Market Overview

ZoomInfo Appoints Derek Schoettle as Its CEO


Information, Inc.
[ZoomInfo], the leading growth acceleration
platform, today announced that it has appointed Derek Schoettle as its
CEO and to its Board of Directors. Mr. Schoettle assumed the role on
July 10, 2018.

This press release features multimedia. View the full release here:

Derek Schoettle, ZoomInfo CEO (Photo: Business Wire)

Derek Schoettle, ZoomInfo CEO (Photo: Business Wire)

"Derek is an outstanding executive carefully selected to be ZoomInfo's
next leader to expand the company's product set and to accelerate
ZoomInfo's already impressive revenue growth," Christopher Gaffney,
managing director, Great Hill Partners, said. "When Great Hill Partners
acquired ZoomInfo last year, we did so in partnership with ZoomInfo's
founder and CEO, Yonatan Stern, planning to recruit an enterprise-class
successor CEO who has navigated these paths before. Derek's extensive
background leading both high growth technology organizations and large
scale, complex platform businesses cemented for us that he is the right
person for this role."

Mr. Schoettle joins ZoomInfo after a successful four-year stint at IBM,
where most recently he was the Chief Business Officer and General
Manager of the Watson and Cloud Platform business. Mr. Schoettle was
previously CEO of Cloudant, a Database-as-a-Service provider, and led
that company through an acquisition by IBM. He has also held executive
roles with Vertica Systems, acquired by HP, and Infocrossing and
Intellireach, both acquired by Wipro.

"I've spent the last 10 years of my career at the intersection of data
analytics and artificial intelligence and I'm thrilled to be able to
work on the industry's best platform for business data," Mr. Schoettle
said. "ZoomInfo is one of the best kept secrets in the Boston tech
market. The company has 8,000 clients, has experienced a staggering 250
percent increase in revenue over the last four years, and is growing at
50 percent quarter-over-quarter. This growth is just the beginning as
the company evolves from a sales and marketing performance management
product to an intelligent, dynamic customer engagement platform that
gives companies a deep understanding of its customers and prospects."

Mr. Schoettle succeeds Yonatan Stern, who was also the company's founder
and chief scientist. As part of the terms of ZoomInfo's sale to Great
Hill Partners in August 2017, Mr. Stern planned his departure from the
company in June 2018 in order to pursue other interests in his home
country of Israel. Mr. Stern, who founded the company in 2000, will
remain on its Board of Directors.

"Yonatan has been ZoomInfo's CEO from its founding and he's done an
amazing job establishing the company as the definitive leader in the
account and contact database market," Gaffney said. "We thank him for
his vision and the effort required to build the company from a start-up.
He will continue to play an active role in the future direction of
ZoomInfo and we wish him well with future endeavors."

About ZoomInfo

Accelerate your growth with Zoom Information, Inc. (ZoomInfo), an Inc.
5000 company. ZoomInfo's Growth Acceleration Platform combines the
world's most comprehensive and searchable account
and contact database
with integrated tools to help companies
optimize sales and marketing effectiveness, jump-start growth, and
maximize profitability. The continuously updated B2B contact database
gives businesses access to direct-dial phone numbers, email addresses,
and professional background information. For more information, visit,
check out our data dashboard, or call 866-904-9666.

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