VFA Appoints Rick Mongeau as Senior Vice President of Sales

February 8, 2011

Boston. February 8, 2011— VFA, Inc., the leading provider of end-to-end solutions for facilities capital planning and spend management, today announced that Rick Mongeau has joined its team as Senior Vice President of Sales. In his new role, Mongeau will help to create and execute VFA’s corporate sales strategy, translating the company’s organizational vision into operational excellence and growth.

 “Rick Mongeau enjoys a demonstrable record of achievement in leading organizations to high-growth market leadership,” said Jerry Kokos, CEO of VFA. “In his new position, Rick will lead the execution of our sales strategy—reaching out to organizations in the corporate, education, government and healthcare sectors to assist them in strategically managing their facility capital assets.”

 Most recently, Mongeau was Vice President, North American Sales, at SumTotal Systems, Inc., where he helped grow revenue from $10M to $130M. He has also held similar positions at Xevo Corporation and Webspective Software. Mongeau also served in various capacities at Axent Technologies, Uniface Corporation, Ingres Corporation, Cortex Corporation, and Digital Equipment Corporation. He graduated with a B.A. in Economics from Merrimack College, and served in the U.S. Army Reserve.

 Said Mongeau: “Despite tough economic times, VFA continued to achieve profitable growth and to generate new customers. I am thrilled to be joining such a thriving company—and look forward to scaling the business across multiple sectors and geographies to support VFA’s mission.”

 To connect with VFA, please follow us on Twitter at @VFAINC; or visit our blog, Foundations, which is aimed at providing information to readers that serves as a foundation for intelligent capital spending and facilities capital planning and management.

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