InRiver, a leading provider of product information management (PIM) solutions, has appointed Niels Stenfeldt, a veteran in B2B software, as its CEO.
Stenfeldt brings to InRiver over 20 years of experience growing B2B enterprise software companies and successfully leading go-to-market strategies. He most recently served as CEO of Stibo Systems, a leader in master data management (MDM), where he played an integral role in growing the company’s global customer base. Before Stibo, Stenfeldt led a global growth strategy as the head of worldwide sales and services for Esko, a packaging software company. In addition, Stenfeldt has held leadership roles at Oracle, SAP, OpenText, and Evenex (acquired by HighJump).
Niels Stenfeldt, CEO, inriver
“I am thrilled by the opportunity to lead this exceptional company and work alongside some of the industry’s best professionals as we continue to serve our customers’ evolving needs better and accelerate growth in new customers across the globe. Moreover, InRiver has a unique position in managing product data. Strongly believe this industry will continue to rise in importance over the next several years as commerce becomes increasingly digital,” said Stenfeldt. “I want to commend Thomas for his leadership and accomplishments as CEO, who elevated InRiver into one of the world’s leading SaaS-based PIM technologies during his time. I am sincerely honoured to have the opportunity to succeed him from this point forward.”
InRiver holds a strong position to capitalize on the growing demand for PIM solutions as more and more businesses look to streamline their product data management processes. Stenfeldt’s appointment underscores its commitment to delivering innovative and comprehensive PIM solutions to its global customer base.
As CEO, Stenfeldt will be responsible for leading inriver’s strategy and execution and overseeing the company’s day-to-day operations. Also, he will be based out of inriver’s Stockholm headquarters.
Some companies utilize InRiver’s solutions for the world’s leading brands, including H&M, Ikea, Coca-Cola, and Adidas. InRiver provides a complete solution for managing product information across all sales channels. By tightly integrating all aspects of product information management, InRiver’s platform helps brands reduce manual work processes, optimize their product information for marketing purposes, and create a cohesive ecosystem that supports both B2C and B2B multi-channel commerce. inRiver is one of the market leaders, with over 250 customers in more than 30 countries around the globe.