Chuck Moran founded SkillSoft in 1998 with venture capital backing of Warburg Pincus raising more than $20 million. The company went public in January 2000 raising $40 million and raised $88 million in a secondary offering in July 2001.
SkillSoft merged with SmartForce in September 2002 in a deal valued at more than one half billion dollars at the time of the announcement.
Prior to founding SkillSoft, Moran was with NETg, a computer-based training company, as president and CEO. His successful turnaround of NETg helped position the company for Harcourt Brace's acquisition of NEC NETg's parent company for $850 million in 1997, resulting in shareholder value increase of $750 million.
From 1993 to 1994, Moran served as chief financial officer and chief operating officer at Softdesk, Inc., a developer of CAD software products. Together with the CEO, Moran led the company's successful initial public offering, which was recognized by IPO reporters as the #1 IPO for the first quarter of 1994. Earlier in his career, Moran held several senior-level sales and marketing positions.
Moran holds an MBA from Suffolk University in Boston, Mass., and a B.S. from Boston College in Chestnut Hill, Mass. |