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Clearlake and TA-backed Tungsten appoints CEO

Tungsten Automation Corporation, a provider of AI-powered document and workflow automation solutions backed by Clearlake Capital Group, and TA Associates (TA), has promoted Peter Hantman to Chief Executive Officer.

Hantman has also been made a Member of the Board of Directors, while Robert Watson has been named Chief Financial Officer.

Hantman succeeds Reynolds C Bish, who will continue to serve the Board of Directors of the Company (the “Board”) in his newly appointed role as Executive Chairman of the Board.

Hantman joined the Company as President and Chief Operating Officer in November 2023 and assumed responsibility for sales, services, product management, strategy and marketing. Since then, he has driven growth while completing the transition to a SaaS recurring revenue model, and will now lead the Company going forward in his role as Chief Executive Officer, managing the executive management team while accelerating growth and innovation.

With over 30 years’ experience in technology companies, Mr. Hantman has a proven track record of success in scaling high growth enterprise SaaS companies while affecting business transformation. Prior to joining Tungsten Automation, he served as Chief Operating Officer of e2open, a publicly listed supply chain SaaS company where he led most go-to-market functions and earlier served as Chief Financial Officer over a 13 year span.

 

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