The role of President was created to manage Kx through its next growth phase as the companyâs kdb+ database becomes increasingly deployed across the enterprise. Ms. Lustgarten, a co-founder of the company, said, "Use of the kdb+ platform is increasing in applications for financial services as well as other industries. We're in a high-growth time, and I am excited to be a part of this next phase."
Under Ms. Lustgartenâs tenure as CEO, Kx became a leader in high-performance data collection and analysis on 64-bit platforms. As President, her daily involvement with customers and management of worldwide sales will continue.
Arthur Whitney, Kx co-founder and CEO, said, "We are fortunate that Kx once again has the hands-on benefit of Janet's leadership, talent and dedication.â