Former Global VP for Retail Industries at Oracle, Richard Michalec, Joins 1010data to Lead Key Retail Initiatives

Michalec brings more than 25 years of retail industry expertise to big data discovery solutions provider

NEW YORK, December 17, 2013 -- 1010data, Inc., a market leader in big data discovery and data sharing, today announced that former Global VP for Retail Industries at Oracle, Richard Michalec, will join its team as AVP of Retail Strategy and Strategic Accounts. With more than 25 years of retail experience, Michalec’s expertise in developing strategic solutions for leading retail brands is central to his new role and key to executing 1010data’s vision of data-driven retailing and enhanced collaboration between retailers and their suppliers.

“1010data is excited to welcome such a highly respected and renowned retail expert as Michalec to its team,” said Sandy Steier, CEO of 1010data. “Richard understands how technology can propel retailers to increased success and greater customer loyalty. Richard’s experience working with companies such as Nordstrom, Walmart, Starbucks, and Gap will prove invaluable to the company as we work to help retailers realize the benefits cloud-based Big Data analytics offer up and down the retail value chain.”

Michalec comes to 1010data after 14 years with Oracle Corp. Most recently, as Oracle’s Global VP of Retail Industries, he led efforts between the company’s field sales teams and its global customers. In the position, he drove application solution strategies, ensured sales cycle execution, and managed executive-level customer relationships worldwide. Michalec’s tenure at Oracle coincided with the company’s push across the retail industry landscape. He was directly involved in helping Oracle expand its software portfolio and strategically target market segments as the company became the retail industry’s largest software vendor.

“I am proud to be helping to drive the adoption of 1010data’s capabilities and innovations that were first created for Wall Street and are now available for Main Street. 1010data has incredible technology and world-class data scientists. Their innovative uses of both external and internal datasets are delivering the solutions and insights that are so badly needed by today’s consumer industries. I am excited to be a part of a proven offering in the industry that is my passion.”

In addition to his executive roles at Oracle, Michalec spent 16 years at Unisys Corporation, where he held a number of high-level positions in sales, pre-sales, marketing, product management, and business development.