Houston-area software company Sigga Technologies is shaking up its leadership team.
The enterprise asset management software company announced promoting chief revenue officer Stephen Timms to CEO. He takes over leadership duties from Sigga Technologies Founder and CEO Warley Borges, who decided to transition from day-to-day business operations to chairman of the board.
Timms started with Sigga Technologies as CRO in January 2022 with more than two decades in software sales and field services software.
"We are at a natural transition point with an innovative new product already launched and implemented," Borges said. "Stephen is a seasoned enterprise software executive and a passionate leader who will continue the customer-centric legacy that we have created with Sigga."
Headquartered in Sugar Land, Sigga provides a suite of SAP-certified enterprise management software products for companies in asset-heavy industries.
The company was founded in Brazil in 2001 and subsequently expanded with new offices in North America, Europe, Latin America and Asia. Borges has led the company since its founding and will continue to play a role in the strategic direction of the company, Sigga said.
Last year, Sigga received an investment from Westport, Connecticut-based private equity firm Gemspring Capital. Gemspring has $1.5 billion in assets under management and focuses its portfolio on lower middle market investments.
"Across large, asset-intensive customers, there is an increasing need for flexibility and configurability across core EAM processes, and Sigga is well positioned to meet these needs," said Gemspring Managing Director Aron Grossman, who serves on the Sigga board.
In addition to Sugar Land, the company maintains regional offices in Brazil, Belgium and Australia, according to the Sigga website. The software company is headquartered at 13135 Dairy Ashford Road.
