This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

ServiceSource Appoints Bart Schachter As Senior Vice President Of Corporate Business Development

ServiceSource® (NASDAQ:SREV), the global leader in recurring revenue management, today announced a significant addition to its senior leadership team with the appointment of Bart Schachter as senior vice president of corporate business development.

In this newly created role, Schachter will be responsible for driving ServiceSource’s corporate growth strategy, investments and acquisitions as the company expands its market presence as a leading provider of recurring revenue management solutions. He will also be responsible for communicating the company’s strategy to the investment community as the head of investor relations.

“I’m pleased to welcome Bart to SeviceSource,” said Mike Smerklo, Chairman and CEO of ServiceSource. “Bart brings a unique strategic vision and over two decades of corporate development and venture investment experience working with high-performing technology companies. As ServiceSource enters its next phase of growth, Bart will be instrumental in augmenting our organic activities by tapping into the vast opportunities created by the new Recurring Revenue Economy.”

Prior to joining ServiceSource, Schachter was vice president of corporate business development at National Semiconductor until its sale to Texas Instruments. Earlier, he was a founder and managing director of Blueprint Ventures, where he led strategy and investments in corporate IP spin-offs in the enterprise and data segments, and also managed institutional investor relations. He also spent eight years at Intel during the company’s period of highest growth, where he led several enterprise product groups and later spearheaded Intel Capital’s earliest investments and acquisitions.

“It’s always exciting to join a market-leading company with great employees, an exceptional product portfolio, and a blue-chip roster of customers,” said Schachter. “I look forward to building upon this strong foundation to guide ServiceSource’s strategic and corporate development efforts.”

About ServiceSource

ServiceSource International, Inc. (NASDAQ:SREV) is the global leader in recurring revenue management. Renew OnDemand™, the only cloud application built specifically to grow recurring revenue, automates a highly valuable but typically manual business process. By leveraging big data to give companies a complete view of their customers, Renew OnDemand and our proven services drive higher subscription, maintenance, and support revenue, improved customer retention, and increased business predictability.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,131.97 +100.83 0.59%
S&P 500 1,998.98 +14.85 0.75%
NASDAQ 4,552.7590 +33.8570 0.75%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs