Active Risk Appoints New SVP Corporate Strategy & Business Development

Loren Padelford, seasoned sales and business development executive, joins Active Risk to accelerate the exploitation of the growing demand for Enterprise Risk Management solutions in the Americas and globally.

Fairfax, VA, October 07, 2011 --(PR.com)-- Active Risk (formerly Strategic Thought Group), author of award winning Enterprise Risk Management software Active Risk Manager (ARM), today announced Loren Padelford has joined the company as SVP Corporate Strategy & Business Development and Chairman of the Active Risk Americas’ Board.

Padelford, an experienced senior level sales and business development executive, has a proven track record in the technology industry and has extensive experience in the risk management software sector.

“We are delighted Loren is joining our experienced executive team. His knowledge will be invaluable as we evolve our vision and strategy and accelerate our business development activities. We are seeing an increasing strategic importance for effective Enterprise Risk Management and a growing demand for proven software to support this need, especially in the USA.

“As Chairman of our newly formed Americas’ Board Loren has specific responsibility to ensure Active Risk makes the most of this opportunity for growth,” said Lynton Barker, Executive Chairman of Active Risk.

Prior to joining Active Risk, Loren Padelford was Vice President of Strategic Alliances and Global Sales Director at Dyadem International, which was acquired by IHS Inc. Loren was a key member of the leadership team and instrumental in the rapid growth of the business. He holds an MBA in International Marketing and a Bachelor of Arts degree in Psychology.
He is also a Certified Sales Professional with the Canadian Professional Sales Association.

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About Active Risk
Active Risk (formerly Strategic Thought Group)* (AIM:STR) addresses enterprise-wide risk management (ERM) and governance, risk and compliance (GRC) requirements with advanced software and services that can be implemented across organizations in all industry sectors.

Active Risk Manager (ARM) is recognized as having the most extensive range of ERM software capabilities available today. ARM enables the identification, communication, analysis and mitigation of risks and opportunities available in both quantitative and qualitative formats. It covers project and portfolio risk, supply chain risk management, business continuity, controls management, reputational risk, health and safety, incident management, governance, compliance risks and more.

Active Risk has main offices in the UK and USA and services customers worldwide directly and through a growing network of partners.

For further information and a detailed view of Active Risk's products and services visit www.activerisk.com or call +44 (0)1628 582500 (EMEA/Asia Pacific) or +1 703 673 9580 (Americas).

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