News Summary

Ottawa-based Assent, a supply chain management software company, has appointed Michael Southworth as its new CEO, with a target to reach $250 million in revenue. Southworth, previously CEO of Babel Street, brings extensive experience in strategic growth and mergers and acquisitions. Longtime CEO Andrew Waitman transitions to executive chairman, contributing to the company’s strategic direction and AI adoption. Under Waitman, Assent achieved centaur status with $100 million in annual recurring revenue and expanded its global workforce. The company’s platform aids complex manufacturers in compliance and ESG reporting.