Today we’re excited to announce the addition of Bruce Felt, Chief Financial Officer of Domo, to Personal Capital’s Board of Directors as the chair of our Audit Committee.
Bruce brings financial and administrative leadership with his rich history in nurturing fast-growing firms like Personal Capital. We’re excited to tap into his experience in building out the financial infrastructure of high-tech, fast-growth companies as we ready Personal Capital for public market scale.
Bruce currently serves as CFO of DOMO, one of the fastest growing SaaS companies in the country. Previously, he was the CFO of Success Factors, where he guided the company through six acquisitions, a public offering and the sale of the business to SAP. He has served as CFO for LANDesk Software, Auction.com as well as Qualix Group, where he led its public offering and merger into Legato Systems, which was later acquired by EMC. He also founded and served as CFO and head of sales for Renaissance Software.
“When I was first introduced to Personal Capital, it was clear that the model had the potential to become a multi-billion dollar business. Personal Capital serves a need not covered by the robos or traditional wirehouses, by providing access to truly personalized financial advice through the combination of technology and unbiased financial advisors.”- Bruce Felt
We have added multiple high-powered members to our Board of Directors and Advisory Board within the last year, and we’re growing rapidly here at Personal Capital. Having just reached $5 billion assets under management and raised an additional $40 million for Series E in August, I speak for the entire Personal Capital team in saying that we are excited to welcome Bruce as we power our next phase of hyper-growth. With a growing team, we will be able to improve the financial lives, and retirement plans, for even more American families.
Welcome to the Board of Directors, Bruce!
Read the full press release here.