X1 Appoints Industry Leader Craig Carpenter as CEO
September 20 2018 - 8:00AM
X1, whose software locates, analyzes and takes action on data for
regulatory, eDiscovery and corporate compliance purposes, today
announced the appointment of Craig Carpenter as the company’s new
CEO. As part of a planned transition, Mr. Carpenter will
succeed Tom McGovern, who returns to his COO duties at Idealab now
that the company’s CEO search is complete.
“Craig has a stellar reputation in the industry as someone who
has helped Global 1000 corporations and their outside counsel
utilize technology to solve many of their biggest problems,” said
John Patzakis, Executive Chairman of X1. “The timing here is
perfect, as the challenge of finding, analyzing and acting on
relevant information within skyrocketing volumes of unstructured
data for regulatory, litigation and corporate compliance purposes
has become acute for global corporations and their outside
counsel. We are ecstatic to have such a widely respected
leader in charge of X1 and are confident Craig will help accelerate
the strong growth X1 is experiencing.”
Mr. Carpenter was most recently CEO of Fronteo (NASDAQ:FTEO), a
leading cross-border eDiscovery provider serving clients
globally. Before Fronteo he was SVP of Sales at Kroll Ontrack
until its acquisition by The Carlyle Group, prior to which Mr.
Carpenter was CMO and COO of AccessData, a leading forensics and
cybersecurity technology provider. Prior to AccessData, Mr.
Carpenter was VP of Marketing and Business Development and General
Counsel at Recommind (NASDAQ:OTEX), before which Mr. Carpenter ran
global channel and marketing teams at cybersecurity leaders
Fortinet (NASDAQ:FTNT). Mr. Carpenter began his career as a
practicing attorney at Ropers, Majeski, Kohn & Bentley in
Silicon Valley servicing multinational technology companies.
“I am grateful for the opportunity to lead a company with such a
strong team and as ideally positioned as X1,” stated Craig
Carpenter, X1 CEO. “X1 has been known as a fantastic desktop search
tool for 15 years, but this same technology also finds, monitors,
analyzes, collects and processes ESI for myriad use cases,
including regulatory compliance, litigation, internal
investigations, GDPR compliance and defensible data migration or
deletion to name just a few. X1 makes what is technically an
exceptionally difficult process incredibly simple and easy.
The sky is the limit for X1’s future.”
Relied upon daily by over 600,000 users in 20,000 organizations,
X1 technology allows enterprises to search across, monitor, analyze
and collect data from thousands of custodians in hours, including
laptops and desktops, file shares, cloud applications like Google’s
G Suite, social media and the “dark web”, with direct upload into
myriad review platforms, including Relativity and
RelativityOne. For more information about X1 solutions visit
http://www.x1.com.
About X1
X1 (www.x1.com) creates exceptional solutions for people and
organizations that need to find information, whether on individual
desktops, company networks or social media at the fastest speeds in
the industry. Powered by award winning and patented technology, X1
customers range from individual users, small businesses, law
enforcement, and federal agencies to Fortune 500 companies, where
we have implemented hundreds of thousands of licenses. Please
contact X1 at info@x1.com or visit http://www.x1.com for more
information.
Media Contact:Tod ColeX1(626)
229-3094tcole@x1.com
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