Tungsten Automation, an e-invoicing network and provider of AI-powered document and workflow automation solutions, has announced a major leadership transition effective July 1, 2025. Peter Hantman has been promoted to Chief Executive Officer and appointed to the Board of Directors, while Robert Watson has joined the company as Chief Financial Officer.
Hantman succeeds longtime CEO Reynolds C. Bish, who will continue to serve as Executive Chairman of the Board. In this new role, Bish will support the executive team, lead the company’s acquisition strategy, and coordinate Board activities.
Hantman joined Tungsten Automation in November 2023 as President and Chief Operating Officer, taking charge of sales, services, product management, strategy, and marketing. Since then, he has overseen the company’s growth and its transition to a SaaS-based recurring revenue model.
“I’m honored to become Chief Executive Officer at such an important time in our customer’s 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 at scale, and I look forward to continue accelerating value creation for our customers, partners, employees and shareholders.”
Hantman brings over three decades of experience in the technology sector, including key leadership roles at enterprise SaaS companies. Prior to Tungsten Automation, he was COO at e2open, a publicly listed supply chain software company, where he also previously served as CFO.
Commenting on the transition, Bish said, "I’m proud of what we’ve accomplished during the last 17 years, and I have total confidence in Pete’s leadership going forward.”
The leadership changes come with the backing of Clearlake Capital Group and TA Associates, which support Tungsten Automation’s strategic direction and growth.
“Pete has demonstrated strong vision, leadership and execution during his time as President and Chief Operating Officer, and we’re confident he will build on Tungsten Automation’s position as an important technology provider in this rapidly growing market,” said Harry Taylor, Managing Director at TA Associates.
“We’ve been impressed by Peter’s strategic vision and operational excellence,” added Paul Huber, Partner & Managing Director at Clearlake. “Under his leadership, Tungsten Automation will be well positioned to accelerate innovation, expand its global footprint and deliver even greater value to customers and investors alike.”
Robert Watson joins Tungsten Automation from Athenahealth, where he most recently served as interim CFO. He previously held senior financial roles at Rackspace Technology, Cinemark, and spent over 16 years at Hewlett-Packard.
“I’m excited to join Tungsten Automation at this pivotal moment in its growth journey,” said Watson. “The opportunity to contribute to a high-performing company and help scale operations globally is incredibly energizing.”