RALEIGH, N.C. -- May 12, 2009 -- rPath today announced that Michael Torto has been appointed chief executive officer (CEO), positioning the company for accelerated growth in solutions for automating deployment and maintenance of complex applications across traditional, virtual and cloud-based environments. This appointment continues positive momentum for rPath, which was recognized as a leader in the just-published report, "IDC MarketScape: Worldwide Software Appliance 2009 Vendor Analysis, [i]" by IDC analysts Brett Waldman and Al Gillen.
"Enterprises have demonstrated strong interest in rPath technology for addressing the growing cost and complexity of application delivery," said Tim Buckley, executive chairman of the board for rPath. "Mike has the ideal skill set and personal attributes to accelerate rPath's growth as we harvest our deep R&D and market development investments to build a scalable business to serve enterprise markets. We're very pleased to have Mike leading the next phase of our growth."
Torto takes the CEO position as rPath continues its campaign to reform application delivery and system management, which typically remain time- and cost-intensive manual processes. rPath dramatically reduces the time, cost and risk of enterprise application delivery by automating the packaging, deployment, and maintenance of applications as complete and self-contained systems that are ready to run and manage in any traditional, virtual or cloud-based environment.
"rPath has the ideal combination of team, technology and market timing to have a transformational impact on the markets it serves and to become a phenomenal success in its own right," said Torto. "It's not often that you see these factors line up as well as they do at rPath."
Prior to joining rPath, Torto served as president and CEO of Centive, a leader in incentive management software, where he led the company's growth and expansion into global markets and through its acquisition by Xactly Corp. earlier this year. Before joining Centive, Torto was president and CEO of InCert Software, successfully transitioning the company from a start-up to a leading software provider. Before InCert, Torto served as president and CEO at Swan International Inc., a provider of application delivery and self-healing software, which he led to a successful IPO on the European EASDAQ in April of 1999. Mike Torto's complete bio and headshot can be found at http://www.rpath.com/corp/about-us/management#torto.