Latest two board appointees bring financial, analytics and supply chain expertise
Bamboo Rose, the leading software solution connecting the retail community, announced today the appointment of Laura Weil and Bob Solomon to its board of directors.
Laura Weil has served as CFO of American Eagle Outfitters, Inc. and Macy’s Credit Corporation; COO of Ann Taylor and New York & Company; and CEO of Ashley Stewart. Weil is known for driving profitability, building high-performance teams and her expertise in finance and analytics. She is the founder and managing partner of Village Lane Advisory, and in addition to Bamboo Rose, Weil serves on the boards of Christopher & Banks, Carnival Corporation, and Daniel’s Jewelers. Weil’s expertise with large established retail brands and her experience in financial transactions including IPOs will be an asset to building Bamboo Rose’s supplier financing offerings and other growth initiatives.
“During my many years in the retail world, I’ve seen firsthand how difficult it is for traditionally minded stores to compete in an increasingly digital, omnichannel world,” said Weil. “What appeals to me about Bamboo Rose is the company’s ability to give these brands a leg up on the competition through collaborative, connected PLM software.”
Bob Solomon is the founder of Software Platform Consulting, Inc. (SPCI), which provides consulting services to B2B Software-as-a-Service (SaaS) startups and growth companies. Before SPCI, Solomon worked at a variety of enterprise software companies in the supply chain space; most notably, he was responsible for the monetization of the Ariba, Inc. network, which is now a division of SAP. Solomon also worked for Silliker Laboratories Group, Inc., which he helped grow into the world’s leading food testing and consulting network through an aggressive acquisition strategy, and NutraSweet, now a division of Monsanto. Solomon is universally viewed one of the world’s foremost experts on B2B marketplaces for suppliers and corporate buyers. Solomon serves on several boards, including Eved LLC, LeaseAccelerator, and XSB, Inc.
Solomon’s experience with SaaS software businesses will provide Bamboo Rose with valuable product guidance as the company builds out additional offerings for customers, including marketplace, payments, and financing.
“From my first conversation with CEO Sue Welch, I could see that Bamboo Rose had a unique offering that covers more of the “ideation-to-settle” business process than any other product on the market,” said Solomon. “Would you rather have a smartphone in your pocket or four beepers? Bamboo Rose is the smartphone.”
The board appointments are part of Bamboo Rose’s ongoing mission to bring value to retailers and brands through the industry’s leading product lifecycle management (PLM) platform, which connects the supply chain from product ideation to shelf through virtual showrooms, collaborative marketplaces, global sourcing and global trade management (GTM).
“Laura and Bob bring a wealth of experience and expertise to our board that will enhance our offerings to customers across the retail spectrum, from hardlines to apparel to grocery,” said Welch. “We look forward to the contributions they’ll make to our organization, augmenting the deep bench of expertise that already exists on our board and staff.”