Catalyte names Matthew Derella as new CEO

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After six years of leading Catalyte, current CEO Jacob Hsu will leave the position December 15th. Matthew Derella, the former chief customer officer at Twitter, will become CEO. He will assume day-to-day management of Catalyte and oversight of the company’s overall strategy.

“I am honored to take on the role of CEO at Catalyte at this exciting time as the company continues to rewire the labor market,” said Derella. “There is a radically better way to identify and develop talent and Catalyte is leading the way – from building industry-leading technology to forging partnerships with the world’s leading organizations. Catalyte has tremendous momentum leading this new, data-driven approach to building talent-rich teams that drive results.”

Jacob Hsu will continue to serve on Catalyte’s board of directors. He will support and advise Matt and the company on strategy, vision, culture and recruiting.

“With Matt at the helm as CEO, me supporting him along with the rest of the board, I could not be more excited about the future of Catalyte, our team, our shareholders and our partners,” said Hsu.

You can read full details of this announcement here.

Additional media coverage

  • Baltimore Business Journal: “Baltimore tech firm Catalyte hires former Twitter executive as CEO”
  • “An ex-Twitter exec is taking Catalyte’s reins as its latest CEO”
  • citybiz: “Catalyte Appoints Matt Derella Chief Executive Officer”
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