Fourth Enterprises, LLC, parent company of HotSchedules and Fourth, a leading provider of workforce, inventory and operations management solutions to the global restaurant and hospitality industry, today announced the appointment of Clinton Anderson as its new Chief Executive Officer.
Clinton has a proven track record of innovation and success within the hospitality industry, most recently as President of the Hospitality Solutions business at Sabre, a global public company with over $4 billion in sales. Clinton joined Sabre in 2014, and has served in multiple roles from corporate strategy to managing the Traveler Experience business, to his most recent role leading Sabre Hospitality Solutions providing reservation and operations software to 40,000 hotels in over 160 countries. Previously, Clinton spent nearly 20 years at Bain & Company where he developed growth, operations and M&A strategy for clients across the United States and Europe.
“While stepping away from a company and customer base that I have grown and been passionate about for over 20 years is never easy, one of the key aspects of a good leader is to know the right time to transition. Clinton is the right person to lead the organization into the future, given his strong experience and proven ability to drive results at scale,” says Ben Hood, founding CEO of Fourth. “The future is bright for this organization and I will be cheering for its continued success.”
Doug Bayerd, principal at Marlin Equity Partners, says, “Clinton has a breadth of business experience and strategic vision to lead the organization in the next stage of its growth. This includes a commitment to our people and core values, and a focus on delivering value to both the customer and the end users. On behalf of the board, we look forward to working closely with Clinton as Chief Executive Officer.”
“At the same time, we thank Ben for all he has done and wish him well. He has been an exemplary leader during this critical time of transition and of Fourth for over 20 years. We are grateful for his leadership as we brought these businesses together to create a global champion in the restaurant and hospitality software industry.”
“I am truly honored to lead as Fourth Enterprises’ CEO,” says Anderson. “I look forward to working closely with our exceptional senior leadership team and all employees as we continue to create and sell products that improve the lives of millions of users. Fourth and HotSchedules have an incredibly talented team that shares a common passion for delivering results for our customers. Together, we will drive innovation and growth by remaining focused on providing our customers with the solutions they need to be successful and providing exceptional experiences for our people.”
In conjunction with this announcement, Fourth Enterprises is also pleased to announce John Whitmarsh as Chief Financial Officer. As CFO, Whitmarsh brings over two decades of financial management expertise to the executive team, having played a pivotal role in growing multiple private equity-backed SaaS and technology companies.
Prior to joining the team, Whitmarsh served as the CFO of Vyze, which was recently acquired by MasterCard. Previously, Whitmarsh was the CFO for Zenoss Inc., a provider of unified IT monitoring and management solutions for physical, virtual and cloud-based IT infrastructures. He also held CFO roles at Century Payments (Worldpay), Misys Transactions Services (Allscripts), Digital Motorworks (ADP) and MessageOne (Dell), where he was named 2009 Best CFO for private companies by the Austin Business Journal. He graduated from The University of Texas at Austin.
“HotSchedules and Fourth have long served as technology leaders in the restaurant and hospitality industries and I am ecstatic to join the team as it embarks on its next stage of growth,” adds Whitmarsh.
News and information presented in this release has not been corroborated by FSR, Food News Media, or Journalistic, Inc.