Nitrogen | Press Release: Nitrogen Appoints Laurie Schultz as Board Chair
We’re thrilled to welcome Laurie Schultz as our new Board Chair! Read the full announcement below!
Nitrogen Appoints Laurie Schultz as Board Chair
Schultz brings 30 years of technology experience to Nitrogen, including serving as Canada’s first female CEO of a billion-dollar software company.
AUBURN, CALIFORNIA — November 18th, 2021 —Nitrogen today announced the appointment of Laurie Schultz as its board chair. Schultz will add her more than 30 years of experience helping guide technology companies such as Sage, Intuit, KPMG, and TELUS to her new role at Nitrogen. Most recently, she became Canada’s first female CEO to lead a technology company to unicorn status as the CEO of Galvanize.
“After our recapitalization with Hg to exit our early investors and open the next chapter for Nitrogen, we embarked on a search to find the perfect new Board Chair to help us reach billion-dollar scale,” said Aaron Klein, CEO at Nitrogen. “Laurie is a dynamic and accomplished leader with vast expertise in helping large enterprises deal with compliance issues and implement advanced SaaS software solutions. I’m so excited to welcome her to the Nitrogen team.”
Ms. Schultz helped lead a remarkable transformation of Galvanize over her 10 years as CEO, revamping the firm’s culture, technology, and business model, raising over $100 million of debt and equity, and ultimately helping the firm join forces with Diligent at a valuation of $1 billion. In addition to her new role at Nitrogen, she will continue to serve on the boards of Boast.AI, UserZoom, and First United / Forward.
“I am thrilled to join the team at Nitrogen and do my part to drive this remarkable company to billion-dollar scale and beyond,” said Schultz. “I know what it takes to help complex enterprises implement solutions that drive business value. I love the deep and steadfast commitment from Aaron and the team to put the firm’s mission, values, and culture at the heart of how they deliver innovation and growth for advisors and enterprises alike.”
In addition to Schultz, Nitrogen’s Board of Directors now includes Aaron Klein (CEO), Hg’s Sebastien Briens, Max Dewez, Richard Earnshaw, and Redtail Technology’s CEO Brian McLaughlin. Nitrogen expects to announce additional board appointments in the future.
Ms. Schultz joins Nitrogen’s board following a successful, in-person 2021 Fearless Investing Summit that featured, among other product updates and announcements, the launch of its Discovery investment research quantitative engine, which culls through exchange-traded funds (ETFs), mutual funds, and other securities that best fit an investor’s portfolio utilizing a series of criteria that includes the Risk Number® and GPA®.
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Nitrogen is the company that invented the Risk Number®, which powers the world’s first Risk Alignment Platform and was built on top of a Nobel Prize-winning academic framework. Advisors, broker-dealers, RIAs and asset managers use the Nitrogen platform to create alignment between clients and portfolios, leverage sophisticated analytics to increase the quality of their advice, automate trading and client account management, and access world-class models and research in the Nitrogen Partner Store — all with the mission of empowering the world to invest fearlessly. To learn more, visit www.riskalyze.com.