TeamQuest CEO Jerred Ruble Announces Plans to Retire

    Clear Lake, Iowa, March 20, 2014

    TeamQuest, a global leader in IT Service Optimization, today announced that longtime CEO Jerred Ruble has communicated his intention to retire as chief executive officer. Ruble, who will remain on the board of directors after retiring, initiated a transition committee to search for his successor, which is now underway.

    As one of the original founders, Ruble led the engineering organization for 13 years before accepting the position of President and CEO in 2004. As CEO he has led the company through a successful span of growth, driving the company’s entry into new markets, as well as guiding the company's financing, acquisition and operational strategy. He leaves the company well-positioned for continued growth.

    “Jerred Ruble has been a strong, value-driven leader who has successfully guided the company through challenging times and industry transitions,” said TeamQuest board member Mark Halverson. “The board is grateful for his leadership and tireless contributions as CEO over that last nine years.”

    “Now is the right time for TeamQuest to begin the transition to new leadership,” said Ruble. “We are in the early stages of implementing several long-range initiatives and I look forward to helping choose and prepare our next leader. I’ve been privileged to lead one of the best software companies in the world. We started from humble beginnings and have always made decisions with one thought in mind - do what’s right. I’m proud of all we’ve accomplished, and we are ready for the next chapter.”

    TeamQuest remains one of the few successful, pure-play capacity management companies in the world, receiving high marks from customers and industry analysts. TeamQuest provides software and services to global companies and government agencies to help them plan, manage, and analyze IT services.


    About Teamquest Corporation

    TeamQuest is the global leader in IT Service Optimization, delivering automated, comprehensive and real-time performance analysis covering everything from apps to servers to storage. TeamQuest software enables organizations to accurately analyze, predict, manage and measure the performance of highly dynamic, multi-vendor environments. Enterprises around the world trust TeamQuest solutions to proactively improve latency, mitigate financial risk, and reduce cost. For more information, please visit www.teamquest.com.

    For more information, visit www.teamquest.com or call +1-641-357-2700. In Europe, Middle East and Africa, call +46-31 80 95 00, and in Asia Pacific call +852 2824 8510.