ProcessUnity Appoints Sean Cronin, Richard Wastcoat to Board of Directors

2 minute read

September 2017

CONCORD, Mass., September 7, 2017 – ProcessUnity, a leading provider of cloud-based solutions for risk management, today announced that Sean Cronin and Richard Wastcoat have joined the company’s Board of Directors.

Sean Cronin serves as ProcessUnity’s President and leads the company’s product, engineering, sales, marketing, and customer success teams. Under Sean’s leadership, ProcessUnity has achieved tremendous revenue growth, outstanding customer satisfaction and retention, and broad industry recognition. Prior to joining ProcessUnity, Sean was global vice president of client operations and pre-sales for the Risk Segment at Thomson Reuters Corporation. Previously, he was the Senior Director of Governance, Risk and Compliance within the Application Strategy Group at Oracle. Sean joined Oracle through the acquisition of Stellent, a global provider of content management solutions, where he led sales efforts for the compliance applications. Prior to Stellent, he led pre-sales operations at OpenPages, an early vendor in the GRC space. Sean graduated from the United States Naval Academy, served as an officer in the US Navy for seven years, and earned his MBA from the University of Rhode Island.

Richard Wastcoat joins the ProcessUnity Board with more than 25 years of international business and financial services industry experience. Richard joined Fidelity Investments in Dallas, Texas in 1983 before relocating to London and then Hong Kong with Fidelity International Limited. He helped launch Fidelity`s South East Asia business before returning to London as Chief Executive of Fidelity Investment Services with additional responsibilities for Fidelity in Spain, the Nordic Region, the Middle East and Africa, and India. Since retiring from Fidelity in 2008, Richard continues to serve the business community in a variety of roles and is currently an independent, Non-Executive Director at First State Investments, a board member of Marstone, Inc., and a board member of the Chartered Institute of Securities and Investment. He is a graduate of Lehigh University and resides in London.

“We are excited to add two exceptional leaders to our Board of Directors,” said Todd Stone, Chairman and CEO of ProcessUnity. “Their wealth of experience from both a strategic and operational standpoint will help us to ensure customer success and scale the business during a period of extraordinary growth.”

For more information on ProcessUnity’s cloud-based risk management solutions, visit


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ProcessUnity is a leading provider of cloud-based applications for risk and compliance management. The company’s software as a service (SaaS) platform gives organizations the control to assess, measure, and mitigate risk and to ensure the optimal performance of key business processes. ProcessUnity’s flagship solution, ProcessUnity Vendor Risk Management, protects companies and their brands by reducing risks from third-party vendors and suppliers. ProcessUnity helps customers effectively and efficiently assess and monitor both new and existing vendors – from initial due diligence and onboarding through termination. Headquartered outside of Boston, Massachusetts, ProcessUnity is used by the world’s leading financial service firms and commercial enterprises. For more information, visit