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Business in Vancouver January 4-10, 2005; issue 793
Richard Katrusiak
James Crickmore-Thompson
Richard Katrusiak
Vice-president of business development, GaleForce Solutions Inc.
Age: 38
James Crickmore-Thompson
Vice-president of products, GaleForce Solutions Inc.
Age: 37
During the past 18 months, the company founded by James Crickmore-Thompson, Richard Katrusiak and Kirk Herrington has quickly found its way in Vancouver's financial services market. In fact, at times its growth has seemed to move at the gale-force speed the company was named after.
Prior to co-founding GaleForce Solutions Inc., South African-born Crickmore-Thompson enjoyed more than 15 years working on major business strategy and organizational change programs, with a particular focus on the financial services sector.
He was a management consultant with Andersen Consulting (now Accenture) before moving from Cape Town to Vancouver seven years ago, to join Ernst and Young as a management consultant. He then moved to Pivotal Corp. to help it build its financial services vertical marketplace before co-founding GaleForce in January 2003.
"When I originally came over we had planned to stay in Canada only around two years, and shortly after I arrived in Vancouver I was shipped to Edmonton and my wife found out she was pregnant, so that was quite a profound change," he said.
"All my family is still in South Africa. I miss them and the warm weather in December and January, but I am very happy in Vancouver."
GaleForce created a product that helps financial services companies manage their customer relationships. He said the product helps organizations increase customer retention and profitability while reducing internal operational costs.
Crickmore-Thompson believes the business outlook for 2005 is good. "I think we will continue to see growth; that is definitely our plan. We are hoping to almost double in size again and this whole year has been laying a foundation for our sales effort."
GaleForce recently received $2.8 million in venture capital funding from Ventures West and Yaletown Venture Partners. In 18 months, the company grew from three to 28 staff.
Along with Crickmore-Thompson, the business was the brainchild of Richard Katrusiak, vice-president of business development, and Kirk Herrington, the executive vice-president for strategy and technology.
"I think we have got the best team I have ever worked with," said Katrusiak. He was formerly vice-president of sales at Imagis Technologies Inc. "There I learned persistence - you have to believe, believe, believe. If you keep doing the right thing day after day the results will come."
Both Katrusiak and Crickmore-Thompson enjoy skiing and snowboarding on the North Shore mountains and at Whistler. Katrusiak said he learned at least one valuable lesson from the slopes: "You need to get back up quickly," he said. "I have never been afraid to take a risk. It is a little bit different now. I have to weigh the risk a little bit more heavily now I have a family."
Katrusiak is married, lives in Vancouver's Dunbar neighbourhood and, at the time of writing, has one boy. His wife was expecting their second child any day now. Crickmore-Thompson is married with two boys and lives in Canyon Heights, North Vancouver.
Richard Katrusiak
Profession you would like to try: Teaching
Where do you feel most comfortable? On a ski hill
Favourite movie: No Way Out
Currently reading: Doctor Seuss and The Places You'll Go and The Best Baby Name book
Toughest decision: Starting a software company when others are closing
Car: Volvo V70 Cross Country
Would most like to meet: Bill Gates
Birthplace: Vancouver
Last CD bought: Buddha Bar compilation
Education: BA in English Literature from University of Western Ontario, MBA from SFU
What's left to do: Grow GaleForce to a 100 employees from its current 28
James Crickmore-Thompson
Profession you would like to try: Musician
Where do you feel most comfortable? On a beach
Favourite movie: Blade Runner
Currently reading: The Da Vinci Code by Dan Brown
Toughest decision: Leaving South Africa
Car: Nissan Pathfinder
Would most like to meet: Nelson Mandela
Birthplace: Johannesburg, South Africa
Last CD bought: Elephunk, by The Black Eyed Peas
Education: B.Comm, University of Witwatersrand in Johannesburg
What's left to do: Travelling in Asia
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