inRiver Appoints Per-Olof Schroeder as Chief Executive Officer

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inRiver, a provider of SaaS-based product information management (PIM) solutions, announced the Board of Directors has appointed Per-Olof Schroeder Chief Executive Officer. He will assume day-to-day leadership of the company.

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“The Board thanks Thor Johnson for his leadership over the past two years and is pleased to welcome Per-Olof as our new CEO,” said inRiver Chairman of the Board, Jorgen Smidt. “Per-Olof has demonstrated a strong record in driving success of SaaS cloud computing services while delivering revenue growth, profitability, and market share. In his role as CEO, Per-Olof will continue building on inRiver’s mission to redefine commerce.”

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Schroeder has more than 25 years in leadership roles in the IT industry, comprising a 15-year tenure at Microsoft including seven years as the leader of Microsoft’s Productivity & Business Process Business Group in the Western Europe Region. “I am delighted to join the inRiver team and to lead such a talented group of people with a demonstrated track record of success,” said Schroeder. “It is an exciting time in our industry, and with inRiver’s market position, capabilities, and unique offering, I look forward to embarking on the next phase of inRiver’s growth journey.”

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