Netstock announces the appointment of Ara Ohanian as Chief Executive Officer. He will succeed Tony Sinton, Founder & CEO.
Ohanian is a seasoned leader with a solid track record of growing global SaaS businesses. He brings entrepreneurial energy and scaling expertise to Netstock. Prior to joining Netstock, Ohanian led Systech International’s merger into Dover (NYSE:DOV). Earlier, as Senior Vice President and General Manager at Infor, he led Infor’s global statutory compliance cloud business enabling Infor Cloud Suite ERPs. Ohanian also served as an Operating Partner at Dubilier & Co.
“With our best-in-class inventory optimization and demand planning solutions, Netstock empowers businesses to minimize stock-outs, accelerate order flow and unlock operating cash,” said Ara Ohanian, Netstock CEO. “With supply chain disruption top-of-mind, Netstock brings critical visibility and insight to transition from “just-in-time” to “just-in-case” inventory management.”
“Ara shares our customer-first culture and commitment to diversity in the workplace. I am delighted to hand over the reins to a caring leader with supply chain and SaaS experience, to take Netstock to its next phase of growth,” said Tony Sinton, Founder and board director of Netstock. “I will remain on the Board and provide Ara with the support needed to ensure our continued success. I look forward to leveraging my new role to further innovate the Netstock platform with AI capabilities.”
Ohanian’s appointment as CEO comes on the heels of Netstock’s acquisition of Demand Works, a leader in inventory demand planning and forecasting for mid-sized manufacturers and distributors. In the summer of 2021, Netstock announced the acquisition of Netstock Europe to accelerate growth in Germany. These acquisitions position the combined entity to uniquely offer an unparalleled inventory optimization platform to customers globally.
Ara’s background as an entrepreneur experienced in scaling software businesses and building strong teams makes him the ideal candidate for Netstock, said Hilary Fleischer, Partner at Strattam Capital and board director of Nestock. I also want to thank Tony Sinton for his instrumental role in building a world leader in inventory optimization for small and mid-sized businesses.
