NEW YORK CITY; May 28, 2020 – Michael Bealmear has been named President and Chief Executive Officer of the recently merged companies Selleration and DigitalChalk. Bealmear’s proven C-suite track record in several noteworthy tech companies makes him the ideal person to lead the new venture.
Companies Bring Unique Strengths to the Merger
As head of the new yet-to-be-named firm, Bealmear will be combining two established companies with distinct market positions.
Selleration is the developer of UPtick, a data-driven experiential learning system aimed at sales enablement. DigitalChalk is an award-winning, best-in-class learning management system (LMS) and online learning platform used in the corporate learning and continuing education market segments. The merged company will offer unparalleled learning and development solutions for Gen-I, today’s interactive and digitally agile workforce.
“Michael is the right CEO at the right time,” said Richard Rawson, Chairman of Infinity Learning Solutions, the parent company of DigitalChalk. “He understands and values the customer, and has the business vision and operational expertise to grow the combined companies. Considering the added complexities of our current economic environment, I can’t imagine a better fit. I have every confidence his efforts will lead to exceptional results for our customers, shareholders, and employees.”
Leading Into The Future of Learning and Development
A mainstay of San Francisco Bay-area tech companies for the last 30 years, Bealmear has previously led billion-dollar, publicly traded firms as well as those with private equity and venture backing.
Prior to his role as co-founder and Chairman of Selleration, Bealmear held the top seat at a number of high-profile organizations, including CEO of Tiburon, President of Sybase, CEO of Covansys, COO of Cadence Design Systems, and CEO of HyperRoll. Earlier in his career, he became the youngest partner at consulting firm KPMG. He also serves on a number of for-profit and nonprofit boards of directors.
Bealmear earned his undergraduate degree in engineering from the University of Texas at Austin and did his graduate work in mathematics and computer science at Rice University in Houston.
“Simulations are a game-changing pathway to reaching and engaging talent within the enterprise,” said Michael Bealmear regarding the UPtick platform. “We’re the only SaaS company that has the power of sims and an award-winning LMS. As you might imagine, we’re planning to stir things up in the market. Stay tuned.”
Bealmear promised that more information about his vision and the company’s strategy will be revealed in the coming weeks.
Information regarding the merged company’s new name, brand, and management structure is expected by the end of the quarter.
Selleration has been driving modern sales enablement since 2015, providing customers with a path to measure, predict, and develop sales professionals, delivering revenue growth and speeding time-to-first sale. The company is known for measuring Selling Intelligence, which examines sales professionals’ behavior and key sales attributes before delivering a score that is consistent across an entire sales population.
Founded in 2006 by Infinity Learning Solutions, DigitalChalk has uniquely positioned itself as a leader in the LMS market by providing a total online learning solution, “no matter who you train.” With a robust and full-featured LMS, curated business content, fully integrated eCommerce suite, and world-class support, DigitalChalk offers a complete training solution for their nearly 5,000 customers.
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