Former Microsoft Exec. Joins MN Co. As COO
Digital River, Inc., hired Ted Cahall, formally a corporate vice president at Microsoft, as chief operating officer (COO) and executive vice president on Monday.
The Minnetonka-based e-commerce and software developer said Cahall will lead its global product development, engineering, quality assurance, IT, and global delivery organizations.
Digital River, which is Minnesota’s 46th largest public company, also hired Thomas Peterson, formally of Hewlett Packard and IBM, as general manager of commerce.
“Both with impressive backgrounds and track records of success, [Cahall] and [Peterson] have established themselves as transformational technology and business leaders,” Digital River CEO David Dobson said in a statement. “They bring deep experience in our core markets and a strong global perspective to our transformation strategy.”
Cahall worked at Microsoft since 2010, where he was the corporate vice president of MSN. Prior to that, he worked for AOL, United Online, and Bank of America, among other places.
Digital River was recently ranked the 54th top U.S. IT innovator by InformationWeek magazine.
Digital River has offices throughout the country, as well as in Asia, Europe, and South America. The company’s revenue totaled $386.2 million for its most recently completed fiscal year.