Baird Capital Portfolio Company Appdetex Announces New CEO

Portfolio company Appdetex, a global brand protection leader and expert in online detection, assessment, and enforcement of online infringements, recently announced Rick Farnell as its new CEO to continue to scale and grow the company. 

Farnell joins Appdetex following a successful 25-year career in the technology industry, having held executive positions for pioneers such as C-bridge Internet Solutions, Sun Microsystems, Think Big Analytics and Teradata Corporation. Most recently, Farnell served as CEO of Protegrity, an enterprise leader in the data security, encryption, and tokenization market.  

“I’m very pleased to help welcome Rick to the Appdetex team,” said Jim Pavlik, Baird Capital Partner and Appdetex Board Member. “His deep operating experience and track record of success leading other high growth technology businesses will be a great fit for Appdetex as the company accelerates its growth and builds upon its leadership position in the market.”

Baird Capital announced its Series C investment in Appdetex in January 2021. Click here for the full news release related to this week’s announcement.