Formstack Appoints New CEO to Lead Next Phase of Growth

Formstack, a leading software-as-a-service (SaaS) company backed by PSG and Silversmith, has announced the appointment of Aled Miles as its new Chief Executive Officer. Miles, a former executive at Sauce Labs and Symantec, will be responsible for driving the company forward in its next stage of growth.

With a strong background in technology and leadership, Aled Miles is well-equipped to lead Formstack into a new era of success. During his tenure at Sauce Labs, he played a key role in guiding the company through significant growth and securing additional investments. He also led TeleSign to a successful acquisition, cementing its position as a leader in the industry.

Miles' extensive experience in the technology sector, including his time at Symantec, where he oversaw the global Norton software business, makes him a valuable addition to the Formstack team. His track record of driving growth and successfully navigating acquisitions positions him well to guide Formstack through its next phase of development.

In his new role as CEO, Aled Miles is excited about the opportunity to lead a purpose-driven company that focuses on automating repetitive work and providing easy-to-use solutions. He recognizes the importance of digitization in saving time and money for individuals and enterprises, and is committed to unlocking the next chapter of growth for Formstack.

Formstack's appointment of Aled Miles as CEO comes after an extensive search process. Tom Reardon, Managing Director of PSG, expresses confidence in Miles' ability to lead the company through its next growth phase and achieve its vision of becoming the market leader in data collection and workflow automation.

Miles will be succeeding Chris Byers, the outgoing CEO who has played a crucial role in Formstack's growth over the past 13 years. Byers leaves the company on a strong foundation, with Formstack now serving over 20,000 customers and enjoying profitable success. His steady leadership has been instrumental in the company's journey from a start-up to a scaled business.

The appointment of Aled Miles is effective immediately, marking the start of a new chapter for Formstack. With his wealth of experience and vision for growth, Miles is poised to lead the company to new heights and further establish its position as a leader in the industry.

About Formstack

Formstack is a no-code suite that simplifies data management and workflow automation. Backed by PSG Equity and Silversmith Capital Partners, Formstack offers drag-and-drop functionality, seamless integrations, and an open API to streamline data collection, document generation, eSignature, and more. With a native Salesforce form solution, Formstack caters to small businesses and large enterprises alike, providing a customizable solution for all data collection and workflow needs.

Since its launch in 2006, Formstack has garnered trust from over 20,000 organizations worldwide, including notable names like Advent Health, Virgin Galactic, and Netflix. The platform's mission is to digitize processes, automate workflows, and fix outdated systems. To learn more about Formstack and its offerings, visit www.formstack.com.

In conclusion, Formstack's appointment of Aled Miles as CEO marks an exciting new chapter for the company. With his impressive track record and experience in the technology industry, Miles is well-positioned to lead Formstack through its next phase of growth and solidify its position as a leader in data collection and workflow automation.