Reggie Agarwal, CEO and Founder of Cvent, has been named SaaS (software as a service) CEO for the second year in a row, by The Software Report.
The Top 50 SaaS CEOs list ranks top-performing software as a service (SaaS) CEOs based on numerous factors including company growth, corporate culture, integrity, emotional intelligence and professional achievement.
This year’s list included CEOs from other top companies such as Zoom, Workday, and Qualtrics. The CEOs were selected based on thousands of nomination submissions from colleagues, peers and other software industry experts around the world.
J Carlos, editor of The Software Report, commented: “Each year, we at The Software Report are astounded by the quality of the nomination submissions Reggie receives. It is truly rare to find a leader so admired. He founded Cvent 20 years ago and to this day 90% of the original team is still working by his side, a testament to Reggie’s leadership qualities over the long run.
“From the commentary we received emerges a picture of a consistently strategic, thoughtful, deeply involved, high-energy leader completely committed to making Cvent the best it can be.”
One nomination read: “Reggie has an incredible passion for the business and a drive to be great that is second to none. His attitude sets the example for the extraordinary culture of performance, hard work, and customer-first attitude that defines Cvent.”
Aggarwal commented: “It is truly humbling to be honoured once again as the top SaaS CEO. It’s remarkable to be recognised alongside other innovative and successful CEOs who lead some of the biggest companies in the industry. This award is a testament to our incredible global team, now more than 4,000 strong. Their passion is what has driven our business forward over the last 20 years.”
Since founding Cvent as a two-person start-up in 1999, Aggarwal has led the company’s global expansion from the beginning, and Cvent now employs more than 4,000 employees in 22 offices worldwide.
The company went public in 2013 and Vista Equity Partners took Cvent private for $1.65 billion in November 2016, offering a 70 percent premium for stockholders. Cvent has continued its impressive growth and momentum as a private company, expanding headcount, adding to its global customer base, and acquiring multiple companies.