News
September 15, 2015Assess Systems and Chequed.com Announce the Appointment of Gary Ito as Chief Financial Officer
Assess Systems, a leading provider of comprehensive employment assessments, and Chequed.com, a leading provider of cloud-based Predictive Talent Selection™ technology, today announced the appointment of Gary Ito as Chief Financial Officer of the newly combined Human Capital Management (HCM) software and services firm. Ito brings more than 30 years of experience in developing, structuring and implementing innovative financial and business strategies for both publicly traded and privately held companies worldwide.
Ito was most recently CFO for Allegro Development Corporation, a Dallas-based global leader in energy trading and risk management software solutions, where he oversaw record financial performance in 2014: a 23 percent increase in revenue and more than 30 percent EBITDA year-over-year increase compared to 2013. He previously served as CFO for INTTRA, the world’s largest multi-carrier network for the ocean shipping industry; at Ariba, the world’s business commerce network combining industry-leading cloud-based applications with the world’s largest Internet-based trading community; and CFO of Quadrem, a global and growth-focused B2B e-commerce company.
Prior to that, Ito spent nearly 18 years with Nortel, a global supplier of end-to-end networking products and solutions for both service providers and enterprise customers, where he served in leadership roles in finance, business planning, and product line management at corporate headquarters and in operating divisions in the US, Canada and Japan.
“The vast experience and recognized leadership that Gary Ito adds to our talented executive team will be invaluable as we ramp up operations of the new company,” said Greg Moran, CEO of the combined Assess Systems and Chequed.com operation. “His strong financial acumen and demonstrated expertise with technology-driven organizations and systems will play a critical role in accelerating the integration of Assess Systems and Chequed.com as a cohesive and effective platform to serve our clients around the world.”
Ito earned a bachelor’s degree in Engineering at the University of Toronto and an MBA in Finance from Queen’s University in Kingston, Ontario. He also holds the designation of Chartered Professional Accountant, Certified Management Accountant (Ontario, Canada).
“I am thrilled to join the experienced and accomplished executive team that is guiding the newly formed company through an exciting integration,” said Ito. “I look forward to helping lead the growth of the combined Assess Systems and Chequed.com business, and to supporting our mission of delivering exceptional value to meet the needs of our customers.”
The combination of Assess Systems and Chequed.com, announced August 19, establishes a single cloud-based suite of talent management solutions to help source, screen, evaluate, and reference candidates, enhance employee development, and measure an employee’s impact on the job. Delivered on desktops and mobile devices and integrated with the major HR systems, the company’s solutions predict the success of candidates and employees from hourly to executive roles across industries.
The combined company is well positioned for growth in the global HR analytics and assessment market, which exceeds $5 billion annually and is growing by more than 10 percent per year.
