Tungsten Automation Corporation, a leading provider of AI-powered document and workflow automation solutions backed by Clearlake Capital Group and TA Associates, has announced the promotion of Peter Hantman to Chief Executive Officer and his appointment to the Board of Directors. Robert Watson has also been appointed as Chief Financial Officer. Both appointments became effective July 1, 2025. Former CEO Reynolds C. Bish will transition to the role of Executive Chairman of the Board.
Mr. Hantman joined Tungsten Automation as President and Chief Operating Officer in November 2023, overseeing sales, services, product management, strategy, and marketing. In that time, he has driven growth and successfully transitioned the company to a SaaS recurring revenue model. As CEO, he will lead the executive team, accelerate innovation, and further expand the company’s market reach.
“I’m honored to become Chief Executive Officer at such an important time in our customers’ transformation to GenAI-enabled document and workflow automation,” said Hantman. “Tungsten Automation has built a strong foundation of customer trust, partner collaboration, and dedicated employees, and I look forward to accelerating value creation for all stakeholders.”
With more than 30 years of experience in technology, Hantman is known for scaling enterprise SaaS companies and leading business transformation. Before joining Tungsten Automation, he served as COO of e2open, a publicly listed supply chain SaaS company, and earlier as its CFO for over a decade.
Outgoing CEO Reynolds C. Bish, who led the company for 17 years, expressed confidence in Hantman’s leadership. “I’m proud of what we’ve accomplished and have total confidence in Pete’s ability to lead us forward,” Bish said. As Executive Chairman, he will focus on acquisitions, Board coordination, and supporting the executive team.
Industry leaders also voiced support for the transition. Harry Taylor, Managing Director at TA Associates, said, “Pete has shown strong vision, leadership, and execution, and we’re confident he will build on Tungsten Automation’s position in this rapidly growing market.” Paul Huber, Partner & Managing Director at Clearlake, added, “Under his leadership, Tungsten Automation will be well-positioned to accelerate innovation, expand globally, and deliver greater value to customers and investors.”
Robert Watson brings extensive global financial leadership experience to his role as CFO. He most recently served as interim CFO at Athenahealth and previously held financial leadership positions at Rackspace Technology, Cinemark, and Hewlett-Packard during his 16-year tenure there.
“I’m excited to join Tungsten Automation at this pivotal moment,” said Watson. “The opportunity to contribute to a high-performing company and help scale operations globally is incredibly energizing.”
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