OpenLink Announces Mark Greene to be CEO
Former CEO of Fair Isaac Corporation Brings 30 Years of Financial Technology Expertise
OpenLink Financial LLC (OpenLink), the leading provider of cross-asset trading and risk-management solutions for energy, commodity, and financial service companies, today announced the appointment of its new CEO, Mark N. Greene, Ph.D. Dr. Greene becomes a Director of the company effective immediately, and will become Chief Executive Officer on December 19, 2012, after completing transitional responsibilities for Fair Isaac Corporation (FICO), which he left earlier this year. As indicated in July when current CEO Kevin Hesselbirg announced his intention to step down once a successor was appointed, OpenLink has elected Mr. Hesselbirg as Vice Chairman of the Board, effective immediately.
Dr. Greene, 58, is a financial technology veteran with 30 years of global executive expertise at leading institutions including the Federal Reserve Board, Citigroup, IBM, and FICO. He served as FICO's CEO for five years, before leaving earlier this spring. Prior to that, he was Vice President of Financial Services, Sales and Distribution at IBM. He earned his BA at Amherst College and received a MA and Ph.D. from the University of Michigan, all in Economics. He specializes in econometric modelling and advanced analytical techniques.
In announcing this appointment, OpenLink Chairman Brad Henske, a Managing Director of Hellman & Friedman LLC, said, "We are delighted to welcome Mark as OpenLink's new leader. His background in managing large enterprise software businesses, and his deep understanding of analytics, business intelligence, and risk management, make him the ideal person to lead OpenLink's next phase of growth."
Dr. Greene expressed excitement at his new role. "OpenLink is the clear market leader in Commodity/Energy Trading and Risk Management (C/ETRM), and I am keen to contribute to its continued growth. Equally, I am eager to bring my prior financial services and analytic expertise to OpenLink’s capital markets and corporate sectors. These markets continue to seek intelligent value adding solutions to meet their complex and evolving business requirements and present strategic opportunities to deliver robust growth given today's global economic climate. I am thrilled to have the opportunity to build on the strong accomplishments of Kevin and his team, and will seek his assistance to ensure a smooth transition. I look forward to forging close ties to our clients at the upcoming User Conference in Montreal, and to guiding OpenLink's growth in the years ahead as we expand in both industry and geographic coverage."
After 13 years with OpenLink, the last six years as CEO, Mr. Hesselbirg has elected to continue his relationship with OpenLink in his new role as Vice Chairman of the Board of Directors. He noted, “The last decade has been a period of intense growth for OpenLink. A seasoned executive of Mark's caliber will bring fresh energy, experience and ideas to lead the company into its next decade of growth. I look forward to assisting Mark in ensuring a seamless CEO transition, and serving in my Vice Chairman capacity as an active advisor.”
About OpenLink
Founded in 1992, OpenLink (www.openlink.com ) provides decision support software solutions for transaction lifecycle management. This software encompasses financial and physical cross-asset trading, risk management, related operations processing and portfolio management for commodity, energy and financial services markets and industries globally. The Company is a high growth, private equity-backed global software and services business serving energy, commodities, financial institutions, agribusiness, food & beverage, and corporate customers.
OpenLink’s best-in-class products help clients manage their commodity, energy, and financial instrument trading activities across the entire trading and supply chain lifecycle. Founded in 1992, the company has grown both organically and through strategic acquisitions, and generated pro forma revenue of over $300 million in 2011.
The company services over 500 clients, including a world-class customer base of 12 of the world’s largest commodity and energy companies, nine of the largest financial institutions, and 11 of the largest central banks.
The Company has over 1,200 employees in its 12 global offices on five continents. Based in Uniondale, on Long Island, NY, it has additional offices in New York City, Houston, London, Berlin, Vienna, Toronto, Moscow, São Paulo, Singapore, Dubai, and Sydney.
OpenLink has received multiple industry awards and recognition in 2011, including being ranked as the industry leader by Gartner and ranked first in its class by Energy Risk Magazine for Commodity/Energy Trading and Risk Management (C/ETRM) systems.
OpenLink was acquired in October 2011 by leading private equity investment firm Hellman & Friedman LLC.
About Hellman & Friedman LLC
Hellman & Friedman (www.hf.com ) is a leading private equity investment firm with offices in San Francisco, New York and London. Since its founding in 1984, H&F has raised, and through its affiliated funds, managed over $25 billion of committed capital, including its current seventh fund, with approximately $9 billion of committed equity capital. The Firm focuses on investing in superior business franchises and serving as a value-added partner to management in select industries, including software, internet & digital media, financial services, business & marketing services, insurance, media, healthcare and energy & industrials. OpenLink is H&F’s tenth software investment in twelve years. Representative investments in the software sector include Activant Solutions, Inc., ellucian Incorporated, Intergraph Corporation, Kronos Incorporated and Vertafore Corporation.
