Connect With Us

Inside INdiana Business
Subscribe Now Log In
  • Home
  • News
    • Education
    • Health
    • Tech
    • STEM
    • Advanced Manufacturing & Logistics
    • Life Sciences
    • Ag INnovation
    • INPower
  • Videos
  • Big Wigs
    • Submit Big Wigs
  • Events
    • Engage Southwest Indiana – Evansville
    • Engage Northwest Indiana – Valparaiso
    • Engage Greater Lafayette – West Lafayette
    • Engage West Central Indiana – Terre Haute
    • Engage South Bend – Elkhart
    • Engage Northeast Indiana – Fort Wayne
    • Engage Central Indiana – Indianapolis
  • Newsletters
  • Podcasts
  • On-Air
    • TV & Radio Listings
  • Contact
    • About IIB
    • Meet the Team
    • Contact Us
    • Advertise
    • Gift Cards
    • Flagship Stations
    • Gerry’s Message
    • Speaking Engagement Request

Connect With Us

Bloomerang CEO Jay Love Steps Down

Monday, July 10, 2017 11:10 AM EDT Updated: Monday, July 10, 2017 01:21 PM EDT
By Alex Brown
Bloomerang CEO Jay Love Steps Down (photo courtesy Bloomerang)

The co-founder and chief executive officer of Indianapolis-based tech company Bloomerang has stepped down. The company says Jay Love, who has served as CEO since the company was founded in 2012, will continue as chairman of the board and will assume the part-time role of chief relationship officer.

Bloomerang co-founder Ross Hendrickson, who has previously served as chief operating officer and chief financial officer, was unanimously named CEO by the company’s board of directors following Love’s recommendation. Love says the transition has been planned since Bloomerang’s founding.

"This is not your typical retirement announcement," said Love. "I plan on staying involved with the executive team for many more years to come. Even though this new role will allow me to spend more time with family and charitable interests, it will also allow me to spend more one-on-one time with Bloomerang customers and partners."

Prior to starting Bloomerang, Love served as CEO of eTapestry, Social Solutions and Master Software. He was also a founding member of the TechPoint Foundation for Youth and the founding chairman of NPower Indiana.

Bloomerang provides cloud-based donor management software designed for nonprofit organizations.

Story Continues Below

Most Popular Stories

  • University of Notre Dame names new president

  • Indiana ranked 6th worst state to find a job

  • Fort Wayne pest control company acquired

  • Holcomb makes new board, commission appointments

  • Indiana hospitals among best for maternity care

  • Workforce development initiative banks $2.5M

Perspectives

Factors in determining your company’s value

Factors in determining your company’s value

Determining the right asking price is crucial for a successful sale. An accurate valuation of your business requires considering multiple factors, such as financial performance, assets, intellectual property, customer base, and market share. Careful analysis of your business's unique attributes and the current market landscape can aid in setting a competitive and realistic asking price. Here are some key points to consider regarding the influence of market pricing on the timing of a company sale....

Inside INdiana Business

Inside INdiana Business
A division of IBJ Media

1 Monument Circle, Suite 300
Indianapolis, IN 46204

PHONE: (317) 634-6200

FAX: (317) 263-5060

NEWSLETTER@IIBNEWS.COM

  • Home
  • News
  • Videos
  • Gerry Dick
  • Newsletters
  • On-Air
  • Contact

Copyright © 2023 All Rights Reserved Privacy Policy | Terms of Service