Newforma has unveiled a series of leadership promotions aimed at strengthening its executive structure and accelerating innovation across the architecture, engineering, and construction (AEC) technology space.
Headquartered in Boston, the company said the changes are designed to better align its product development, technology, marketing, finance, and human resources functions as it enters a new phase of growth.
Strategic Leadership Realignment
The newly announced promotions place experienced leaders into expanded roles across core business functions:
- Ben Bazso has been promoted to Chief Technology Officer (CTO), where he will oversee technology strategy, system architecture, and engineering execution.
- Victoria Salvador now serves as Vice President of Marketing, leading global go-to-market strategy and demand generation initiatives.
- David Wagner has been named Vice President of Product Marketing, responsible for product positioning, packaging, and commercialization.
- Stacey Vigna has been promoted to Vice President of Human Resources, guiding the company’s global HR operations and talent strategy.
- Dave Porrell steps into the role of Vice President of Finance, overseeing financial planning, analysis, and operational performance.
The leadership restructuring reflects Newforma’s broader effort to integrate innovation with operational efficiency while scaling its market presence.
Focus on Growth and Innovation
Company leadership emphasized that the promotions are not just organizational changes, but part of a deliberate strategy to strengthen collaboration across departments and improve customer outcomes.
“These promotions place proven leaders in roles where they can connect the dots between innovation and client outcomes,” said Peter Cannone, CEO of Newforma. “That’s how we continue to drive growth not just as Newforma, but for the project and information management category as a whole.”
By aligning leadership across key verticals, the company aims to accelerate product innovation, improve go-to-market execution, and enhance service delivery for clients in the AEC sector.
Industry Context and Company Growth
The move comes as demand for digital project management and information systems continues to rise across the construction and design industries. Firms are increasingly seeking integrated platforms that improve collaboration, streamline workflows, and centralize project data.
Newforma’s solutions—available both on-premises and via cloud platforms—are designed to address these needs by enabling seamless access to project information across teams and stakeholders.
With more than 20 million projects managed globally and over 5 million users, the company has established itself as a major player in the AEC technology ecosystem.
Looking Ahead
As infrastructure development and digital transformation continue to reshape the construction sector, Newforma’s leadership realignment positions the company to expand its capabilities and maintain a competitive edge.
The company indicated that further investments in technology, talent, and product innovation are expected as it continues to scale operations and support clients worldwide.
Media Contact
Heather Ripley
Ripley PR
(865) 977-1973
Originally reported by New Forma.
