ESG, EHS Software Provider EcoOnline Names New CEO

EcoOnline, a developer of EHS (employee health and safety) and ESG software, has hired former Calabrio executive Tom Goodmanson as CEO.

We believe Goodmanson succeeds former EcoOnline CEO Göran Lindö, who exited the company in April 2023, according to Lindö's LinkedIn profile. But we're double-checking to see if Lindö was EcoOnline's most recent CEO.

Software Mergers, Acquisitions and Business History

Goodmanson joins the business at a key time for the software company and its partner ecosystem. The background: EcoOnline, backed by private equity firm Apax Partners, acquired ESG software provider Ecometrica in July 2023, and Alcumus' EHS software business in January 2023. Ahead of those deals, EcoOnline had executed 11 acquisitions in four years.

Fast forward to August 2023. EcoOnline's partner program webpage promotes EHS software, and EcoMetrica engages ESG partners. We did not notice a partner-centric section on the Alcumus website. We'll be watching to see if or how EcoMetrica begins to coordinate those partner initiatives.

Goodmanson certainly has experience building and scaling software companies. During his time at Calabrio (2008 to January 2023), he grew the business from 30 employees to 700+ people and a $1 billion-plus valuation, according to EcoOnline.

Goodmanson also has experience working with private equity investors. For instance, private equity firm Thoma Bravo acquired Calabrio from KKR in 2021. Financial terms of that deal were not disclosed.

EcoOnline Hires Tom Goodmanson CEO: Executive Perspectives

In a prepared statement about his new role, Goodmanson said: “I’ve devoted my career to supporting B2B SaaS software companies and I love the opportunities that these tools bring to innovation and scalability. Done right, a great software company will not only improve a business but will make employee’s lives and our customers’ lives better. I am energized to be a part of this team. The opportunity to lead EcoOnline’s team of passionate people making lives better through software is the perfect intersection of my values. EcoOnline takes this passion to the next level with its mission to make the world a safer place.”

Added Chris Joseph, executive chairman of EcoOnline: “As we continue to build on our capability and leadership in EHS and ESG software, Tom’s vision, expertise and creativity will be instrumental in accelerating our plans. EcoOnline operates at the intersection of sustainability and innovation. That spirit is at the heart of the company’s culture and community of customers. Tom’s leadership and values are a perfect fit for our community, and we are excited to have Tom lead the way for the team and our customers.”

Concluded Jason Wright, a partner at Apax: “We are delighted to have Tom join EcoOnline as CEO. The team at EcoOnline have built an outstanding company, providing best-in-class EHS and ESG software to thousands of businesses around the world. Tom is a proven CEO who brings a track record of growth and a strong sense of innovation to the Company. Tom is the right person to lead the next chapter of accelerating growth at EcoOnline and we’re excited to support him and the EcoOnline team in doing so.”

Stay tuned for potential updates to this story.