Pure Red Appoints Retail Technology Veteran Umesh Sripad As Its First Chief Product Officer
May 31, 2023•about 2 years ago
Position
First Chief Product Officer
Company
PureRED
Description
Today, PureRED, a leading marketing, data, and technology partner, announced it has tapped Umesh Sripad as its first-ever Chief Product Officer. In this newly created role, Sripad will oversee PureRED's proprietary technology, PR1, and lead product innovation across PureRED's retail client base. Sripad will report directly to PureRED CEO Brian Cohen,","Sripad's appointment comes on the heels of PureRED's merger with digital creative agency Haddad & Partners and notable executive announcements, including the appointment of Jason Whiting as Chief Growth Officer and new additions to the company's board of directors.
Executive Insights
Based on hiring dataNew executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months