Acton Resident Named CFO of Mass.-Based Software Company

ACTON, MA – Acton resident Dermot O'Grady has been named chief financial officer of Massachusetts-based software company Brainshark.

Brainshark, located in Waltham, provides sales readiness software to businesses that equips them with training, coaching and content-authoring capabilities. In his role, O'Grady will manage the company's accounting, finance and human resource operations and oversee Brainshark's interactions with investors, outside counsel and financiers.

O'Grady succeeds former CFO Mike McEachern, a founding member of Brainshark's management team and 16-year veteran of the company.

"We’re thrilled to welcome Dermot to Brainshark. I’m confident his financial experience and acumen will further extend our leadership position, create new opportunities to grow the company and provide value to our customers," Brainshark CEO Greg Flynn said in a press release. "We’re also very thankful to Mike for his many contributions and leadership, which have helped put Brainshark in a strong financial and technological position."

O'Grady has 30 years of financial experience – including 26 years in various CFO roles – working with a myriad of companies. Prior to joining Brainshark, he served as CFO of Xkoto, a database virtualization software company.

"This is an especially exciting time to join Brainshark, with a lot of activity and growth in the sales readiness market, and with Brainshark’s solutions delivering significant business impact," O'Grady said in the release. "I look forward to helping the company build on its market leadership and am delighted to be part of the team."

Photo submitted by Brainshark