Two outstanding executives are leaving tax automation startup Avalara subsequent yr, whereas a well-recognized face will return to steer the engineering crew within the interim.
GeekWire obtained a memo to staff saying the departure of Peter Horadan, government vp of engineering and chief know-how officer, and Matt Tormollen, government vp of analysis and improvement. Within the memo, CEO Scott McFarlane wrote that it has determined to centralize improvement and engineering underneath one chief, and as a outcome, Horadan and Tormollen might be leaving the corporate.
Kevin Riegelsberger has returned to Avalara as interim head of engineering and improvement. Riegelsberger spent six years at Avalara, the place he served as president, head of operations and head of the strategic initiatives group for six years earlier than retiring final yr. He’ll lead the seek for a everlasting engineering chief.
“Regardless of his official retirement, Kevin has remained concerned within the firm, serving as a advisor on a number of actions,” McFarlane wrote. “His understanding of Avalara, our trade, and the internal workings of our technical groups might be invaluable in main us by this variation. Along with main the crew, Kevin will assist lead the search course of for an Engineering government with expertise managing technical groups that drive product innovation, integration, and reliability.”
Avalara representatives confirmed the memo however declined to remark additional, and makes an attempt to achieve Horadan and Tormollen had been unsuccessful.
Horadan will depart the corporate Jan. 31, whereas Tormollen will keep on by the primary quarter of subsequent yr to assist with the transition course of, in keeping with the memo.
Horadan has been with Avalara since 2013. He has hung out at a number of the area’s prime tech firms, together with a job as senior director of analysis and improvement at expense administration firm Concur and eight years at Microsoft.
Tormollen has been with Avalara for near 4 years and is predicated out of the Durham, N.C., workplace. He has greater than 30 years of executive-level expertise at a number of startups centered totally on the power trade.
Avalara is among the area’s prime startups, ranked quantity two within the GeekWire 200, and is a frequently mentioned IPO candidate. Final yr, the tax automation startup landed a $96 million funding round for progress and acquisitions and to purchase again shares from earlier buyers.
Avalara employs greater than 1,400 folks worldwide. It has been steadily including to its leadership crew, bringing in five new executives this yr alone. Avalara automates the method of gross sales tax assortment for retailers throughout totally different jurisdictions. Avalara tracks tax charges in additional than 12,000 jurisdictions and helps greater than 100 nations.
Subsequent yr, the corporate will transfer into a brand new headquarters, close to CenturyLink Area in Seattle. The constructing, where Avalara leased 100,000 square feet final yr with an choice for extra, may have the corporate’s emblem displayed and be known as “Avalara Hawk Tower.”
Right here is the total letter from Avalara CEO Scott MacFarlane to staff:
At the moment we’re saying a major change in our group that features two leadership departures. Avalara is working to construct the world’s finest SaaS platform, and we now have made an excessive amount of progress in 2017. Nonetheless, as we sit up for driving much more enchancment and effectivity in 2018 and past, it’s vital that we now have the proper group in place. With that in thoughts, we now have determined to return to a unified improvement and engineering construction reporting as much as a single chief. Consequently, each Peter Horadan, EVP Engineering and CTO, and Matt Tormollen EVP, Analysis and Growth, might be leaving the corporate. Peter might be leaving as of January 31 and Matt will keep on by Q1 of 2018 to help with transition actions. We respect the contributions that Matt and Peter have made throughout their time at Avalara to the enterprise and to furthering our engineering efforts. We’ll start a right away seek for a brand new government to steer all of our engineering, improvement, and content material groups.
Efficient instantly, Kevin Riegelsberger is returning to Avalara as interim head of Engineering and Growth. As most of you recognize, Kevin has an extended historical past with Avalara, having served as President, head of operations, and head of our strategic initiatives group for greater than six years till his retirement in 2016. Throughout a lot of that point, Kevin had accountability for the Engineering and Growth organizations. Regardless of his official retirement, Kevin has remained concerned within the firm, serving as a advisor on a number of actions. His understanding of Avalara, our trade, and the internal workings of our technical groups might be invaluable in main us by this variation. Along with main the crew, Kevin will assist lead the search course of for an Engineering government with expertise managing technical groups that drive product innovation, integration, and reliability. We sit up for having Kevin again with us for the subsequent few months.
Please be part of me in thanking each Matt and Peter for his or her service to Avalara. We want them nicely sooner or later.
Editor’s Be aware: The spelling of Scott McFarlane’s identify has been corrected since publication.