Boston's business elite has been busy this past week. Catch up on who's going where below:
Adam Soroca, former chief product officer at mobile ad network Jumptap, will be starting his own venture. Jumptap was acquired by Millennial Media for $225 million in stock in August 2013, and, when that happened, Soroca stepped up to serve a similar role for the new parent company. One year later, however, and the Millennial Media CEO is admitting, "I'm not happy with where we are," and Soroca is another of several high profile employees to leave.
As noted by Streetwise Editor-in-Chief Galen Moore, Soroca's LinkedIn profile describes his next venture as a “stealth startup.” When asked for more, Soroca said, "Given the stage we're at, we're not ready to comment."
Skills assessment startup Smarterer is adding the skills of learning industry veteran Larry Israelite to its team. Israelite served as the former vice president of corporate learning and development for Liberty Mutual Insurance, and will be joining Smarterer's executive team as the senior vice president of learning and assessments. (More on that here.)
Energy audit software provider Retroficiency named Ed McGlynn as vice president of utility solutions. McGlynn is bringing with him more than 20 years of experience in the utility energy efficiency industry, and most recently served as the technical director of ICF International. Retroficiency Co-founder and CEO Bennett Fisher lauded McGlynn's experience in a statement, saying:
The demand for energy analytics has grown significantly in the past few years, as utilities and program administrators look for ways to ramp up their commercial-sector energy efficiency programs quickly and inexpensively. Retroficiency is right in the middle of that growth, and Ed’s proven track record and excellence in program design and implementation align perfectly with our mission of delivering the kind of game-changing analytics that can and will completely disrupt the economics of the utility industry for many years to come. We are thrilled to have him as a part of our team.
HourlyNerd has made its fourth big hire since January. The startup, which allows businesses to rent an MBA, announced Ari Sussman would be joining the team as the vice president of product development, after he spent seven years working at Vistaprint. Prior to hiring Sussman, HourlyNerd brought on: Brian Morgan, former founder of labor marketplace OpenMile, as its CTO; Dan Slagen, Nanigans former head of marketing, as its CMO; and Rich Gardner, a six-year veteran of the Gerson Lehrman Group, as its vice president of sales. The startup is now looking to hire more engineering and sales talent. Get to applying.
Mobile security leader Lookout will be opening a Technology Development Center in the Financial District. The news came fresh on the heels of the company banking a $150-million late-stage financing round and, in even better news, the expansion means Lookout wants to hire up to 50 people in engineering, sales and marketing over the next 12 to 18 months. (More on that here.)
GE Healthcare's life sciences division has deemed Marlborough the home of its new U.S. headquarters, according to the Boston Business Journal, and will be opening a 500-employee facility there next spring.
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