Magnolia International, the company behind the Magnolia CMS, today announced record global growth figures along with news of a newly appointed Chief Financial Officer and Chief Marketing Officer.
Used in more than 100 countries across the world by governments and leading Fortune 500 enterprises, Magnolia CMS is an Open Source, Enterprise Content Management System with rapidly growing ambitions.
From amongst Magnolia's customers include Nissan, Virgin America, Al Arabiya, Sony, Allianz and Airbus Group.
Growth & Expansion
Since 2012, Magnolia has doubled global revenue. This growth was a result of significant sales increases in all Magnolia offices. Worldwide headcount has also doubled during this period.
In 2013 alone, Magnolia's global customer base grew by 25%. The U.S. market is the fastest growing market, accounting for 30% of new licenses in 2013. U.S.-based customers include Nissan, Virgin America, Abbott Diabetes, US Navy, and Vision Service Plan.
Magnolia's revenue and client growth has spurred additional global expansion in Beijing, and satellite offices in Gothenburg and Helsinki. Office expansion and additional headcount is occurring in every office, including Miami, U.S., Madrid, Spain and Kromeriz, Czech Republic.
Due to this record growth, Magnolia will soon run out of space in the current Basel, Switzerland headquarters. As a result, the company is building a new headquarters in Basel, with move-in scheduled summer 2015.
Pascal Mangold, CEO and co-founder of Magnolia, made these comments regarding the growth announcement:
“Our goal at Magnolia is to have extremely satisfied customers. We empower our customers by providing a platform to develop mission-critical websites that guarantee an optimized customer experience on all devices. Our growth in the US with recent wins like Nissan and Virgin America speaks to our potential for additional growth in the U.S. market.”
Executive Team Additions
To complement their impressive growth figures, Magnolia also announced key additions to the executive management team, adding a Chief Financial Officer and Chief Marketing Officer.
The two key hires were Christopher Justice coming on as the Chief Marketing Officer and Alain Kugelmann as the Chief Financial Officer.
Justice, a serial entrepreneur and advisor to multiple U.S. tech startups, has designed, developed and marketed enterprise software and content management solutions since 1996 with Computer Associates, IBM, Vignette, and with the United States Securities and Exchange Commission (SEC). He will champion Magnolia's brand through effective marketing, community management and technical communications.
Kugelmann spent the last 14 years in various financial positions with the French multinational conglomerate Alstom. At Magnolia, Kugelmann will oversee the accounting, controlling, treasury, investor relations, insurance and tax functions.
Boris Kraft, CTO & Co-Founder at Magnolia, hd this to say regarding the new executive appointments:
“The addition of Chris and Alain is another step in our goal of assembling a world-class management team. Culture and experience are the pillars of what has driven Magnolia’s growth since its inception, and these executives have the best of both qualities. These key additions to our management team position Magnolia to enable more engaging and personalized customer experiences with Magnolia solutions.”