Matt Mills CEO, MapR Technologies

MapR Technologies, Inc. appointmed of Matt Mills, previously president and COO, as CEO and board member.

Company founder and previous CEO John Schroeder will assume the role of executive chairman. He will remain involved fulltime with the company, continuing to partner with Mills while focusing on product vision and strategy, investor relations, and industry and customer relationships.

Both executives assume their new roles immediately.

This change is an evolution for the company, capitalizing on existing MapR leadership and positioning the company for further success. As the product visionary, Schroeder saw the market opportunity, and differentiated MapR from the competition through years of engineering innovation and its enterprise software business model. Mills and Schroeder bring complementary skill sets, mutual respect for each other, and have already proven to be a successful leadership team; the company has posted four consecutive quarters of record growth under their shared guidance.

“It was very important for us to bring on a leader who shares the MapR vision for creating the next big platform for business, while maintaining our goal of building a company that will last,” said Schroeder. “We found that leader in Matt. We share the same values and developed an incredible partnership. I look forward to continuing it in our new roles.”

Mills is a seasoned industry veteran who brings a track record for leading high-growth organizations. He joined MapR after 20 years at Oracle, most recently leading the NA business while serving on the company’s executive committee.

“I am honored that John and the Board have entrusted me with this incredible opportunity. MapR delivers the one technology platform that companies can rely on to bridge legacy systems with next generation applications, enabling real business transformation,” said Mills. “MapR is bringing an end to the compromises companies have traditionally made with technology, by delivering the most advanced solutions at a lower cost. With industry leading solutions and a differentiated, proven business model, MapR is well placed for continued growth.“

MapR has built a business based on software licensing that is growing at 100% annually. The company’s products have become the technology backbone for large companies including brands like American Express, Cisco, Ericsson, and Samsung.