Darren Wesemann Email & Phone Number

Bountiful, Ut, Us

Lehi, Ut, Us

Sandy, Utah, Us

The role as CTO and Chief Product Officer at CXP allowed me to play a pivotal role in the successful creation and sale of the company, through strategic leadership and innovative technology development.• Successful Company Sale: Led the company sale process, resulting in an exceptional 224% IRR and 26x multiple by selling CXP to Integrity Marketing.• SaaS Product and Technology Operations: Directed the SaaS product and technology operations, resulting in a unique Medicare enrollment offering that was instrumental in CXP's success.• Startup Transformation: Engineered the transformation of CXP from a failing startup to a highly competitive and successful provider in the healthcare market.• Innovative Cloud Stack Creation: Architected and developed XE (Extensible Ecosystem), a cutting-edge cloud stack, pioneering the use of modern cloud technology in the healthcare industry. This breakthrough innovation provided CXP with a critical competitive advantage.

New York, Ny, Us

I served as the EVP and Chief Innovation Officer at Berkadia, a leading commercial real estate management and investment company. I was responsible for transforming the company and its operations, significantly increasing the debt servicing and production volume, and forming key partnerships for continued success.• Strategic Transformation: Transformed Berkadia into a leading broker in commercial real estate, servicing $320 billion in debt from $250 billion.• Production Volume Growth: Grew annual production volume from $10 billion to over $40 billion, demonstrating high-impact business growth and strategic direction.• Partnership Formation: Played a key role in forming a successful joint venture with Warren Buffett's Leucadia, showcasing strong relationship development and strategic partnership skills.

Minneapolis, Mn, Us

During my tenure at IDS, I served as a CTO and Head of Product, overseeing the successful transformation of a legacy product into a leading cloud SaaS solution. As part of the executive team, I played a key role in facilitating the company's acquisition by Thoma Bravo and executed an impactful rebranding initiative that positioned IDS as a prominent player in the asset finance industry.• Strategic Transformation: Led the strategic shift from a failing legacy product to a highly successful cloud-based SaaS solution, contributing to a significant increase in market share and overall revenue growth.• Acquisition and Integration: Successfully navigated the acquisition of IDS by Thoma Bravo, a leading private equity investment firm, effectively positioning the company for continued growth and success within the asset finance sector.• Executive Leadership: As a member of the board of directors and C-suite executive, provided critical guidance and oversight to the company's operations, ensuring that all strategic initiatives aligned with long-term organizational goals.• Rebranding and Positioning: Spearheaded the rebranding of IDS to "Solofi," a pivotal initiative that strengthened the company's market presence, enhanced brand recognition, and supported its expansion into new industry segments.• Financial Performance: Played an instrumental role in realizing exceptional financial returns, contributing to a 727% IRR and a 27x multiple through the successful sale of IDS to a prominent investment partner.• Product Innovation: Drove the development and launch of innovative software solutions, consistently staying ahead of market trends and technological advancements to deliver exceptional value to customers.

Us

As Operating Advisor I assisted in acquisition modeling, due diligence and operating strategies of the Leucadia portfolio companies.

Reston, Va, Us

As the CTO at Ellucian, a newly spun-out company from SunGard, I was instrumental in leading the company's technology practice, inventing key technological properties, and growing revenues through successful product launches and business acquisitions. (See SunGard Higher Education)

As a technology leader at SunGard Higher Ed, I was instrumental in transforming the company's technology practice, inventing key technological properties, and growing revenues through successful product launches and business acquisitions. My strategic guidance was pivotal in turning around the failing business unit and positioning it for a successful sale, ultimately leading to the creation of a new market leader in Higher Education technology.• Merger and Acquisition Strategy: Guided the successful integration and operation of over 60 businesses into SunGard, demonstrating an exceptional ability to manage the complexities of major acquisitions and consolidate processes for efficiency and profitability. Drove revenue growth from $1.4 billion to $3 billion.• Transformational Leadership: As CTO and Chief Product Officer, orchestrated a complete turnaround of the SunGard Higher Education business unit, elevating both its technology portfolio and commercial performance. Achieved remarkable results within 18 months, including raising NPS from -37 to +24, delivering 7 new products, and reversing deal-loss ratios from 80% to 20% in favor of wins.• Successful Business Divestiture: Spearheaded the strategic transformation of SunGard's Higher Education technology business and orchestrated its sale to Helman and Friedman. Achieved an impressive 14x multiple on the divestiture, reflecting the exceptional value created through the unit's revitalization and product innovations.• Market Transition and Continuity: Played a crucial role in the sale of the Higher Education Division by launching a new brand, Ellucian, and ensuring a seamless transition of operations to the new owners. The sustained success of Ellucian as a market leader reflects the effectiveness and long-term impact of this transition.

