Model N Founder & CEO Zack Rinat Named Ernst & Young 2018 Entrepreneur of the Year Semifinalist
Winners to be announced at June 2018 event in San Francisco
San Mateo, California – April 19, 2018 – Model N, Inc. (NYSE: MODN), the leading provider of revenue management solutions for the pharmaceutical, medical device, high tech, manufacturing and semiconductor industries, announced that Zack Rinat, founder, chairman and CEO of Model N, is a semifinalist for Ernst & Young’s (EY) 2018 Entrepreneur of the Year for the Northern California region.
Rinat was selected as a semifinalist by an independent panel of judges that includes previous award winners, leading CEOs, private equity and venture capital investors, and other regional business luminaries. The EY Northern California Region Award winners will be announced at a gala event to be held on June 8, 2018 in San Francisco.
“It is a privilege and honor to receive this recognition from EY that acknowledges the ‘dare-to-win’ attitude of the Model N team,” said Rinat. “This award showcases the focus and entrepreneurial spirit within the company in how we work alongside our customers to innovate, discuss breakthroughs and push boundaries through digital reinvention.”
Rinat is a life-long entrepreneur whose vision, leadership and achievements have led to this recognition. Rinat’s focus on innovating new ways for companies to improve their business other than slashing costs led to the founding of Model N and helped define revenue management as a software category. Under Rinat’s leadership, Model N has fostered innovation in revenue management, created new jobs, and designed new solutions that enable companies to improve their business by better managing revenue. Model N is a publicly held company traded on the NYSE under the symbol MODN.
As a serial entrepreneur, Rinat co-founded Net Dynamics, where he ultimately served as president and CEO prior to its sale to Sun Microsystems. He also served as chairman of Conduit, where he helped the company become Israel’s first billion-dollar Internet company. Prior to founding these companies, Rinat served as a founding member of the Board of Directors of TradingDynamics, which was acquired by Ariba (now part of SAP). Rinat holds a BA in Computer Sciences from the Technion – Israel Institute of Technology and an MBA from Harvard Business School.
For more than 30 years, the Entrepreneur of the Year program has recognized entrepreneurs who demonstrate excellence and extraordinary success in areas such as financial performance, innovation, and commitment to their businesses and communities. It has identified game ‑ changing business leaders and celebrated American ingenuity. Prior winners from the Northern California Region include James Park from Fitbit, Jeff Weiner and Reid Hoffman from LinkedIn, and Jessica Herrin from Stella & Dot.
For more information about the 2018 EY Entrepreneur of the Year for the Northern California region awards, visit, http://bit.ly/EOYNorCal
About Model N
Model N is a leading provider of cloud revenue management solutions for life sciences and high tech companies. Driving mission-critical business processes such as pricing, quoting, contracting, regulatory compliance, rebates and incentives, our software helps companies know and grow their true top line and maximize every revenue moment at speed and scale. With deep industry expertise, Model N supports the complex business needs of the world’s leading brands in pharmaceutical, medical technology, semiconductor, and high-tech manufacturing across more than 100 countries, including Johnson & Johnson, AstraZeneca, Novartis, Microchip Technology and ON Semiconductor. For more information, visit www.modeln.com.
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