ForeSee Results CEO Larry Freed steps down following acquisition

Posted Jan 13, 2014

ForeSee Results CEO Larry Freed has stepped down from the company. Last month, raised around $300 million in funding and acquired ForeSee Results for $200 million.

“It?s with sadness that I announce that Larry Freed has decided to step down as President and CEO of ForeSee. Over the past 12 years, Larry has done a phenomenal job building ForeSee into the industry?s leading platform for customer experience analytics. He will be deeply missed by his ForeSee family but I have no doubt that he will be equally successful in his future endeavors,” stated Answers CEO David Karandish on the ForeSee blog.

ForeSee VP of sales Don Morrison will be serving as the interim general manager of ForeSee. According to Crains, ForeSee Results’ 2013 revenues was projected to hit around $52 million. This is up from $25 million in 2009.