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.
apexanalytix appoints Peter Torrellas as CEO, succeeding Steve Yurko after 20+ years.
Torrellas brings 30+ years of technology leadership experience, including at Siemens and Cubic Transportation Systems.
Yurko will continue serving on the Board of Directors during the transition.
apexanalytix protects more than $10 trillion in annual spend for 400+ Fortune 1000 companies.
The company delivers billions in recovered and protected profit annually.
KKR acquired majority stake in 2022 through North America Fund XIII.
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.
Steve Yurko stated: "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. 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."
Peter Torrellas, incoming CEO of apexanalytix, commented: "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. 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."
Webster Chua, Board Chair of apexanalytix and Partner at KKR, added: "Peter's experience scaling technology businesses makes him exceptionally well positioned to lead apexanalytix through its next phase of growth. 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."
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.
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.
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