Wayne, Pa, Us

As a technology leader at SunGard, I created the company's cloud strategy, branded SunGard Infinity, and lead the unit from inception to profitable returns and growing revenues through successful product launches and business acquisitions. I pioneered the successful SaaS models delivering cloud-based financial services solutions to the global banking industry in over 62 countries.• President of SunGard Infinity: Ensured the successful commercialization and management of SunGard's growing cloud offerings, allowing the company to establish a strong foothold in the segment and elevate its position in the industry.

Wayne, Pa, Us

As a technology leader at SunGard, I was instrumental in transforming the company's technology practice, inventing key technological properties, and growing revenues through successful product launches and business acquisitions.• Global CTO: Established global common technology practice and invented the common services architecture, allowing SunGard to streamline and standardize its technology offerings across business units.• Product Development: Revolutionized SunGard's portfolio with new products and services, including the launch of SunGard's SaaS cloud portfolio, "Infinity". This initiative grew SunGard's enterprise portfolio and played a significant role in expanding its client base and enhancing customer satisfaction.• Merger and Acquisition Strategy: Guided the successful integration and operation of over 60 businesses into SunGard, demonstrating an exceptional ability to manage the complexities of major acquisitions and consolidate processes for efficiency and profitability. Drove revenue growth from $1.4 billion to $3 billion.

As the Chief Information Officer at the American Investment Bank, I oversaw the transformation of a failing IT operation and provided key support during the bank’s acquisition by Wells Fargo.• IT Operation Transformation: Spearheaded the overhaul of IT infrastructure and processes, leading to improved efficiency, reliability, and security of critical systems.• Acquisition Support: Played a vital role in facilitating the acquisition process by Wells Fargo, ensuring a seamless transition and integration of IT and data systems.• Compliance and Security: Implemented enhanced security measures and governance protocols to ensure regulatory compliance and protect sensitive financial data.• Change Management: Introduced change management processes to minimize disruption and maximize user adoption of new technologies and IT services.

As a co-founder and the CTO of Spontaneous Technology, I invented and patented the company's SSL VPN technology and played a key role in the successful acquisition of the company by Microsoft. Our groundbreaking technology laid the foundation for the future development of secure remote access solutions, significantly impacting the cybersecurity landscape.• Innovation and Technology Development: Spearheaded the invention and patenting of SSL VPN technology, positioning Spontaneous Technology as a pioneer in secure remote access solutions.• Acquisition by Microsoft: Played a critical role in the successful sale of Spontaneous Technology to Microsoft, recognizing the value and potential of our innovative technology.• Strategic Leadership: Guided the company's technological vision and development efforts, ensuring alignment with industry needs and future market demands.• Industry Impact and Recognition: Contributed to defining the future of cybersecurity by introducing a revolutionary approach to secure remote access, leaving a lasting impression on the industry.

As the co-founder and CTO of Talk.com, I had the amazing opportunity to take a vision and technology just beginning to emerge and transform it into something that would be used around the globe - creating the first iteration of Voice Assistant technology.• Technology Invention: Co-founded startup and invented voice browser technology, which served as the technological foundation for future smart virtual assistants like Google Assistant, Alexa, and Siri.• Venture Funding: Successfully facilitated raising $42 million in venture funding to support research, technology development, and market expansion.• Market Expansion: Established a strong technological foundation that enabled the company to enter and effectively compete in the rapidly emerging voice assistant technology market.• Pioneering Innovation: Pioneered the development of voice browser technology, laying the groundwork for the evolution of virtual assistants and the integration of voice technology into various applications and devices.• Strategic Partnerships: Forged strategic partnerships and collaboration with industry leaders to accelerate technological advancements and maintain a competitive edge in the voice assistant market.

Executive Certificate, Business Administration, Finance, Management And Operations

Bs, Computer Science