Danielle Tarp

Oracle NetSuite Corporate Communications

NetSuite appoints Mike Arntz as Senior Vice President of Sales Americas

Longtime Oracle Veteran Brings Vertical, Enterprise Expertise to Cloud Leader

SAN MATEO, Calif.—April 30, 2015—NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP and omnichannel commerce software suites, today announced that it has appointed Mike Arntz, a longtime sales leader in the industry, as Senior Vice President of Sales Americas. In this role, Arntz will be charged with overseeing NetSuite's sales efforts in North and South America and driving adoption of NetSuite's industry leading cloud-based business management software.

"Mike has a tremendous track record running sales organisations in both the midmarket and enterprise," said Marc Huffman, President Worldwide Sales and Distribution at NetSuite. "We're excited about the energy and expertise he's bringing to NetSuite. We look forward to continued momentum in the Americas under Mike's leadership."

Arntz is an accomplished sales leader with more than 25 years in enterprise technology sales. He comes to NetSuite most recently from cloud application provider Kenandy, where he served as Executive Vice President of Worldwide Sales, developing Kenandy's sales team and helping engage Kenandy's initial customers. Prior to that, Arntz worked at Oracle Corp., where he worked for nearly 20 years in sales, most recently serving as Group Vice President, North America Application Sales, Midmarket, where he created and led the Organisation responsible for sales of Oracle's Software as a Service and on-premise applications to the midmarket. Arntz also led enterprise application and technology sales for the western United States and Canada while at Oracle.

"It's exciting to be joining the industry leader in cloud ERP software suites," Arntz said. "NetSuite is an incredibly powerful solution with a tremendous roster of customers. I think the leadership team and employees here have built an incredible brand and company. I look forward to helping to expand upon that growth."

Today, approximately 24,000 companies and subsidiaries depend on NetSuite to run complex, mission-critical business processes globally in the cloud. Since its inception in 1998, NetSuite has established itself as the leading provider of enterprise-class cloud financials/ERP, CRM and omnichannel software suites for mid-sized organisations, large enterprises and divisions of large enterprises seeking to upgrade their antiquated client/server ERP and other systems. NetSuite continues its success in delivering the best cloud ERP/financials suites to businesses around the world, enabling them to lower IT costs significantly while increasing productivity, as the global adoption of the cloud is accelerating.


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