PRNewswire/ — Xactly Corporation, the leader in on-demand sales performance management (SPM), today announced that Xactly founder and CEO, Christopher Cabrera, has been named the 2011 “Alumni Entrepreneur of the Year” by the Lloyd Greif Center for Entrepreneurial Studies at the USC Marshall School of Business. The award honors distinguished figures in American business for their leadership, vision and entrepreneurial achievements.
Cabrera joins a prestigious list of past recipients, including Marc Benioff (salesforce.com), Dan Feder and David Gilbert (Five Point Capital) and Chris DeWolfe (MySpace.com). He will receive the honor at the annual USC Greif Center “Alumni Networking Day” on Saturday, March 5, 2011.
“It is truly an honor to receive this award and be recognized amongst such a stellar group of past recipients,” said Christopher Cabrera, founder and CEO, Xactly Corporation. “The Lloyd Greif Center for Entrepreneurial Studies at the USC Marshall School of Business is an exceptional program with a strong and supportive alumni network. I applaud the program for continuing to provide an environment for aspiring young entrepreneurs to learn the fundamental skills for success and for supporting alumni as they turn their budding ideas into thriving ventures.”
The Lloyd Greif Center for Entrepreneurial Studies at USC Marshall School of Business is a pioneering program in entrepreneurship education and research. Its faculty – a diverse mix of academics and entrepreneur practitioners – offers undergraduate and graduate programs designed to help students acquire the tools, develop the skills and cultivate the mindset central to organizing, launching and managing successful new ventures as well as building a tool set based on effectual thinking to position its graduates to effect change inside existing organizations.
Speaking about Mr. Cabrera, Gene Miller, Director of the Lloyd Greif Center for Entrepreneurial Studies said, “Chris’ career is a testament to his entrepreneurial skills and passion to innovate and create. He should be as proud of what he has created as we are of him.”
Cabrera earned a Bachelor of Science degree in business administration with an emphasis in entrepreneurship from the University of Southern California (USC) and a master’s degree in business administration from Santa Clara University. Following executive positions at Callidus Software and Silicon Graphics, he founded Xactly in 2005. A pioneer in Software-as-a-Service (SaaS), Xactly was the first company to offer a 100 percent on-demand solution for managing incentive compensation management – eliminating the need for expensive on-premise software solutions and opening the door for customers of all sizes to benefit from automated, real-time visibility into sales performance. Xactly has delivered record business performance every year since its inception – including increasing year-over-year revenues by more than 50 percent in both 2009 and 2010. Xactly has been widely recognized for both corporate and product excellence, winning such prestigious awards as the 2010 Stevie Award for “Best Overall Company of the Year,” CRM Magazine’s Market Awards for the Incentive Management category in 2009 and 2010 and “Best Financial Software Solution” in the SIIA 2010 CODiE Awards. In addition to its award-winning products, the company’s success is due in part to its strong customer-centric culture and commitment to community improvement.