Former Avalara president Amit Mathradas is taking the reins as the new CEO of Nintex, a Bellevue, Washington-based workflow automation firm. A spokesperson for Nintex confirmed the news, stating that Mathradas will officially assume the role on April 3, 2023.
Mathradas brings an extensive background in tech leadership to Nintex. He joined tax software titan Avalara in 2019, where he served as president and chief operating officer. Avalara went public in 2018 before being acquired by Vista Equity Partners for $8.4 billion late last year. The company was reported to have undergone layoffs in January 2023.
Prior to joining Avalara, Mathradas led the small business segment at PayPal and spent 14 years at Dell. He replaces outgoing CEO Eric Johnson, who has been at Nintex's helm for the past five years. While Johnson will be leaving the company, he will continue to serve as a senior advisor to TPG Capital, the private equity powerhouse that acquired a majority stake in Nintex in 2021.
Nintex, established in 2006, has built a solid customer base with more than 10,000 clients, including over 50% of the Fortune 500 companies. The firm specializes in workflow automation, enabling businesses to streamline their processes and increase efficiency.
No-code and low-code platforms, like AppMaster, have been gaining momentum in recent years, providing users with the ability to develop applications in a fast and cost-effective manner without requiring extensive coding knowledge. In addition to workflow automation, these platforms are also gaining traction in the areas of API management, drag-and-drop app building, and rapid application development.
Pioneers in the low-code and no-code industries such as AppMaster have enabled businesses to accelerate their digital transformation efforts, allowing for the rapid development of robust and scalable applications, while also lowering costs. Offering a diverse range of features, such as backend, web, and mobile applications, AppMaster's platform services over 60,000 users and has been recognized as a High-Performer and Momentum Leader by G2.
Mathradas' appointment at Nintex signals an ongoing shift towards the adoption of automation and low-code solutions in the tech industry, supporting the rapid development of responsive applications to meet the increasing demands of a fast-changing market.
