apexanalytix® (“apex” or the “Company”), the leading AI-native supplier risk and recovery provider, today announced that Peter Torrellas has been appointed Chief Executive Officer effective June 22. He succeeds Steve Yurko, who is retiring after more than 20 years leading the company through one of the most significant growth trajectories in the supply chain technology sector. Yurko will continue serving on the apexanalytix Board of Directors, where he will work closely with Peter during the transition period to ensure continuity for customers, associates and partners.
“Leading apexanalytix has been a true blessing. Our team in partnership with our customers built something genuinely rare: a company with the technical depth to solve problems no one else could, and the Fortune1000 customer outcomes to prove it,” said Steve Yurko. “Peter’s experience leading technology-driven businesses at global scale, combined with his product orientation and deep expertise in digital transformation and artificial intelligence, makes him the right leader to guide apexanalytix through its next chapter.”
Torrellas is a highly accomplished executive with more than 30 years of experience leading technology, digital transformation, and infrastructure businesses. His career spans software entrepreneurship, engineering leadership, product development, and executive leadership roles across global organizations. He spent nearly two decades at Siemens, where he held a series of leadership positions spanning technology, smart infrastructure, and digital innovation. Most recently, he served as President of Cubic Transportation Systems. Throughout his career, he has demonstrated a strong track record of driving innovation, scaling complex businesses, building high-performing teams, and delivering disciplined growth.
“What attracted me to apexanalytix is the combination of a market-leading platform, extraordinary data assets, and a clear opportunity to help customers harness AI to drive better business outcomes,” said Peter Torrellas, incoming CEO of apexanalytix. “The company has established a differentiated position in a large and growing market, and I am excited to build on the strong foundation Steve and the team have created. Together, we will continue investing in our people, products, AI capabilities, and data assets to help customers make smarter decisions, reduce risk, and achieve stronger business outcomes.”
Under Yurko’s leadership, apexanalytix grew from a recovery audit pioneer into the industry’s most comprehensive platform for supplier risk, supplier information management, fraud prevention, and profit recovery. Leveraging one of the industry’s largest supplier intelligence data assets, the Company today protects more than $10 trillion in annual spend for more than 400 of the world’s largest companies and delivers billions in recovered and protected profit annually. The company has achieved strong organic growth through expanding its customer base, deepening client relationships, and broadening its platform capabilities. KKR, a leading global investment firm, acquired a majority stake in the company in 2022 through its North America Fund XIII and has supported the company’s continued investment in product innovation, AI capabilities, and global growth.
“Peter’s experience scaling technology businesses makes him exceptionally well positioned to lead apexanalytix through its next phase of growth,” said Webster Chua, Board Chair of apexanalytix and Partner at KKR. “Building on the strong foundation that Steve and the team have created, we are confident Peter’s leadership will accelerate product innovation and unlock new opportunities for our customers, employees, and stakeholders. We also want to congratulate Steve on his well-deserved retirement and thank him for his years of service and dedication in helping build apexanalytix into the market leader it is today.”
About apexanalytix
apexanalytix is the leading AI-native supplier risk and recovery provider. apexanalytix transforms supplier risk management from a reactive challenge into a strategic advantage, actively protecting revenue, strengthening supply chains, and driving operational excellence. Outcomes matter: apexanalytix protects trillions in annual spend and delivers billions in profits. The AI-native, post-quantum-ready apexanalytix platform provides instant visibility across the entire supplier lifecycle, from discovery and touchless onboarding to continuous risk monitoring, resolution, and recovery. Powered by private generative and agentic AI, 280M+ company golden records, and 1200+ integrated global data sources, apexanalytix proactively surfaces risk, automates compliance, and recovers profits to strengthen long-term supply chain resilience. apexanalytix protects more than $10 trillion in annual spend for more than 400 of the world’s largest companies.
Learn more at apexanalytix.com and follow apexanalytix on LinkedIn.
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