Minneapolis-based tech company When I Work Inc. has named Greg Wallace as its first-ever chief financial officer as it prepares for its next growth spurt, it announced Thursday.
Wallace served as When I Work's vice president of finance since 2015. Before that, he was a senior finance manager with Code42 and worked for over eight years for supply-chain management tech firm HighJump Software.
"Over the past five years, I’ve been able to build up When I Work’s financial, legal, data science, and IT areas. I’m excited to join Martin’s senior leadership team to help execute on our growth strategy and bring When I Work to millions more employees in shift-based workplaces around the globe," Wallace said in a statement.
Founded in 2010, When I Work makes a workforce scheduling platform that is used by over 150,000 workplaces. When I Work has 120 employees, down from 165 in summer 2019 (according to Business Journal research). As the pandemic took hold last spring When I Work imposed layoffs and furloughs that affected 64 employees, or about 35 percent of its workforce.
Wallace's promotion is about setting the stage for renewed growth, including tripling the value of the company in the coming years, CEO Martin Hartshorne said in a statement.
"Greg not only has the financial acumen for this job, he has deep expertise on the ins and outs of When I Work’s business and customers, which is incredibly valuable," Hartshorne said in the statement.
Hartshorne was named CEO in July. He previously served as the chief strategy officer at Ultimate Software, where he helped the company grow its revenue from $350 million to over $1 billion.
When I Work has raised about $24 million in venture capital, according to Crunchbase, including from local investors like Arthur Ventures. It hasn't raised a round of venture capital since 2016; the company says it is profitable.
