Rick Rudman is a seasoned software CEO and an early pioneer in cloud-based subscription software. He has a proven track record of success leading both public and private growth software companies with experience as an entrepreneur, public company CEO and board member.
Rick is currently Chairman and CEO of Tracx, the leading social business cloud for building brands, driving new business and taking care of customers in the new social economy.
From 1992 through 2014 Rick was Chairman and CEO of Vocus (NASDAQ:VOCS), a leading provider of marketing and PR software. Under Rick’s leadership, Vocus achieved twenty years of 30% per year average annual growth, growing revenue from under $1M to over $180M, with over 1,500 employees and operations in the US, Europe and Asia. Rick led the company through the venture growth stage, an IPO and 32 quarters as a public company before achieving a 50% premium for investors when Vocus was acquired in 2014 in an all cash transaction valued at half a billion dollars.
From 1986 through 1992 Rick was SVP of sales and marketing for Dataway Corporation, a privately held software company developing mission critical software applications for KPMG, Booz Allen, U.S. Navy and other large companies and government agencies. Before Dataway, Rick worked as a programmer for the Barlow Corporation, a privately held company specializing in real estate development and retail operations. Rick originally joined Barlow Corporation as a staff accountant.
Rick began his career in the United States Air Force, enlisting after high school and attending the USAF Technical Training School for certifications in electronics, satellite communications and computers. He served in the U.S. and in Germany in a mobile forward air combat support unit. During his four years he received four promotions through the rank of Sergeant.
Rick has served on the board of directors for multiple technology companies and was also Vice Chairman of the Baltimore Symphony Orchestra. He is currently on the board of privately held IQMedia and publicly held Web.com.
Rick received his Bachelor of Science degree in accounting from University of Maryland, and is a Certified Public Accountant. In 2003 Rick was selected as Ernst and Young’s Entrepreneur of the Year in the software category for the Washington, D.C. region, and in 1999 was named the High Tech Council of Maryland’s Entrepreneur of the Year.