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Jon Beckstrand

Chief Executive Officer, MasterControl Inc
Sandy, Utah,United States
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Jon Beckstrand's Overview

Total Experience28 years
CompanyMasterControl Inc
CountryUnited States

Jon Beckstrand serves as the Chairman, President, and Chief Executive Officer of Bank of Utah, one of Utah's largest and oldest community banks. Representing the fourth generation of his family to lead the institution, he has been instrumental in its strategic direction and substantial growth since joining in 1999. He was appointed President in 2009 and assumed the role of CEO in 2013. Under his leadership, Bank of Utah has expanded its assets and services while maintaining a strong commitment to personalized customer service and community development. Beckstrand is also an active member of the local business community, holding positions on various boards and contributing to Utah's economic vitality.

Professional Summary

Jon Beckstrand's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

MasterControl Inc - Chief Executive Officer (2002 to Present)
KPMG Peat Marwick - Manager, Transactions Services (1998 to 2001)
Fiserv - Director of Corporate Business Development (1995 to 1998)

Notable Achievements

Fourth-Generation Family Leadership

Successfully continuing a multi-generational family legacy, Jon Beckstrand has guided the century-old Bank of Utah into the modern era, balancing tradition with innovation in the financial services industry.

Sustained Growth and Asset Expansion

Under his tenure as CEO, Bank of Utah has experienced significant growth, surpassing key asset milestones (over $2 billion) and expanding its footprint across the state, solidifying its position as a leading community bank.

Community and Economic Advocacy

Recognized for his commitment to local development, he has served in leadership roles for key organizations, including as a past chairman of the Utah Bankers Association and the Ogden-Weber Chamber of Commerce, championing local business and economic health.

Educational Background

Juris Doctor, Business Law

BYU Law School

Bachelors of Arts, Accounting, with Minor in Japanese

University of Utah

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance

Company Overview

MasterControl Inc
Total employees800
HeadquartersSalt Lake City
Founded1993

MasterControl Inc. provides cloud-based Quality Management System (QMS) and manufacturing software solutions for regulated industries. Its platform helps life sciences, pharmaceutical, and medical device companies digitize and automate quality and compliance processes, connect data throughout the product lifecycle, and accelerate product time-to-market while ensuring adherence to standards like FDA 21 CFR Part 11 and ISO.

MasterControl Inc Funding Information
$150M - Total Funding Raised
$150M - Most recent funding amount
1 - Number of funding rounds
Dec 3, 2019 - Latest funding round
Lead Investors:
Sumeru Equity Partners

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