CORRECTING and REPLACING, beqom Appoints Lars Pedersen as CEO
January 13 2025 - 12:49PM
Business Wire
beqom, a global leader in compensation management, prepares for
its next chapter of growth under new leadership.
Please replace the release with the following corrected version
due to multiple revisions.
The updated release reads:
BEQOM APPOINTS LARS PEDERSEN AS CEO
beqom, a global leader in compensation management, prepares for
its next chapter of growth under new leadership.
beqom, a leader in compensation management software, is excited
to announce that Lars Pedersen has been appointed Chief Executive
Officer effective January 8th, 2025. This move marks a pivotal
moment for beqom as it prepares for substantial growth and
innovation in the coming years.
Fabio Ronga, co-founder of beqom, will take over the role of
Chairman of the Board at beqom and will hand over the day-to-day
operations to Lars Pedersen after guiding the company since its
inception in 2009. Under Ronga's leadership, beqom has grown into a
global enterprise, serving customers in over 160 countries and
becoming the recognized leader in compensation and pay equity
solutions for the world’s most renowned brands. It has delivered
innovative solutions that align fair and effective compensation
practices with organizational success. Through three strategic
acquisitions, including the most recent, which drove a 7x increase
in new customers in 2024, beqom has significantly expanded its
solution portfolio and global market presence. As a thought leader
in fair pay, HR transformation, and total rewards, beqom continues
to shape industry best practices and standards by driving
innovation and equity in enterprise compensation practices.
"It has been an incredible journey to build beqom from the
ground up, and I am deeply grateful to our employees, customers and
the entire ecosystem who have enabled us to build beqom into what
it is today," said Fabio Ronga. "After 16 years of steering the
company, it is time for me to hand over the operations to a new
CEO; I’m confident that Lars is the right leader to drive beqom
through its next phase of growth and innovation."
Lars brings a wealth of experience in scaling software
businesses and driving transformative growth across multiple
industry segments, combining deep technical expertise with
strategic leadership to successfully build high-performing teams
and foster innovation. His proven ability to lead organizations
through complex growth phases, coupled with his enterprise
management expertise and visionary approach, positions beqom to
solidify its leadership in compensation and pay equity solutions
while achieving its ambitious growth plans.
"I am excited to join beqom at such a pivotal time," said Lars.
"Fabio has laid a strong foundation, and I look forward to
collaborating with our talented team to enhance our offerings and
deliver even greater value to our customers."
Serving over 400 clients and empowering more than five million
employees worldwide, beqom continues to deliver advanced
compensation solutions and exceptional customer service. Looking
ahead, the company plans to unveil several innovative product
announcements to address the evolving needs of its global customer
base, further strengthening its position in the compensation
management industry.
With Lars at the helm, beqom remains dedicated to advancing its
mission of helping enterprises achieve fair and effective
compensation practices, inviting its customers, partners, and the
HR community to anticipate exciting developments in the year ahead.
“Fabio has built an incredible company—pioneering the compensation
management software space—and we are deeply grateful for his
partnership,” said Mark Haller and John Brennan, Managing Directors
at Sumeru Equity Partners and beqom board directors. “We are
excited for Lars to join beqom, collaborate with the team, and
further scale its innovation while staying true to beqom’s
mission.”
About beqom beqom is a purpose-built compensation
platform that intuitively gives employers the power to realize
compensation's full potential from end to end, every day. The
company's innovative software enables businesses to overcome
challenges by automating processes, ensuring transparency, and
promoting equity across organizations.
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version on businesswire.com: https://www.businesswire.com/news/home/20250113756636/en/
Lisa.Wuerden@beqom.com