TESSALink Announces Departure of CEO Shane Corrallo

 
HOUSTON - Jan. 3, 2024 - PRLog -- TESSALink Announces Departure of CEO Shane Corrallo

TEXAS, Dec. 29, 2023 /TESSALink LP/ -- TESSALink, a Global Inspection Management SaaS organization, announced that its Chief Executive Officer, Shane Corrallo, will leave the company in December to pursue another career opportunity. TESSALink has appointed managing partner Mike Stradinger as the new CEO and Christian Loew as COO reporting to Mr. Stradinger.

"With Shane's leadership since joining the team in late 2017, TESSALink has successfully navigated through the most unprecedented challenges facing the company," said Mr. Stradinger. "We are grateful for the steady leadership and software development experience that Shane brought to the company. He has streamlined operations, increased recurring revenues, enhanced the user experience, rebuilt the engineering and customer success teams, and successfully delivered our next-generation SaaS product to market." During his tenure, Mr. Corrallo was responsible for deepening TESSALink's talent pool, increasing net profit by over 200%, increasing recurring revenues by over 40%, and reducing costs by over 150%.

"Since becoming general partner in 2014, Mike has been a trusted leader, whose acumen and guidance has helped TESSALink become a key provider of inspection management software and a leader in digital transformation for the industrial safety and compliance sector," said Mr. Corrallo. "This past year has been an important period in the company's evolution, and no one is better positioned than Mike to continue to guide the company through this transition phase. TESSALink is well-positioned to capitalize on the strong momentum put in motion over the last few years, and Mike's approach to continuous improvement and iterative outcomes will be instrumental in scaling the company and increasing value for its customers."

About TESSALink
TESSALink is a software as a service company that provides software to digitize inspection management, safety and compliance, and non-destructive testing for customers across a variety of industries including manufacturing, energy, construction, utilities, and mining. At TESSALink, we understand the relentless pressure put on our customers to maximize the capital efficiencies of operations and services. Our flagship product, CertNet®, empowers customers to increase the efficiency of inspections and improve the timeline to disclose or certify equipment safety and operational status.

Go Digital. Go TESSALink.

Please direct inquiries to:
Christian Loew
Christian.Loew@TESSALink.com

Visit us at http://www.tessalink.com

SOURCE TESSALink
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Tags:Saas
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Subject:Executives
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