Reid French
North Palm Beach, Florida,United States
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Reid French is an accomplished executive and board member with extensive experience in the software and technology industries, particularly within private equity-backed enterprises. He is widely recognized for his transformative tenure as CEO of Applied Systems, a leading global provider of insurance software, where he drove significant growth, innovation, and market expansion from 2011 to 2019. Prior to Applied Systems, Reid held various leadership roles, including positions at Bain Capital. His expertise lies in strategic planning, operational excellence, scaling technology businesses, and delivering substantial shareholder value. He currently serves on the boards of several prominent technology companies, including Precisely, NetDocuments, and CentralSquare Technologies, leveraging his deep industry knowledge and leadership acumen to guide their strategic direction and growth initiatives. Reid is known for his focus on customer success, product development, and building high-performing teams.
Professional Summary
Reid French's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:
Notable Achievements
Transformational Leadership at Applied Systems
As CEO of Applied Systems (2011-2019), Reid French led the company through a period of unprecedented growth, more than doubling its revenue and establishing it as a clear leader in insurance technology through organic growth, strategic acquisitions, and product innovation.
Successful Private Equity Value Creation
Demonstrated consistent success in partnering with private equity firms (e.g., Bain Capital, Hellman & Friedman, JMI Equity, Stone Point Capital) to scale software companies, significantly enhancing their market position and delivering substantial returns on investment.
Strategic Board Governance and Advisory
Actively serves on multiple technology company boards (e.g., Precisely, NetDocuments, CentralSquare Technologies, formerly Vertafore), providing critical strategic guidance, fostering innovation, and contributing to their sustained growth and market leadership in data integrity, legal tech, and public sector software respectively.
Industry Recognition for Applied Systems
Under his leadership, Applied Systems received numerous industry accolades for its products, customer service, and workplace culture, solidifying its reputation as an innovator and employer of choice in the insurance technology sector.
Educational Background
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Company Overview
FirstCity Bank of CommerceFirstCity Bank of Commerce is a community bank headquartered in Palm Beach Gardens, Florida, dedicated to providing comprehensive banking solutions to businesses and individuals. They focus on commercial lending, treasury management, and private banking, emphasizing personalized service and strong client relationships within the South Florida market. The bank aims to support local economic growth by offering tailored financial products and expert advice to meet the unique needs of its customers.
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