Management team

Associations

Careers

Experienced Management Team

New Momentum's management team has significant experience in all facets of SaaS and enterprise software for the manufacturing community. Management has a proven track record of building and growing start-up software companies from inception to highly successful public companies and has substantial experience in IPO's and many merger/acquisition endeavors.

Stuart Clifton
Chairman and CEO

With over 25 years’ experience running software companies, Clifton has a track record for successfully building companies from startup to industry leader. As founder and CEO of DataWorks, he took the mid-market enterprise planning software company from a $2 million private firm to a $250 million public company. Prior to his DataWorks success, he was one of the five founders of Triad Systems, a supplier of inventory management solutions for automotive parts and hardware/ home center industries that culminated in a highly successful IPO. Clifton is recognized as one of the pioneers in market verticalization within the software industry. He has extensive experience in highly successful IPO's, secondary offerings, and merger/acquisition activities, in both the private and public sector. Clifton has been honored as Ernst & Young’s “Entrepreneur of the Year” and was selected to have his enterprise software permanently placed in the Smithsonian Institute.

Pam Passaretti
President/COO

Pam Passaretti has over 20 years experience in key operational roles for large
and small software companies. Having attained early success in her career selling software and services for industry leaders IBM and Lotus Development, Passaretti went on to play a key role in initiating a vertical market strategy for Oracle and growing a market-leading channels strategy for Progress Software. From 1997 to 2005, she worked with the venture capital community, helping firms such as Kleiner Perkins Caufield & Byers, Hummer Winblad, and Red Rock Ventures with the design and implementation of successful sales, marketing, service, and support organizations within their portfolio companies. Her efforts lead to IPOs and acquisitions at several of these companies, including Extensity (IPO), Epiphany (IPO), and Oblix (acquired by Oracle). Prior to New Momentum Passaretti was the head of operations for Blink Logic, a SaaS-based business intelligence vendor, where she oversaw sales, marketing, engineering, and services.

Chris Jensen
Vice President, Marketing

Chris Jensen has over 20 years experience creating and implementing marketing strategies for enterprise software providers including Xerox, IFS and DataWorks. She has run global marketing teams, providing worldwide strategic marketing direction. Her marketing programs have been credited with taking companies – unknown in their markets – to quickly being considered the “hot” company in the industry. In addition to developing high visibility marketing programs for a variety of high tech companies, she also played a key role in establishing strategic partnerships, company IPO’s and mergers & acquisitions.

Laura McCaughey
Vice President, Business Development

Laura McCaughey has over 20 years of institutional financial market experience. Prior to New Momentum she was the managing director of AMR Research's Investment Research Strategies group. She was responsible for leading the group, which advised private equity firms, institutional sell-side and investment firms, and vendor and industry clients about the strength and viability of technology market sectors, emerging trends, and individual enterprise application software companies. Prior to AMR Research, she held key research and marketing positions at SG Cowen Securities, including managing the company's research venture capital practice. Before SG Cowen, Laura was senior vice president and marketing director at Santander Investment Securities and part of the extremely successful U.S.-based global start-up team. At Salomon Brothers Inc over 1985-1995, Laura was instrumental in developing the international research platforms, first as part of the start-up team for Asian research and later for European and emerging markets research.

Troy Malone has over 15 years of software and high technology company management and investment experience. In 1999, Malone was an entrepreneur in residence with the venture capital fund Titan Investment Partners (TIP). During his tenure at TIP, Malone directed and ran several companies that culminated in successful acquisitions. In 2002, Malone founded Blue Sky Broadcast with a partner and served as the COO from 2003 to 2007. Blue Sky Broadcast experienced over 100% growth year over year during his tenure.

Lei Jin
Director of Development / Chief Architect

Lei Jin has over 16 years of software development experience and more than 9 years of software architect experience following the completion of his MS degree in Computer Engineering from USC. He has been key designer and developer of two software startups, including FieldCentrix, where he played the key role in creating and delivering the first field service software automation solution into the market. Prior to New Momentum, he was enterprise software architect for Countrywide Financial and Lending Tree where he managed sizable team of internal and offshore developers.