July 10, 2012 — AccuRev, Inc. the leading provider of tools for managing the software development process, today announced the appointment of Peter Shields as AccuRev’s President and Chief Executive Officer. Mr. Shields, whose position is effective immediately, has spent over 30 years in the software development industry. He replaces Lorne Cooper, who served as AccuRev’s President and CEO for the past seven years. 

“AccuRev is a leader in advancing software development, with a strong customer base that spans the globe,” said Mr. Shields. “I am excited to be a part of AccuRev and look forward to building on the success the company has had to date.  The need for process-centric software development tools in the enterprise continues to grow, and AccuRev is well-positioned to benefit from this growth.”

Mr. Shields has an excellent record and extensive experience leading software companies similar to AccuRev. Prior to joining AccuRev, as President and CEO he led SoundBite Communications (SBDT) to an IPO.  Additional assignments included CEO Formation Systems (acquired by Infor), and Vice President of Worldwide Sales at Aspen Technology.

Mr. Shields earned a bachelor’s degree in Engineering from The University of Pennsylvania, and a master’s degree in business administration from The University of Pennsylvania’s The Wharton School.