Newforma announces leadership promotions. Massachusetts Newforma has unveiled a series of leadership promotions aimed at strengthening its executive structure and accelerating innovation across the architecture, engineering, and construction (AEC) technology space. Headquartered in Boston, the company said the changes are designed to better align its product development, technology, marketing, finance, and human resources functions as it enters a new phase of growth. Strategic leadership realignment. The newly announced promotions place experienced leaders into expanded roles across core business functions: * Ben Bazso has been promoted to Chief Technology Officer (CTO), where he will oversee technology strategy, system architecture, and engineering execution. * Victoria Salvador now serves as Vice President of Marketing, leading global go-to-market strategy and demand generation initiatives. * David Wagner has been named Vice President of Product Marketing, responsible for product positioning, packaging, and commercialization. * Stacey Vigna has been promoted to Vice President of Human Resources, guiding the company's global HR operations and talent strategy. * Dave Porrell steps into the role of Vice President of Finance, overseeing financial planning, analysis, and operational performance. The leadership restructuring reflects Newforma's broader effort to integrate innovation with operational efficiency while scaling its market presence. Focus on growth and innovation. Company leadership emphasized that the promotions are not just organizational changes, but part of a deliberate strategy to strengthen collaboration across departments and improve customer outcomes. "These promotions place proven leaders in roles where they can connect the dots between innovation and client outcomes," said Peter Cannone, CEO of Newforma. "That's how we continue to drive growth not just as Newforma, but for the project and information management category as a whole." By aligning leadership across key verticals, the company aims to accelerate product innovation, improve go-to-market execution, and enhance service delivery for clients in the AEC sector. Industry context and company growth. The move comes as demand for digital project management and information systems continues to rise across the construction and design industries. Firms are increasingly seeking integrated platforms that improve collaboration, streamline workflows, and centralize project data. Newforma's solutions - available both on-premises and via cloud platforms - are designed to address these needs by enabling seamless access to project information across teams and stakeholders. With more than 20 million projects managed globally and over 5 million users, the company has established itself as a major player in the AEC technology ecosystem. Looking ahead. As infrastructure development and digital transformation continue to reshape the construction sector, Newforma's leadership realignment positions the company to expand its capabilities and maintain a competitive edge. The company indicated that further investments in technology, talent, and product innovation are expected as it continues to scale operations and support clients worldwide. Media Contact Heather Ripley (865) 977-1973

AECO firms gain new Server Buyback option through newforma partnership. Newforma has partnered with ReluTech and AWS to launch a Server Buyback Program that helps AECO firms retire legacy hardware and transition toward cloud-based systems. Newforma has introduced a Server Buyback Program for its Project Center clients through a new partnership with ReluTech and Amazon Web Services. The program aims to help architecture, engineering, construction and owner (AECO) firms retire aging hardware and move more easily toward cloud-based systems. Through the program, ReluTech handles logistics, including secure hardware transport, data wiping and certificates of data destruction. The company also offers maintenance services for firms that continue to operate legacy equipment during the transition. Newforma leaders said the collaboration is part of the company's broader effort to support digital modernization across the AECO sector. ReluTech and AWS representatives noted that the combined approach is designed to give firms financial flexibility and a clearer path toward cloud adoption. The partnership reflects a continued push within the industry to streamline information management and reduce reliance on on-premises infrastructure as project teams look for more connected, data-driven workflows. Get industry news updates and product information to help you stay up to date. I accept that the data provided on this form will be processed, stored, and used in accordance with the terms set out in IRONMARKETS Privacy Policy. * By submitting your mobile number, you agree to receive text messages from IRONMARKETS regarding your subscriptions or other industry related information. You can opt-out anytime. Message & data rates may apply. View Mobile Terms. View Privacy Policy.