ANNOUNCEMENT

Odessa appoints Eric Bernstein as CEO; Co-Founders Madhu Natarajan and Jay Mehra to Executive roles on the Board of Directors

April 19, 2023

Philadelphia, PA – Odessa, the global leader in asset finance software, today announced that co-founder and Chief Executive Officer, Madhu Natarajan will transition to a newly created role of Executive Chairman, and experienced software leader Eric Bernstein will become Chief Executive Officer effective May 1, 2023.

Bernstein is joining Odessa from EquityZen, where he served as Chief Operating Officer and oversaw EquityZen’s strategy and delivery of its solutions. Prior to EquityZen, Bernstein served in various senior leadership roles at Broadridge Asset Management Solutions, eFront, Sophis, and LineData.

To further support Odessa’s growth momentum, co-founder and Chief Technology Officer, Jay Mehra, will also transition from his current role and become Vice-Chairman effective May 1, 2023. Stepping into the role of Chief Technology Officer is Roopa Jayaraman, Odessa’s current Managing Director in India and a key part of company programs and leaderships for nearly a decade. The company is also promoting Sumit Maheshwari to the role of Chief Financial Officer from his current position of Senior Vice President of Finance.

“Jay and I are excited to shift our focus to strategic opportunities that will enable long-term growth and maximize the value we bring to our customers. Building Odessa into a customer-centric, market leader with such a genuinely talented and driven team has been an incredible experience,” said Natarajan. “In our new roles, we look forward to working closely with the leadership team to capitalize on the many opportunities ahead and contribute to our robust trajectory.”

With customers running Odessa solutions in more than 55 countries and a track-record of successful system implementations for enterprise – and any size – businesses, Odessa has built a strong presence as a global leader in asset finance. Odessa has differentiated itself through continuous investment in technology, a dynamic roadmap and global scale, all centered around a customer-first mindset .

“In our next chapter, we are focused on delivering extensible, industry-disrupting solutions to help companies meet their changing needs. Eric is a great leader for this continued effort. He is a tested expert who deeply understands enterprise software and differentiating customer experience,” said Mehra. “With a strong c-suite in place, the company is ready to scale further, and drive more value for customers, while continuing to do what the company does best – building beyond limits.”

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