Coupa Software Welcomes Scott Thompson To its Board of Directors
Thompson Joins Board of Directors Dedicated to Driving Innovation and Customer Success in the Spend Optimization Industry
SAN MATEO, Calif. – April 2, 2013 – Coupa Software, the leader of cloud-based spend optimization solutions, today announced that it has expanded its board of directors team to include businessman Scott Thompson. Thompson joins Coupa’s visionary group of thinkers who work to guide the company to break new ground in spend optimization.
Thompson brings extensive industry experience to Coupa. As the current CEO of ShopRunner, Thompson is leading his team to bring together a powerful network of retailers to deliver unparalleled shopping services to its members. Prior to joining ShopRunner, Thompson served as the CEO of Yahoo, the president of PayPal and the executive vice president of technology solutions for Innovant, LLC, a subsidiary of Visa, Inc. In addition, Thompson was recognized with the prestigious 2011 Ernst & Young Entrepreneur of the Year Award in the financial services category in the Northern California region.
“Scott Thompson is an exceptional business leader, and we know he will be a huge asset to our board of directors team,” said Rob Bernshteyn, CEO of Coupa. “Scott has a wealth of knowledge that he’s gained through his executive roles, and he is also very well-connected – particularly in the retail industry – which is a key vertical market for us. In addition, he shares our vision of working relentlessly to make customers successful.”
“Coupa has created a repeatable recipe for success that has secured the business of hundreds of brand-name customers, and I’m very excited to be a part of the company’s board of directors,” said Scott Thompson. “I can see that Coupa is uniquely positioned to serve the market with its cloud-based spend optimization solutions, and I look forward to helping the company continue to deliver on its vision for customer success.”
About Coupa Software
Founded in 2006, Coupa Software is the leading provider of cloud-based spend optimization software. More than 300 customers in 40 countries use the Coupa suite of cloud applications to amplify their spend power and reduce spending costs up to 11 percent. Only Coupa provides a true suite of cloud applications that enables customers to launch the solution immediately and quickly realize significant savings. Learn more at: coupa.com or call 650.931.3200. Read more on the Coupa Blog, or follow @Coupa on Twitter.