ZoomInfo Announces Former IBM Exec As New CEO

ZoomInfo, a B2B account and contact database platform, has appointed Derek Schoettle as its new CEO. He will replace ZoomInfo founder and former CEO Yonatan Stern, who will remain on the company’s Board of Directors.

Schoettle joins the company from IBM, where he served as Chief Business Officer and General Manager of the Watson & Cloud Platform. He also previously served as CEO of Cloudant, a Database-as-a-Service company that was acquired by IBM in 2014.

“I’ve spent the last 10 years of my career at the intersection of data analytics and artificial intelligence and I’m thrilled to be able to work on the industry’s best platform for business data,” said Schoettle in a statement. “This is just the beginning as the company evolves from a sales and marketing performance management product to an intelligent, dynamic customer engagement platform that gives companies a deep understanding of its customers and prospects.”