Email marketing software developer Constant Contact, which is backed by Santa Monica-based private equity investor Clearlake Capital, has named a new CEO and CFO this morning. According to Constant Contact, Clearlake Capital, and Siris Capital Group, Frank Vella has been named CEO, and Michael Pellegrino has been named as CFO of Constant Contact. The new executive appointments as a result of a $400M growth equity investment made by Clearlake Capital and Siris in February, after the spinout of Constant Contact from Endurance International Group Holdings, Inc. Vella was most recently CEO of Information Builders, and also has served at Microsoft, GE Capital, HP Enterprise and Xerox. Pellegrino previously was COO of SumTotal Systems, and also was at Skillsoftware for 14 years, in addition to also serving at EY.
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