Instructure Appoints Two New SVPs to Accelerate Growth

Brian Cully lead the development of the company and Justin Beck carry out North America Sales

SALT LAKE CITY, August 25, 2022 /PRNewswire/ — Structurethe maker of Canvas, today announced the addition of two key executives who will have a broad influence on the growth of the Instructure learning platform. Brian Cully, a former investment banker at KeyBanc Capital Markets, has been named senior vice president of corporate development. In addition, Justin Beckformer head of sales at Salesforce.org, was named senior vice president of North America Sales. Both leaders have already started at Instructure and bring significant leadership experience and industry expertise to help the company fulfill its core mission of improving student success, amplifying the power of education, and to inspire everyone to learn together.

As Senior Vice President of Corporate Development at Instructure, Cully will play a central role in driving mergers, acquisitions and integration strategy. Working closely with Instructure’s Executive Committee and Board of Directors, Cully will analyze, recommend and execute merger and acquisition opportunities while prioritizing the needs of our clients. Cully will report to Mitch Benson, Chief Strategy Officer of Instructure. He replaces Steve Workerwho is retiring after a successful career that includes overseeing four acquisitions for Instructure and establishing the foundational framework for deal lifecycle management.

With over a decade of experience as an investment banker, Cully was most recently responsible for sourcing and executing growth-driving M&A transactions. With extensive experience leading technology M&A activities, he has led various advisory and capital raising transactions with companies in the software, internet, human capital management and fintech. Cully holds a master’s degree in accounting and a bachelor’s degree in finance and accounting from the University Ohio State University and holds the CFA charter.

As Senior Vice President of North America Sales, Justin Beck will lead K-12 sales, supporting over 150 teammates in sales, solutions engineering, sales development, and account management. He will report to Frank Maylett, Chief Revenue Officer of Instructure. Beck replaces Chris Benwellwho recently rose to the position of senior vice president of global sales.

With the addition of Beck, Instructure gains nearly 15 years of experience leading sales at various educational technology companies and a nuanced understanding of the unique needs of higher education and K-12 institutions. Beck joins Instructure after four years at Salesforce.org where he was a key part of the higher education leadership team, significantly exceeding revenue forecasts and growing market share. His team has achieved over 50% year-over-year growth for all Salesforce cloud applications in the student and administration lifecycle. A frequent contributor to edtech publications and a presenter at industry conferences, Beck is an influential thought leader and respected business partner to some of the most innovative thinkers in education today. He graduated with honors from University of Miami in Oxford, Ohio with a bachelor’s degree in marketing.

“The addition of these seasoned and accomplished leaders will add to the culture of success that we are intentionally building,” said Instructure CEO Steve Daly. “Under Brian’s leadership, we expect a sophisticated and thoughtful process for analyzing M&A opportunities, with an emphasis on maximizing value for our current customers. Beyond simply determining the financial viability of potential transactions, he will prioritize the needs expressed by clients and seek ways to solve their most pressing challenges. Justin brings a proven track record of leading sales teams that consistently outperform. We are confident in his ability to accelerate our growth and add significant value to our current customer base. As we continue to expand the market share presence of Clothwe anticipate a positive impact across the entire suite of products that make up the Instructure learning platform.”

ABOUT INSTRUCTION
Infrastructure (NYSE: INST) is an education technology company dedicated to improving student success, amplifying the power of teaching, and inspiring everyone to learn together. Today, the Instructure learning platform supports tens of millions of teachers and learners worldwide. Learn more about www.instructure.com.

FORWARD-LOOKING STATEMENTS
This press release contains “forward-looking” statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the potential, timing and examples of any strategic alternatives. These statements are not guarantees of future performance, but are based on management’s expectations as of the date of this press release and on assumptions that are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. . Forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to be materially different from future results, performance or achievements. Important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include the risk factors described in the Company’s initial public offering prospectus filed with the Securities and Exchange Commission (the “SEC”) on July 23, 2021 and other documents filed with the SEC and could cause actual results to differ from expectations. All information provided in this press release is as of the date hereof and Instructure assumes no obligation to update such information except as required by law.

CONTACT:
Brian Watkins
Business communication
Structure
801-610-9722
[email protected]

SOURCE Structure

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