Nitrogen Hires Zitting As CEO, Klein Stays On Board

James Miller, Contributing Editor & Research Analyst, Wealth Solutions Report

Former Galvanize CEO Tapped To Lead Next Stage Of Nitrogen’s Growth

Nitrogen announced the appointment of Dan Zitting as CEO, starting Dec. 4. Zitting will be the second CEO of the company after 12 years with Co-Founder Aaron Klein at the helm. Klein will continue on the board and as a strategic advisor, in addition to being the firm’s largest individual shareholder.

Dan Zitting, incoming CEO, Nitrogen

With a background in SaaS, risk, growth and compliance, Zitting founded three companies, including Workpapers.com, which was acquired by Galvanize. Zitting served as CEO of Galvanize, which he led to 500 employees, 50 worldwide channel partners and $100 million in annual revenue, and through its $1 billion acquisition by Diligent. After the acquisition, he became Diligent’s Chief Product and Strategy Officer.

“The opportunity to serve advisors who deliver professional advice to Americans preparing for significant milestones in their lives is incredibly special to me,” said Zitting. “Standing amidst the greatest generational wealth transfer in history, there has never been a more important moment for our Fearless Investing vision. I am excited to accelerate the expansion of our platform, adding new ways for advisors to differentiate their services, engage the next generation, drive up client satisfaction and to grow their own firms.”

Aaron Klein, Co-Founder & departing CEO, Nitrogen

“After a decade plus of pouring my heart and soul into this company at nearly every waking moment, it’s time for me to take some time, pour my energy into my family and help contribute to Nitrogen’s vision and strategy from a different role,” said Klein. “It has been the honor of my career to lead this firm, and Dan is going to be an amazing new leader for this organization, driving Nitrogen’s next decade of success.”

In a statement on the firm’s website, Klein said, “After a lot of reflection, I came to the decision that it was time for a scaler — somebody who had seen the movie before, and grew a company to billion-dollar scale and beyond. As we finished the work of renewing our leadership team, repositioning our product offering, and rebranding the company, I got very excited about the potential of bringing that skill set aboard to help us accelerate our ability to serve you over the next decade.”

Laurie Schultz, Board Chair, Nitrogen

Zitting is the latest addition to Nitrogen’s C-suite, which, according to the press release, “completes Nitrogen’s next-generation leadership team and sets the stage for further platform expansion and continued scale.” C-suite additions in 2022 included CFO Will Cureton, Chief Technology Officer Josh Gray and CMO Craig Clark. Chief Revenue Officer Stephen Brandes joined this year.

Nitrogen’s Board Chair, Laurie Schultz, said, “We’re so grateful to Aaron for the amazing culture of innovation he has built, and for his role in cultivating an iconic firm in the wealth tech space. Great businesses set themselves up for success beyond their first CEO, and I’m confident that Dan is well equipped to build on the foundation we’ve established during our firm’s first decade.”

James Miller, Contributing Editor and Research Analyst at Wealth Solutions Report, can be reached at ContributingEd@wealthsolutionsreport.com.

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