Kevin Reid of Virtustream Selected by ExecRank as a Top Private Company CTO for 2012

SAN FRANCISCO--(BUSINESS WIRE)--Virtustream, Inc., the leading enterprise class cloud software and Infrastructure-as-a-Service (IaaS) provider, today announced that Kevin Reid, the company’s co-founder, co-chief executive officer and chief technology officer, has been selected by the ranking committee of ExecRank as a “Top Private Company CTO” for 2012. The rankings are the result of two years of research and feedback from evaluation committees and top CTOs that yielded an algorithm for how to rank CTOs based on their performance in 24 key areas.

“Being named a top CTO by ExecRank is an honor, given the number of impressive CTOs leading today’s companies”

According to Adam Navrozally, analyst for the Rankings division of ExecRank, “Mr. Reid has a unique pairing of technical innovation and strong business acumen that has driven strong growth at Virtustream. He has helped spread his company’s strong reputation for providing high quality cloud computing solutions. He is highly regarded in his field, and amongst other CTOs.”

“Being named a top CTO by ExecRank is an honor, given the number of impressive CTOs leading today’s companies,” said Reid. “I have the privilege of working alongside a seasoned CEO, and a dedicated team that is constantly finding ways to innovate and improve our cloud offerings. This recognition truly illustrates the team’s contributions to the company and the great success we’ve achieved in providing our customers with secure, cost-effective cloud solutions for their enterprise applications.”

There are over 15,000 Private Company CTOs in the United States. Only the very best are awarded the distinction of being a part of ExecRank’s “Top Private Company CTO Rankings” for 2012. The number one area of focus for Top CTOs in 2012 has been their role in developing defensible technologies for their companies, and leveraging those technologies to strengthen competitiveness. ExecRank also weighed heavily the recommendations provided by the General Counsel of our finalists, as their role in facilitating IP advantages was also weighed heavily. In addition, we saw a significant uptick in the number of CTOs that served on boards of directors and displayed a skill set that is applicable to multiple industries. The CTOs that made this list represent the best of the best in their field.

For the complete rankings, please visit www.ExecRank.com.

About Kevin Reid

A true entrepreneur, Kevin Reid co-founded Virtustream, an Intel and Columbia Capital backed firm, alongside Rodney Rogers in 2009. Prior to launching Virtustream, Reid co-founded Adjoined Consulting, a U.S. based management consulting, technology and outsourcing firm targeting the global 2000 market. In 2006, Adjoined Consulting was acquired by Kanbay, which was subsequently acquired by Capgemini, an IT services and business consultancy company. Reid currently serves as the chairman of Greensmith Energy Management, a leading smartgrid energy storage software provider. In addition he serves on the Boards of Blue Lagoon Capital and CGS. Reid was honored as the “2010 Minority Business Leader” by the Washington Business Journal in 2010.

About ExecRank

ExecRank is the definitive ranking service of leading executives who have achieved the highest level of professional achievement and peer recognition. ExecRank was founded by Jonathan Aspatore, one of the most authoritative figures in business publishing. As former CEO of one of the five largest business book publishing houses (Aspatore Books), and current CEO of three other business media companies (ExecSense, Charles Pinot, Verb Ventures), Jonathan has published over 5,000 of the world’s top business and legal executives, including C-Level executives (CEO, CFO, CTO, CMO, COO) from 74 percent of the Fortune 500 and senior level partners from 100 percent of the AmLaw 200 largest law firms. As the creator of the patent-pending, proprietary algorithm that took two years to develop for ExecRank, Jonathan is uniquely qualified to have created a system that ranks leading executives. ExecRank rankings reach over six million readers a year in the United States alone given our partnerships with leading publishers, web sites, trade shows and more.

About Virtustream^®

Virtustream is a leading cloud innovator offering enterprise class cloud solutions to enterprises, governments and service providers. Virtustream enables businesses to move complex production applications to the cloud - whether private, public or hybrid – while delivering the full economic and business benefits of the cloud. Virtustream offers xStream, cloud management software for private/public/hybrid clouds and also offers the Virtustream Cloud which provides secure, high availability, Infrastructure as a Service (IaaS) to enterprises. Both xStream and the Virtustream Cloud deliver secure, cloud efficiency with performance SLAs for mission critical applications (SAP, Oracle, Microsoft and thousands more). Virtustream’s solutions are backed by professional services to design, migrate to, and manage clouds.

Virtustream offers these enterprise class cloud solutions worldwide; owns data centers in the U.S. and EMEA; operates an international Cloud Exchange, SpotCloud®; has offices in San Francisco, Atlanta, New York, Washington D.C., Toronto, London, Dubai, Saudi Arabia and has partners in Asia and China.