austin Expansion

In addition to these new hires, 12 new employees have joined the US operations since April 2017; with growth plans for the US to include filing seven new positions that span marketing, sales, and customer support / service. Brightpearl will participate in Built In Austin’s Top Companies Hiring Event, July 19, 5:30-7:30pm, The Belmont, 305 W 6th Street, Austin, to build awareness for the company, its growth plans, and focus on recruiting local talent.

Having outgrown its original Austin-based headquarters location in just three months, Brightpearl relocated its US office to TechSpace, 98 San Jacinto Boulevard – also known as the CBD or downtown Austin on the north bank of the Colorado River. The new headquarters, which is nearly double the original space, is on the 4th floor and provides a more permanent residence with room for additional growth. (See release: Brightpearl Opens Second US Office and Expands Management Team with Specialized Retail and Technology Talent, April 11).

“Austin, a boomtown of technology, is recognized as one of the fastest growing cities in the US. Its vibrant technology sector is often considered Texas’s answer to Silicon Valley,” said Justin Press, Vice President of Customer Success, and Brightpearl USA. “Capital Factory provided a great start to our foundation in Austin. Our US success and our expansion, which mirrors that of the technology scene that is rapidly growing here in Austin, has already moved us onto our own offices.”

Brightpearl has an exceptional team of technologists and retail industry experts to which these new leadership additions bring nearly 25 years of extensive operational experience in international technology businesses, and 10 years of strategic business development and customer account management. Brightpearl is on track to meet its plans to add strategic positions across marketing, business development, consultancy, pre-sales, and leadership in the Austin office, and to establish an automation innovation team based in Austin in the second half of 2017.

Press said, “Our Austin-based US headquarters affords us the opportunity to tap the immense technology talent that thrives here – whether it is making new employee hires or building even stronger relationships with key technology partners. We continue to look for opportunities to work more effectively with our customers to help them evolve their operations using leading edge retail technology solutions, gain operational efficiency, and establish strong profit margins.”

About Brightpearl

Brightpearl is a powerful-yet-simple retail management system that helps mid-sized retailers and wholesalers expand and compete with larger rivals by streamlining sales and supply chain functions across multiple online and offline channels. Brightpearl’s cloud-based software and services enable omnichannel merchants to manage the heart of their business by combining purchasing, inventory management, CRM, order processing, accounting, fulfillment, and reporting into a single reliable system. Founded in 2008 with offices in the US and UK, Brightpearl is used by more than 1,200 merchants around the world.

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