SOURCE: Compellent Technologies

Compellent Technologies

December 11, 2009 09:30 ET

Compellent's Jack Judd Named CFO of the Year by Minneapolis/St. Paul Business Journal

Judd Honored in Medium-Sized Public Company Category for Helping Guide Successful IPO and Rapid Growth in Storage Market

EDEN PRAIRIE, MN--(Marketwire - December 11, 2009) - Compellent Technologies, Inc. (NYSE: CML) today announced that Jack Judd, chief financial officer, was recognized as the CFO of the year for medium-sized public companies by the Minneapolis/St. Paul Business Journal. The awards recognize excellence among top financial executives in the Twin Cities, and honorees were selected by a panel consisting of members of Financial Executives International and the Association for Corporate Growth.

Judd was selected as the CFO of the year for his financial leadership and management of Compellent's successful initial public offering (IPO). Since its launch in 2004, Compellent's revenues have increased rapidly, and more than 1,700 customers have implemented the Compellent storage area network (SAN) for fluid data management in their data centers.

"Since joining us in 2006, Jack has worked tirelessly to ensure Compellent's financial success in a highly competitive data storage market and his enthusiasm for our customers, culture and company goals is evident every day," said Phil Soran, president and CEO, Compellent. "As the consummate team player, Jack goes above and beyond the duties of his job and we're thrilled the Minneapolis/St. Paul Business Journal recognized just how important his work is to our success. On behalf of the entire company, I congratulate him for this honor."

With Judd's guidance as CFO, Compellent has beaten Wall Street analyst predictions for revenue and net income every quarter since going public. Compellent became profitable in 2008 within one year of being a publicly traded company, and has achieved 16 consecutive quarters of sequential sales growth. Jack's experience with sales campaigns also makes him a key contributor to business development efforts, as he often teams with Compellent's sales managers and channel partners to win business. His ability to relate to the key decision-makers has helped closed business with hundreds of mid-sized and large enterprise customers.

"I've been lucky to contribute to the success of such a fast-moving and forward-thinking company like Compellent. Each day, we try to think of new ways to make data management more fluid and efficient, and I love being part of such an innovative team," said Judd.

About Compellent

Compellent is a leading provider of enterprise-class network storage solutions that are highly scalable, feature-rich and designed to be easy to use and cost effective. Compellent Technologies' principal offices are located in Eden Prairie, Minn. For more information, please visit: http://www.compellent.com.