Former Who's Calling CEO takes top manager slot at web-based overlay firm. Rebalancing technology provider Tamarac has appointed Stuart DePina as its new CEO. He replaces Richard Thomas, who stepped down in December.

DePina comes to Tamarac from Kirkland, Wash.-based Who's Calling, a sales-lead and advertising tracking firm, where he was CEO. At Tamarac he will help generate and execute the firm's growth strategies.

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"Stuart has a proven track record of building profitable and rapid growth at several well-known national and local companies," says Tamarac's chairman Mark Spangler. "We have multiple opportunities for growing the business and Stuart's leadership will provide clear direction on the most advantageous direction for the company."

At his previous position, DePina took his company into new markets and product lines, which resulted in a doubled revenue base and operating margins of over 20%. DePina has also been CEO of display-technology provider xSides, CFO of Ticketmaster and a partner at KPMG.

DePina says that the "main value proposition" to Tamarac's "clients continues to be driving operating efficiencies within their back-office through best-of-breed technology, which in turn enables them to more rapidly grow their business with greater profitability."

DePina adds that Tamarac's clients have seen their collective assets under management "soar from $12 billion to $30 billion."

When Thomas took over as CEO of Seattle-based Tamarac late in 2005 its clients were managing a few hundred million dollars.

Tamarac notes that DePina "has a long history of financial experience, and he has taken leadership roles in various firm evolutions, such as IPOs and acquisitions." -FWR

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