Palisade Names Randy Heffernan CEO
ITHACA, NY – Palisade, the leading provider of risk and decision analysis solutions for industry and academia, today announced the appointment of Randy Heffernan as its new Chief Executive Officer. Currently Palisade’s Chief Operation Officer, Heffernan has been with Palisade for over 20 years. The appointment follows the passing of company founder Sam McLafferty on December 4, 2017.
Heffernan has worked in nearly every department at Palisade, including sales, marketing, operations, and development. Working closely with sales and product teams, he has led product launches, entered new markets, and established Palisade offices in multiple new countries. Under his and McLafferty’s leadership, the company has quadrupled in size and expanded its reach to become the dominant force in modern analytical decision-making and thought leadership.
Heffernan holds a BS in Agricultural Economics and Business from Cornell University as well as an MBA from Cornell and Queen’s Universities.
“I am very honored to accept this position, and am confident that our team will continue the legacy that Sam McLafferty established,” said Heffernan. “This continuity of leadership, combined with a tradition of teamwork, means that Palisade is well-positioned for many more years of success.”
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Palisade is a software developer and solution provider that produces decision support tools for professionals in many industry sectors. The company was founded in 1984, and at present more than 150,000 people use Palisade’s software in fields that range from finance to oil and mineral exploration, real estate to heavy manufacturing and pharmaceuticals to aerospace. Its software is used by more than 90 percent of Fortune Global 500 companies. Sample clients include Procter & Gamble, Petrobras, PEMEX, Lockheed Martin, Mitsubishi, Merck, Unilever, Fluor, Thales, Raytheon and PwC, as well as top business schools around the world.