ScaleHub appoints Mike Riegel as new CEO to drive growth

The seasoned executive plans to focus ScaleHub’s efforts on further accelerating the company’s growth and partner network across the European Union, the United States, Australia, and the Middle East. Mike Riegel said: “ScaleHub has brilliant technology and a fantastic team of experienced experts. I am thrilled to join their diverse, international team to further build on the growth and success of recent years.”

ScaleHub, a managed crowdsourcing service for automated document processing, announced February 6 that the company has appointed Mike Riegel as its new Chief Executive Officer (CEO). He takes over from Olaf Malchow, who will continue to serve the company as a member of the Advisory Board.

Mike Riegel brings extensive expertise in managed services and more than 25 years of experience in leadership positions at tech giants IBM and Cisco, as well as in several startups. Most recently, Riegel served as CEO of Scout APM.

Olaf Malchow, Co-Founder and former CEO of ScaleHub, commented: “I have carried out the role of CEO with joy and dedication over the past seven years. Together, we have transformed a small startup into a globally operating medium-sized company. Now, it is time to pass the baton.”

Malchow added: “We are delighted that with Mike we have found a perfect match for the position.”

Thomas Rubens, Partner at ScaleHub investor DN Capital, said: “The ScaleHub management team has found that right mix of experience and expertise in Mike. I am confident that he, along with the entire team, will build upon all the success to date and accelerate growth in the U.S. and beyond.”

Mike Riegel explained: “The technological advancements in AI are tremendous, and I am confident that this, along with the unique integration of human intelligence at scale, presents great opportunities for ScaleHub. The solution’s underlying software is truly impressive and it’s great to see how clients put it to use and capitalize on it. BPOs and enterprises with heavy document processing and a need for speed, accuracy, scalability and data privacy are seeing great success with our solutions.”

Headquartered in Norderstedt, Germany, ScaleHub offers managed crowdsourcing service for automated document processing and combines the best of human work and automation for faster, more accurate and scalable document processing solutions. The company focuses on helping shared services centers (SSCs) and business process outsourcers (BPOs) scale their business by tapping into a virtual workforce and its managed data processing services.

You can find the full press release here.

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