Raleigh, NC (January 21, 2013) - Sageworks, a financial information company and the developer of ProfitCents and Sageworks Analyst, announced today that Juan Sistachs has been promoted to the position of president. Juan has been with Sageworks since 2010 and has most recently served as vice president in the company’s financial institutions division. As president of Sageworks, Juan will be responsible for overseeing sales and services in both of the company’s key vertical markets – financial institutions and accounting firms – as well as the evaluation of new market opportunities.
Sageworks’ CEO, Scott Ogle noted, “Juan has been a vital leader at Sageworks. Since joining, he has made an immediate and significant impact on the company’s growth. His talent and vision are truly rare – combine that with his understanding of our markets and he has become a critical member of the management team. I have no doubt that Sageworks will continue to flourish as he takes on this expanded role.”
Prior to joining Sageworks, Juan founded and served as CEO of Backroom Enterprises, Inc. (BEI), a technology and consulting firm that provided fraud prevention solutions to the banking industry. Through BEI, Juan developed the first check fraud prevention program of its kind, which detected millions of dollars in fraudulent checks for top financial institutions. BEI was sold to Carreker. BEI's signature product is still widely used by financial institutions across the country and abroad.
Juan received his bachelor's degree from Florida Atlantic University. He is a recipient of the "Who's Who in Finance and Industry" award and currently resides in Chapel Hill with his wife and 5 children.
About Sageworks, Inc.
Raleigh, NC-based Sageworks is a financial information company that provides financial data, financial analysis and risk management applications to financial institutions, accounting firms and corporations internationally. The company has been named to the Inc. 500 list of the fastest-growing privately held companies in the U.S.