Contact:
Cognito
Caitlin Mitchell, +1-646-395-6300
olf@cognitomedia.com
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Andersen Global styrker platformen i Filippinerne med Du-Baladad and Associates3.5.2025 00:55:00 CEST | Pressemeddelelse
Andersen Global forstærker sit engagement i Asien og Stillehavsområdet gennem en samarbejdsaftale med Du-Baladad and Associates, et skatte- og virksomhedsservicefirma med base i Filippinerne. Firmaet blev grundlagt i 2009 af administrerende partner Benedicta Du-Baladad og tilbyder en bred vifte af ydelser, herunder skatterådgivning og -planlægning, transfer pricing, international skat, skattetvister og -retssager, compliance og bistand i forbindelse med incitamenter. Du-Baladad and Associates anerkendes konsekvent som et førende skattefirma i Filippinerne af Chambers and Partners, International Tax Review, The Legal 500 og Asialaw og servicerer multinationale virksomheder og store indenlandske selskaber på tværs af brancher, herunder inden for finansielle tjenesteydelser, energi, olie og gas, produktion, fast ejendom og teknologi. "Vores firma bygger på en helhedsorienteret tilgang til kunderne, som prioriterer praktiske og skræddersyede strategier til at styre risici og understøtte vo
Spatial Releases 2025 1.0.1 with Enhancements for CAD Translation, Model Simplification, and Mesh Preparation for Manufacturing and Simulation2.5.2025 16:47:00 CEST | Press release
Spatial Corp., the leading software development toolkit provider for design, manufacturing and engineering solutions and a subsidiary of Dassault Systèmes, announces the 2025 1.0.1 release and updates across several product lines, reaffirming its commitment to providing innovative solutions for its customers in domains ranging from CAD to simulation, manufacturing, and beyond. The 2025 1.0.1 release delivers expanded functionality designed to streamline manufacturing and simulation workflows. Key highlights include a new custom feature detection API in ACIS for more efficient model simplification, expanded CAD format support—including STEP AP242 PMI writing—and continued enhancements to hidden-body removal. With this release, Spatial reduces manual tasks, increases fidelity in geometry translation, and strengthens its toolset for automated design-to-manufacture and design-to-simulation pipelines. 3D ACIS ModelerCustom Feature Detection (Beta): Model simplification often requires manual
Decent Cybersecurity Joins the Council of Slovak Exporters to Strengthen European Cybersecurity Exports2.5.2025 15:51:00 CEST | Press release
Decent Cybersecurity, a leading European provider of post-quantum security solutions, announces its membership in the Council of Slovak Exporters (CSE), reinforcing its commitment to expanding advanced cybersecurity exports across global markets. This strategic partnership combines Decent Cybersecurity's expertise in critical infrastructure protection with CSE's established export promotion platform. As a company holding national, EU, and NATO "Secret" level security clearances, Decent Cybersecurity brings specialized knowledge in post-quantum security, blockchain technology, and space traffic management solutions to the Council's network. "Joining the Council of Slovak Exporters represents a significant opportunity to strengthen Slovakia's position in the global cybersecurity market," said Matej Michalko, Founder and CEO of Decent Cybersecurity and a long-term expert on post-quantum cryptography and blockchain. "As cyber threats continue to evolve, our advanced solutions are increasin
Saudi Arabia Hosts EDGEx 2025, Pushing the Boundaries of Education2.5.2025 15:29:00 CEST | Press release
Saudi Arabia has taken another step forward in its educational reform journey with the successful conclusion of the International Education Exhibition (EDGEx), held from April 13–16, 2025. Organized by the Ministry of Education, the event convened education leaders, technology developers, and policymakers from around the world under the theme “Beyond Readiness.” This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250502190798/en/ Saudi Arabia Hosts EDGEx 2025, Pushing the Boundaries of Education (Photo: AETOSWire) Over four days, EDGEx welcomed more than 20,000 local and international visitors, including government representatives, senior educators, academics, business leaders, and professionals in the field. The exhibition served as a platform for dialogue, knowledge exchange, and cross-sector collaboration—bringing together institutions, companies, and decision-makers to explore how education and training can evolve in a rapidl
IFF Announces Tender Offers for Certain Outstanding Series of Notes2.5.2025 15:10:00 CEST | Press release
IFF (NYSE: IFF) announced today the commencement of tender offers to purchase for cash certain of its outstanding series of notes listed in the tables below (collectively, the “Notes”) for an aggregate purchase price, excluding accrued and unpaid interest, of up to $1.8 billion. Pool 1 Tender Offers Pool 1 Maximum Amount: $1.0 billion(1(a)) Title of Security CUSIP/ISIN Principal Amount Outstanding(in millions) Acceptance Priority Level(2) Series Tender Cap(3) U.S. Treasury Reference Security Bloomberg Reference Page Fixed Spread(4) Early Tender Payment (4)(5) 1.230% Senior Notes due 2025 459506AN1 U45950AE9 $1,000 1 $500 million 5.000% UST due 9/30/25 FIT3 + 0 bps $30 1.832% Senior Notes due 2027 459506AP6 U45950AF6 $1,200 2 $300 million 3.750% UST due 4/30/27 FIT1 + 75 bps $30 2.300% Senior Notes due 2030 459506AQ4 U45950AG4 $1,500 3 N/A 3.875% UST due 4/30/30 FIT1 + 110 bps $30 4.450% Senior Notes due 2028 459506AK7 US459506AK78 $400 4 N/A 3.750% UST due 4/15/28 FIT1 + 95 bps $30 Poo
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom