Litera has hired Sheryl Hoskins as its new CEO, with incumbent CEO Avaneesh Marwaha to step into a new role as chairman of the board. Hoskins (pictured below), who spent the first decade of her career at General Electric and McKesson Corp, most recently served as CEO of Upserve. She brings extensive expertise in scaling enterprise software businesses and is said to be suited to meet Litera’s next-stage growth ambitions.
Since Marwaha joined Litera in 2016, the company has grown global users by over 1500%, annual revenue by 1200%, and headcount from 85 employees to over 850 worldwide. “It has been a tremendous honour to serve as Litera’s CEO, and I am incredibly proud of everything our team has accomplished together in just five years,” he said. “I am also incredibly excited to welcome Sheryl as our new CEO and look forward to working with her as she leads our business into the future. Sheryl brings distinctive experience scaling software companies and will take ownership of our ambitious strategy to enable the continued growth and success of our worldwide customer base.”
“I am honored to have been selected as Litera’s next CEO,” said Hoskins. “It is a privilege to be part of an organization that delivers innovative technology to over 96% of The Global 200 Law Firms. As the legal industry evolves, I believe Litera is in a position to transform the way legal teams and law firms use technology to drive digital transformation by delivering the best legal technology ecosystem. I will do my best to serve the business and its customers by helping enable our leaders and people to fulfill their passion for making a difference.”