Latest news with #KennethFox
Irish Post
3 days ago
- Business
- Irish Post
Channelscaler: Merger of Galway's Channel Mechanics and US firm Allbound to create 50 new jobs
THE MERGER of Galway company Chanel Mechanics and US firm Allbound is set to create 50 new jobs. The two Partner Relationship Management (PRM) companies have united to form Channelscaler, which will help B2B companies grow partner revenue faster and more profitably. The rebrand marks a significant milestone, combining the strengths and expertise of both companies and representing a shared vision for the future of partner programme execution. Galway-based Minister Hildegarde Naughton welcomed the company's announcement to create an additional 50 highly-skilled positions to support market demand for its platform. "Galway's reputation for a highly-trained and skilled workforce continues to attract significant investment, as evidenced by Channelscaler's job announcement today," she said. "Having witnessed the company's incredible journey and seeing their ambitious growth plans, I have no doubt they will continue to put Galway on the map as the global leader in channel automation software." Empowering companies Founded in 2010, Channel Mechanics designed and developed channelIT, a cloud-based channel enablement platform delivered as a low-cost SaaS (Software as a Service) model. Atlanta-based Allbound was founded in 2014 and helps support all the stages of partner selling with automated and assisted prospect communication, deal registration and pipeline management. As Channelscaler, the company aims to deliver measurable return on investment by simplifying partner operations, accelerating indirect revenue and reducing cost of channel sales. According to global technology market analyst firm Canalys, global trade reached an all-time high of $33tn in 2024, with indirect revenue accounting for greater than 70 per cent of all purchases. Recognising this immense and growing opportunity, Channelscaler is dedicated to empowering companies that sell to, through and with partners to take advantage of this opportunity. 'A statement of intent' "Today marks a significant milestone as we go to market under a unified brand uniting two incredible companies," said Kenneth Fox, CEO of Channelscaler. "This isn't just a name change, it's a statement of intent. 'We're combining intuitive partner engagement with enterprise-grade automation to deliver what channel leaders need most: the platform, data, and insights to scale partner revenue — with confidence and clarity." Anne Lanigan, Divisional Manager for Technology & Services at Enterprise Ireland, welcomed the expansion and rebrand announcement. "Channelscaler's success and growth in the space of channel sales highlights Ireland's position as an international hub for innovation," she said. "As part of our new five-year strategy, Enterprise Ireland's ambition is to accelerate sustainable Irish business with globally focused businesses like Channelscaler becoming the primary driver of the economy. "Enterprise Ireland looks forward to working with the team to continue to support their growth ambitions as they expand their customer base internationally whilst continuing to create jobs here in Galway." See More: Channelscaler, Galway
Yahoo
24-05-2025
- Business
- Yahoo
On Names Former H&M Chief to Board of Directors
On Holding has tapped the Helena Helmersson, former H&M Group chief executive officer, to serve on its board of directors. At its annual meeting in Switzerland on Thursday, the performance running brand elected Helmersson as an additional independent member on its board of directors. She will also serve on the nomination and compensation committee. More from WWD Apparel Seen as Major Growth Area for On Holding On Raises 2025 Guidance After Reporting Record Sales in Q1 Cos Expands North American Footprint Helmersson led H&M from 2020 to 2024. She began her career at the fast-fashion giant in 1997 as a business controller in the buying office and held a number of positions at the company over the years. From 2010 to 2014, she served as the head of sustainability, leading the company's environmental and social initiatives. And from 2015 to 2018, she was global head of production and from 2018 to 2020, served as chief operating officer. Helmersson also serves as a board member of the digital training company Quizrr and as a chairperson of Circulose, a textile recycling company. At the same time, Kenneth Fox, founder of Stripes LLC, a growth equity firm, who had served on the board since 2018 and was instrumental in helping the company navigate its initial public offering in 2021, retired from the board. David Allemann, cofounder and executive co-chairman of On, said: 'We are delighted to welcome Helena to On. Her exceptional track record in retail, operations and purpose-driven leadership will be a powerful asset as we continue our journey to be the premium global sportswear brand. We're convinced she will play a pivotal role in shaping On's next chapter of global growth.' Helmersson added: 'On's unique blend of innovation, performance and impact creates something truly special. I look forward to working with the board and the management team to help shape the future of this inspiring company as it grows to true scale.' Best of WWD All the Retailers That Nike Left and Then Went Back Mikey Madison's Elegant Red Carpet Shoe Style [PHOTOS] Julia Fox's Sleekest and Boldest Shoe Looks Over the Years [Photos] Sign in to access your portfolio
