CARROLLTON, Texas, June 27, 2012 /PRNewswire/ -- RealPage, Inc. (NASDAQ: RP), a leading provider of on demand software and software-enabled services to the rental housing industry, today announced that the Board of Directors has appointed Charles ("Chuck") Kane as a member of the Board and designated him as a Class I director to stand for election at RealPage's 2014 annual meeting of stockholders. As a member of the Board, Mr. Kane will participate in RealPage's Independent Director Compensation Plan.
In addition, the Board appointed Mr. Kane as an additional member of each of the Board's Nominating and Governance Committee, Audit Committee and Compensation Committee.
Mr. Kane has more than 20 years of senior executive-level experience, which includes serving as Chief Financial Officer of Global BPO Services Corp., RSA Security, Aspen Technology and Informix Software, and President and Chief Executive Officer at Corechange. Mr. Kane has also held several executive roles, including president at "One Laptop Per Child" (OLPC), a non-profit organization founded at Massachusetts Institute of Technology that provides computing and internet access for students in the developing world. Mr. Kane is also currently an Adjunct Professor of International Finance at MIT's Sloan Graduate School of Management.Mr. Kane serves on the Boards of Directors of Demandware Inc.; Carbonite, Inc. and Progress Software Corp. Mr. Kane has also served on the Boards of Directors of Netezza Corporation (Acquired by IBM), Applix Software (Acquired by IBM) and Borland Software (Acquired by Micro Focus Corporation). "It's a real pleasure to join the RealPage board and be part of the transformation that is occurring in the rental housing industry through the many Software-as-a-Service offerings introduced by RealPage. They are in the early stages of adoption of much of their technology and I look forward to working with the executive management team to continue expanding the business," stated Mr. Kane.