RMS Hires Two Senior Executives, Bringing Additional Silicon Valley Expertise
General manager for software and CFO bring decades of tech experience to RMS
NEWARK, Calif. -
April 23, 2015 -
RMS®, the world's leading catastrophe risk management firm, today announced it has hired two key leaders, giving RMS unrivaled technology expertise as it builds new products for the global insurance industry and strengthens the firm's position in Silicon Valley.
Eric Yau joins RMS as general manager of software and Peter Eidelman joins as CFO; both will report to Hemant Shah, RMS co-founder and CEO.
“RMS was founded in Silicon Valley and the spirit of the Valley is in our DNA; following the recent hire of Chief Technology Officer Cory Isaacson, expanding our leadership team with Eric and Peter reaffirms our commitment to RMS(one)® and further infuses tech into our company and culture," said Hemant Shah, co-founder and CEO, RMS.
Eric Yau, general manager, software: Yau will serve as the senior product executive for software and platform products, including RMS(one)® and RiskLink®. He brings experience with startups as well as technology stalwarts such as BMC, Cognos, SAS Institute and IBM.
Peter Eidelman, CFO: Prior to RMS, Eidelman helped Intermolecular, a science-based technology company, through its initial public offering. He was also the CFO for C3 Energy, Cellon and Sunrise Telecom, among other roles.
RMS models and software help financial institutions and public agencies evaluate and manage catastrophe risks throughout the world, promoting resilient societies and a sustainable global economy.