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Intacct CFO Named Exec of the Year in Cloud Computing

Most recently, Lidnen played a key role in securing $40 million in new financing from Silicon Valley Bank. The new financing expands on the backing of Intacct's existing investors, including Battery Ventures, Bessemer Venture Partners, Costanoa ...

May. 24, 2016

2016 Intacct logo hi res print 5733632ccf7d3

Intacct CFO Marc Linden has been honored as Executive of the Year in the Cloud Computing/SaaS category of the 2016 CEO World Awards. Intacct is a provider of cloud-based ERP and accounting systems.

In the last year, Intacct has experienced unprecedented growth—most notably by increasing overall headcount by 40 percent. Linden has been instrumental in leading that growth and putting in place the next level, multi-year view planning that is required now that the organization is getting significantly larger.

In his role as CFO, he also initiated and led the process of moving Intacct’s headquarters in San Jose to 300 Park Ave, which doubled the size of Intacct’s headquarters, and a partnership with American Express that also led to them investing in Intacct. The organization relies on Marc’s judgment regarding its present financial condition, as he helps decide how to invest Intacct’s financial resources.

Most recently, Lidnen played a key role in securing $40 million in new financing from Silicon Valley Bank. The new financing expands on the backing of Intacct’s existing investors, including Battery Ventures, Bessemer Venture Partners, Costanoa Venture Capital, Emergence Capital, Morgan Creek Capital Management, Sigma Partners, and Split Rock Partners.

“It is an honor to receive this award and I’m very grateful for the recognition,” Linden said. “I am incredibly fortunate to work with a fantastic, hard-working team at Intacct and much of this success is due to their drive and commitment to providing the very best services for our customers.”

“Marc is an integral part of Intacct’s financial future. He expertly identifies the areas of opportunity in the market for Intacct to increase growth and customer satisfaction,” said Robert Reid, CEO of Intacct. “I am extremely grateful for Marc’s excellent leadership skills and enabling our customers to achieve phenomenal success year after year.”

Marc (@Intacct_Marc) was also recently named CFO of the Year by the Silicon Valley Business Journal; this recognition continues a string of accolades for Intacct executives, including:

Winners of the 2016 CEO World Awards will be honored in San Francisco on Monday, June 27, 2016 during the annual SVUS Red Carpet Awards Ceremony Dinner.