FICO Appoints EVP Nikhil Behl to Lead Software Business
01 Julio 2024 - 7:30AM
Business Wire
Behl leads all technology and go-to-market
functions for the software business of analytics software
leader
HIGHLIGHTS:
- Effective July 1, Nikhil Behl will lead all technology and
go-to-market functions for FICO’s software business segment as EVP
for software
- Behl previously served as FICO’s EVP and Chief Marketing
Officer and, most recently, as its EVP for software sales and
marketing
Global analytics software leader FICO announced today the
appointment of Nikhil Behl as executive vice president for
software, effective today. This appointment expands his remit to
now lead all technology and go-to-market functions for the software
business. A veteran of the company since 2014, Behl previously held
the roles of executive vice president and chief marketing officer
and, most recently, executive vice president for sales &
marketing for the software business segment.
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Nikhil Behl is EVP for software at FICO
(Photo: FICO)
“I’ve known and worked with Nikhil for many years, and during
his 10 years at FICO we’ve experienced significant strengthening of
our brand value, reputation with customers and regulators,
strategic competitive positioning for FICO® Scores and FICO®
Platform, and market-leading business growth,” said Will
Lansing, FICO CEO. “He’s a remarkable executive with a proven
track record of leading complex businesses through strategic
planning, cross-functional alignment and world-class execution. I’m
confident Nikhil will continue to successfully drive forward our
software business and FICO Platform vision.”
Prior to FICO, Behl helped lead two start-ups in the ecommerce
space: Supplizer, a cloud-based order management and supply chain
management SAAS platform for retailers; and Zoostores.com, a
retailer that offered over 2 million products in the home and
fitness markets. Behl was COO of Mercantila and spent 12 years at
Hewlett-Packard (HP), where he held executive-level positions
including vice president of sales and operations for
HPShopping.com. He currently serves on the advisory boards of a
number of Silicon Valley start-ups.
“I’m incredibly proud of what we have accomplished at FICO over
the last decade, delivering record results, building strong
customer engagement and assembling a world-class team,” said Nikhil
Behl. “I’ve truly enjoyed building a stellar marketing organization
at FICO and I welcome this expanded role as we execute against our
software vision and growth plans. With strong collaboration and
execution, we are well-positioned to realize our tremendous growth
potential.”
FICO® Platform is a powerful and proven foundation that breaks
down silos across an organization and empowers employees to achieve
customer-focused digital transformation, while giving enterprises
greater agility and collaboration. The next generation applied
intelligence platform enables enterprises to use data, artificial
intelligence/machine learning, and analytics to drive smarter
business decisions, at scale, across a myriad of business use
cases.
About FICO
FICO (NYSE: FICO) powers decisions that help people and
businesses around the world prosper. Founded in 1956, the company
is a pioneer in the use of predictive analytics and data science to
improve operational decisions. FICO holds more than 200 US and
foreign patents on technologies that increase profitability,
customer satisfaction and growth for businesses in financial
services, insurance, telecommunications, health care, retail and
many other industries. Using FICO solutions, businesses in more
than 100 countries do everything from protecting 4 billion payment
cards from fraud, to improving financial inclusion, to increasing
supply chain resiliency. The FICO® Score, used by 90% of top US
lenders, is the standard measure of consumer credit risk in the US
and has been made available in over 40 other countries, improving
risk management, credit access and transparency. Learn more at
www.fico.com.
For FICO news and media resources, visit www.fico.com/news.
FICO is a registered trademark of Fair Isaac Corporation in the
United States and other countries.
Statement Concerning Forward-Looking Information
Except for historical information contained herein, the
statements contained in this news release that relate to FICO or
its business are forward-looking statements within the meaning of
the “safe harbor” provisions of the Private Securities Litigation
Reform Act of 1995. These forward-looking statements are subject to
risks and uncertainties that may cause actual results to differ
materially, including the impact of COVID-19 on macroeconomic
conditions and the Company’s business, operations and personnel,
the success of the Company’s Decision Management strategy and
reengineering initiative, the maintenance of its existing
relationships and ability to create new relationships with
customers and key alliance partners, its ability to continue to
develop new and enhanced products and services, its ability to
recruit and retain key technical and managerial personnel,
competition, regulatory changes applicable to the use of consumer
credit and other data, the failure to protect such data, the
failure to realize the anticipated benefits of any acquisitions,
material adverse developments in global economic conditions or in
the markets we serve, and other risks described from time to time
in FICO’s SEC reports, including its Annual Report on Form 10-K for
the year ended September 30, 2023 and subsequent quarterly reports
on Form 10-Q. If any of these risks or uncertainties materializes,
FICO’s results could differ materially from its expectations. FICO
disclaims any intent or obligation to update these forward-looking
statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20240701869967/en/
Julie Huang press@fico.com
FICO Investors/Analysts: Dave Singleton FICO +1
800-213-5542 investor@fico.com
Fair Isaac (NYSE:FICO)
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