Portfolio News

New CFO for Catalyst portfolio company BrightFarms

The Shelby Report
BrightFarms Names Douglas CFO

BrightFarms, a U.S. produce supplier that created a national brand for local produce, has appointed Jen Douglas CFO. She will help BrightFarms continue to scale as a national platform for local produce in partnership with the country’s top supermarkets.

“Jen is a world-class business leader,” said BrightFarms CEO Paul Lightfoot. “My colleagues and I are looking forward to benefitting from her unique expertise and working with her as we continue to build this great company.”

Douglas most recently was the CFO of Scala Inc. where she managed the company’s functions of finance, operations, technology, facilities and human resources. Prior to Scala, she held a variety of executive leadership roles, spending most of her career at General Electric, where she was part of the corporate audit staff. She has earned her certification as a Six Sigma Master Black Belt and holds a bachelor’s of science degree in industrial engineering from Marquette University.

“BrightFarms’ unique ability to scale ‘local’ coupled with the partnerships it has formed with some of the biggest names in the supermarket industry is incredibly impressive,” said Douglas. “I am proud to be joining Paul and the dynamic BrightFarms team at such an exciting time for the business so that together, with our partners, we can provide millions of consumers year-round access to the freshest, healthiest and tastiest food possible.”

Portfolio News

Forbes names Catalyst-backed Xplornet one of Canada’s best employers

Forbes, in collaboration with online statistics provider Statista, surveyed 8,000 employees in Canada. Employees who were surveyed were consulted anonymously and asked to rate their willingness to recommend their own companies on a scale of 1 to 10. The survey identifies Canada’s top 300 employers across 25 industries. Catalyst portfolio company Xplornet was ranked as the best company to work for in Canada’s telecommunications sector, and the 25th best employer in Canada overall.

Portfolio News

Momentum continues for Catalyst-backed Jobvite

Jobvite, the industry leader in best-of-breed recruiting software, established Jobvite India in Bangalore and shared key indicators of business momentum. In Fiscal Year 2016, Jobvite achieved a record amount of bookings from both new customers and the expansion of current customer usage. The company experienced over 200% year-over-year growth in bookings among large enterprises. Jobvite was also named a leader in Forrester Research’s report, The Forrester Wave™: Talent Acquisition Vendors, Q3 2015, an independent research report often reviewed by large enterprises when considering talent acquisition software.

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