NEW YORK - Nov. 20, 2019 - CXO Nexus announced that longtime SAP executive John Lark has joined CXO Nexus as President and COO. Lark brings a vast set of expertise and market knowledge to his role at CXO Nexus, including business and technical leadership, SaaS and Cloud innovation, go to market leadership, API development, and partner engagement.

Lark was formerly Global Vice President of ISV Business Development at SAP Ariba, creating a team and strategy that grew the business by more than 300% in a year. Lark's efforts in operations led to an innovative profit strategy and scalability that became a model across the corporation. Prior to that, Lark was responsible for creating and launching a startup inside of SAP that melded cloud solutions with partner ecosystems and expertise, API's, and data exchanges to deliver innovation and global capabilities ranging from core enterprise fundamentals to analytics, machine learning and Artificial Intelligence (AI).

Lark has held numerous titles during his tenure at SAP and Ariba, including co-lead, along with the CTO, of Ariba's Open Ecosystem internal start-up group, which was tasked with opening the company's business network. Lark influenced the architecture and product for market placement, pricing, messaging, global partners, business development, media and analyst evangelism. Lark co-invented and co-holds a patent for API-based flow extension technology.

"John has been instrumental in forging the CXO Nexus' partnership with the SAP Business Network. John's deep knowledge of the market, emerging technology, and his exceptional leadership track record makes him an outstanding choice as our President and COO. We are proud of the team we're building and with John in this critical role, we are preparing for rapid acceleration in growth," says CEO Ken Male.

About CXO Nexus
CXO Nexus, named a Top 10 AI Platform by CFO Tech Outlook in February 2019, applies AI and Machine Learning to the daunting tasks of classifying, standardizing, and normalizing vendor spend data. As an agnostic overlay to all Financial Systems, organizations can now control costs more effectively, manage their vendor relationships, and leverage a platform designed to enable collaboration across the business. CXO Nexus is an Extension Partner with the SAP Business Network and available on the SAP App Center. CEO Ken Male was recently on a panel moderated by Laura Noonan, US Banking Editor, Financial Times, discussing "The role of the CFO in owning data" at the Financial Times CFO Dialogues USA in NYC.

Contact
Shelley Alger