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riskmethods Names Patrik Heider Chief Executive Officer

November 5, 2019

MUNICH & BOSTON--(BUSINESS WIRE)--Nov 5, 2019--

riskmethods, a global leader in supply chain risk management, has announced the hiring of Patrik Heider as the company’s first Chief Executive Officer, joining riskmethods in January 2020. As CEO, Heider will oversee the company’s business operations, with a strategic focus on driving sustainable global growth, increasing market leadership and fostering operational excellence across the organization. Heider currently serves as Spokesman of the Executive Board and CFOO at the Nemetschek Group, one of the largest architecture, engineering and construction software companies in the world.

“Our mission is to empower companies to master supply risks and create reliable supply networks,” said Heiko Schwarz, founder and managing director of riskmethods. “The addition of Patrik enables us to better scale our global business and empower more customers to protect their reputations and profits.”

Today, Heider leads the Nemetschek Group, a pioneer for digital transformation in the architecture, engineering and construction (AEC) industry, with 16 brands, 5 million customers worldwide and over 2,500 employees. During Heider’s tenure at Nemetschek, market capitalization grew to more than €6.5 bn, and the company experienced strong growth in several key markets, including the United States, where annual revenue grew by nearly 50% per year.

“Patrik will play a key role in establishing riskmethods as the undisputed global leader for supply chain risk management,” said Rolf Zimmer, founder and managing director of riskmethods. “His addition represents a significant investment in our team and affirms our commitment to employees, customers and investors.”

riskmethods continues to experience rapid growth and customer adoption of its AI-powered supply chain risk management solution, which enables organizations to automate risk detection, analyze potential supply chain impact and mitigate potential risk. Today, riskmethods customers monitor over 300,000 sites and hubs, protecting nearly $1 trillion in revenue.

“Supply chain risk management is critical for business survival and growth, especially in today’s highly-connected and unpredictable economy. riskmethods brings a differentiated, data- and technology-driven approach to supply chain risk that offers tremendous value and competitive advantage,” said Patrik Heider. “riskmethods holds a strong leadership position in a fast-growing market. I’m thrilled to join the team and look forward to helping establish riskmethods as the clear category leader and serving as a trusted partner for companies looking to master supply risk.”

Founders Rolf Zimmer and Heiko Schwarz will remain in their roles as managing directors. Schwarz will continue to strengthen riskmethods’ go-to-market strategy and Zimmer will lead product strategy and development.

For more information about riskmethods, visit www.riskmethods.net.

About riskmethods

riskmethods empowers businesses to identify, assess and mitigate supply chain risk. By using artificial intelligence, we help customers automate and accelerate threat detection, enabling them to gain competitive advantage with a well-managed approach to meeting customer demands, protecting reputation and reducing total cost of risk. To learn more about why riskmethods is the intelligent way to manage risk, visit www.riskmethods.net or connect with us on LinkedIn.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191105005171/en/

CONTACT: Corporate Ink for riskmethods

Emma Willis

riskmethods@corporateink.com

+1-617-969-9192

KEYWORD: MASSACHUSETTS NORTH AMERICA UNITED STATES UNITED KINGDOM EUROPE GERMANY

INDUSTRY KEYWORD: SUPPLY CHAIN MANAGEMENT DATA MANAGEMENT RETAIL SECURITY TECHNOLOGY OTHER TECHNOLOGY SOFTWARE

SOURCE: riskmethods

Copyright Business Wire 2019.

PUB: 11/05/2019 09:00 AM/DISC: 11/05/2019 09:01 AM

http://www.businesswire.com/news/home/20191105005171/en