Harry E. Gruber Resigns as Kintera CEO, Continues to Serve on Kintera Board of Directors
SAN DIEGO--Kintera® Inc. (Nasdaq:KNTA), the leading provider of software as a service (SaaS) to the nonprofit and government sectors, today announced that its board of directors has unanimously named Richard N. LaBarbera as chief executive officer, effective immediately. LaBarbera was also elected as a member of the board of directors. He has served as the Company’s chief operating officer since February 2006 and as Kintera president since February 2007. LaBarbera’s focus will be on creating value for all Kintera stakeholders, growing Kintera’s business and furthering client loyalty.
Industry visionary and Kintera co-founder Harry E. Gruber has resigned as Kintera CEO, but will continue to serve as a member of the Company’s board of directors. Gruber co-founded Kintera to provide world-class technology to the nonprofit community, enabling organizations to raise more money, reach more people and run more effectively. He has been a pioneer in helping nonprofits leverage the power of the Internet to achieve their mission, and greatly contributed to society’s acceptance of the Internet as a viable means to donate and get involved.
“We thank Harry for the contributions he has made during his tenure at the Company, and look forward to the insight and expertise he will provide while serving on Kintera’s board of directors,” said Alfred R. Berkeley, III, chairman of Kintera’s board of directors. “Rich LaBarbera brings to Kintera a strong record of successfully driving effective business operations and managing for profitable growth. I look forward to the success we fully expect will be forthcoming.”
LaBarbera joined Kintera from Echopass Corporation, a leading provider of CRM software as a service and advanced call center solutions that integrate with partners such as Salesforce.com and RightNow® Technologies. He served as chief operations and services officer at Echopass.
LaBarbera, a Silicon Valley veteran, has played a significant role in developing operational efficiencies in numerous corporations. He previously served as president of Niku Corporation, an enterprise software company now part of Computer Associates that addresses client needs for CRM, portfolio management, resource and project management, and IT management and governance. In addition, LaBarbera served as senior vice president of the enterprise solutions division at Sybase, Inc., which was responsible for approximately $800 million of Sybase revenue. He also served in executive roles at Siemens Nixdorf/Pyramid, Octel Communications, Amdahl, Storage Technology Corporation and IBM. He received an MBA from Georgia State University.
“I’m excited to be at the helm of such a dynamic company, and am focused on creating value for Kintera’s clients, employees, shareholders and the community,” said LaBarbera. “Harry Gruber has established the technology foundation necessary to be successful in the nonprofit sector. I now look forward to leading the company to realize its potential and driving the business to profitability.”
Kintera will be announcing its normally scheduled fourth quarter and fiscal year 2006 financial results on Thursday, March 29, 2007 after market close.
About Kintera, Inc.
Kintera®, Inc. (Nasdaq:KNTA) provides an online solution to help nonprofit organizations deliver The Giving Experience™ to donors – including providing convenience, financial transparency, feedback about the social impact of their gifts, and a sense of belonging and appreciation.
More than 15,000 accounts in the nonprofit, government and corporate sectors use Kintera’s “software as a service” innovations, including the Friends Asking Friends® fundraising program and Kintera Sphere™, an enterprise-grade software platform that provides a secure, scalable and reliable system for social constituent relationship management (CRM), enabling organizations to drive all interactions based on comprehensive knowledge of constituents. Additionally, Kintera FundWare® provides award-winning financial management software developed for nonprofit organizations and governments.
For more information about Kintera’s software and services, visit www.kintera.com.
