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Northern Virginia Technology Council Announces 2013 Greater Washington Technology CFO Award Winners

John Burton of Updata Partners, Tige Savage of Revolution Ventures, and CFOs of Deltek, Eloqua and Echo360 Honored for Excellence in Promoting the Region's Technology Community

HERNDON, Va., May 30, 2013 /PRNewswire-USNewswire/ -- The Northern Virginia Technology Council (NVTC) announced the winners of the 17th Annual Greater Washington Technology CFO Awards last night at a ceremony held at The Ritz-Carlton, Tysons Corner in McLean, Va. The CFO Awards recognize local chief financial officers and financiers for outstanding achievement and excellence in promoting the area's technology community. In addition, John Burton, General Partner of Updata Partners, was honored as the winner of the Michael G. Devine Hall of Fame award for his contributions to the national capital region's technology business community during the course of his career.

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The winners are as follows:

Private Company CFO of the Year: Michael Corkery, Deltek – As Deltek's CEO, Michael Corkery is the driving force behind Deltek's mission of delivering superior enterprise software, information solutions and consulting services to project-based businesses worldwide. Corkery leads more than 1,600 employees who serve Deltek's 16,000 customers across 80 countries around the world. Prior to becoming CEO, Corkery was Deltek's acting CEO since December 2012 and Deltek's CFO since he joined the company in January 2010. Corkery is a graduate of St. Bonaventure University, where he earned a Bachelor of Science degree in accounting. In 2012, he was named CFO of the Year by SmartCEO for his continued success at Deltek.

Public Company CFO of the Year: Don Clarke, Eloqua Don Clarke was named Eloqua's chief financial officer in March 2008 bringing nearly 20 years of experience in key executive positions in both emerging and publicly traded technology companies. He was instrumental in helping to drive Eloqua's revenues from $21 million in 2007 to more than $125 million in 2013. In August 2012, Clarke and Eloqua's CEO led the company's successful initial public offering and, in December 2012, Eloqua announced it had reached an agreement to be acquired by Oracle. Clarke holds a Bachelor of Science degree in accounting from Virginia Tech and is a member of the American Institute of Certified Public Accountants.

Emerging Growth CFO of the Year: Tony Abate, Echo360Tony Abate brings more than 20 years of experience in the technology, digital media and converged services fields to Echo360. Over the course of his career, Abate has served in a variety of product management, senior executive, investment and advisory roles. As an investor at Battery Ventures and Whitney & Co., Abate served on the board of several venture-backed startups. His seasoned guidance on how to profitably scale in nascent markets helped companies like Homestore, RelevantKnowledge and Cbeyond Communications go from concept to a successful IPO or exit. Abate graduated summa cum laude with a BSE in electrical engineering from Duke University and holds an MBA with honors from Harvard Business School.

Financier of the Year: Tige Savage, Revolution Ventures Tige Savage co-leads Revolution Ventures, which invests in and helps build innovative and impactful companies. Savage has more than two decades of industry experience and was named one of the Washington, D.C. area's 100 "Tech Titans" in 2011 by Washingtonian Magazine. Savage co-founded Revolution LLC with Steve Case in 2005. Prior to Revolution, Savage was vice president of Time Warner Ventures, where he led a team focused on investments in technology and next generation media companies. Savage received an MBA with highest distinction from the University of Michigan's Ross School of Business in 1998 and a Bachelor of Arts degree in business administration from James Madison University in 1990.

Michael G. Devine Hall of Fame Award: John BurtonJohn Burton is a co-founder and general partner of Updata Partners. His experience in information technology spans three decades as a senior executive of high-growth private and public companies. He has extensive experience in mergers and acquisitions, having executed more than 25 in operating roles and in board-level and advisory capacities. Burton has been recognized by the technology community in the Mid-Atlantic with the 2002 Financier of the Year Award, given by the Northern Virginia Technology Council (NVTC), and the 2002 Earle C. Williams Award. Burton was a founding member of NVTC and is currently president of the Mid-Atlantic Venture Association (MAVA). Burton graduated with honors from Boston College.

The Northern Virginia Technology Council (NVTC) is the membership and trade association for the technology community in Northern Virginia. As the largest technology council in the nation, NVTC serves about 1,000 companies from all sectors of the technology industry, as well as service providers, universities, foreign embassies, nonprofit organizations and governmental agencies. Through its member companies, NVTC represents about 200,000 employees in the region. NVTC is recognized as the nation's leader in providing its technology community with networking and educational events; specialized services and benefits; public policy advocacy; branding of its region as a major global technology center; initiatives in targeted business sectors and in the international, entrepreneurship, workforce and education arenas; the Equal Footing Foundation, a 501(c)(3) nonprofit charity that serves local area youth; and The Entrepreneur Center @NVTC, which mentors new technology entrepreneurs. Visit NVTC at www.nvtc.org.

SOURCE Northern Virginia Technology Council

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