Flexera Introduces Mike Jerich as New President

SaaS-based IT management solutions company, Flexera, recently appointed Mike Jerich as president to oversee day-to-day operations, execute Flexera’s strategic vision, and expand its global presence across ITAM, FinOps, and SaaS management.

Jerich most recently served as CEO at HungerRush, having previously held senior leadership positions at ServiceMax (now PTC), FinancialForce, IPC Systems, IntelePeer, and Level 3 Communications. Overall, he brings over 25 years of experience in the enterprise technology sector.

Jerich shares why he joined Flexera and what his early priorities are for the company

“Mike is a thoughtful, strategic technology leader with the vision, energy, and a strong operational discipline needed to drive consistent growth while we scale into our next phase,” said Jim Ryan, CEO of Flexera. “His appointment marks a new chapter in our journey– one that’s focused on impact, innovation, and capitalizing on momentum.”

Channel Insider was able to ask Jerich about his new role and Flexera’s strategic growth going forward.

By joining the Flexera team, Jerich sees an opportunity to propel the company forward with a customer-centric mindset, helping organizations optimize their spend, minimize risk, achieve sustainability goals, and enhance decision-making through data.

“Flexera is already an incredibly impressive company, and their successes to date are a big part of why I can’t wait to dive in and play my part,” said Jerich. “Just recently, the company hit record growth in 2024, acquired Spot and Snow Software, and launched its Cloud License Management capability. This commitment to remaining the leader in ITAM, FinOps, and SaaS Management aligns closely with my own dedication to operational discipline and drive. I’m thankful for the opportunity and trust to help build upon this recent growth as the company scales into the next phase of impact and innovation.”

‘Exciting time’ for FinOps fueling growth in strategic opportunities

In the current environment, Jerich says that FinOps is an exciting arena for “reigning in unruly tech spend and maximizing business value.” The organization is well-positioned to assist enterprises in building or enhancing their FinOps strategies, as well as improving ITAM and SaaS management practices, to gain insight into technology spend and risk, regardless of the type of technology, its location, or ownership.

“Many of the recent announcements from the FinOps Foundation, like its strategic partnership with ITAM Forum, expanded scope of FinOps as defined by adding what they call Cloud+ within their framework and more, validates our view that FinOps, ITAM, and SaaS management are intersecting more often,” Jerich explained.

Jerich adds that, in the bigger picture, one of the things that sets Flexera apart is its understanding of evolving market needs and turning knowledge into high-performance products tailored to meet those market needs. Flexera has enhanced these abilities with its recent acquisition of Spot.

“Flexera’s current trajectory, one that fosters growth and a strong portfolio through strategic acquisitions, is exactly the kind of journey I want to be part of and support,” said Jerich. “The most recent acquisition of Spot is the perfect example. The Spot acquisition strengthens Flexera’s relationships with key managed service providers, distributors, and partners specializing in FinOps and cloud services, allowing customers to get even more support and address complex challenges across both disciplines.”

Going forward, Flexera is well-positioned to provide organizations with complete visibility into their technology landscape, across every industry, on a global scale.

“The momentum Flexera has built in the past several years is phenomenal, furthering deep industry partnerships and bold product innovation to take the guesswork out of technology spend and build a better, smarter, truly digital-first ecosystem.”

Before the announcement of Jerich as President, Flexera made an acquisition move to expand its FinOps portfolio by acquiring NetApp’s FinOps Business arm. Read more about the acquisition and how it aligns with Flexera’s 2025 strategy.