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Innotas Taps Keith Carlson as President and CEO
Published September 18, 2006.

Innotas, a provider of on-demand project portfolio management technology designed to meet the needs of mid-sized organizations, announced that its board of directors has named Keith Carlson to serve as the company's President and Chief Executive Officer.

Carlson is a seasoned executive with a strong track record for building high-growth, high-value businesses in the technology and consulting sectors. Under Carlson's leadership at Traiana, an enterprise software company focused on automating the buy and sell side of complex trading relationships, Carlson architected a turnaround of the company's services organization, putting it and the company on a path to profitability, Innotas noted.

Prior to Traiana, Carlson served as Vice President of Customer Value and Alliances for Kintana, an IT governance software company acquired by Mercury Interactive.

"As we transitioned the company towards growth, we were looking for a CEO who understood both PPM and the on-demand software model," said Founder and CTO Demian Entrekin. "Keith was our top choice because of his knowledge of the market, his strong execution skills, his proven ability to drive strategy for significant growth, and his track record in leading technology companies. His success in helping to drive eight straight quarters of profitable revenue growth for Kintana during a deflated economy, culminating in selling the company to Mercury Interactive, underscores these strengths."

Carlson is also a member of the Innotas Board of Directors, the company noted in a release.