Arkestro Announces New Executive Board Appointments

Leading predictive procurement platform continues growth with two new energy industry advisors

SAN FRANCISCO, March 5, 2025 /PRNewswire/ -- Arkestro, the premier Predictive Procurement Platform accelerating enterprise spend transformation, welcomes two new experts into its executive advisory committee. Arkestro's executive advisors bring extensive industry expertise to help shape the company's strategic direction. By providing strategic guidance and fostering ongoing innovation, the executive advisory board ensures that Arkestro remains competitive and forward-thinking in a dynamic market. 

Arkestro's new advisors include:

• Robert C. Turnham, Jr.: Founding partner, President and Director of Goodrich Petroleum Corporation, a public E&P company focused on exploration, exploitation, and development of unconventional onshore oil and natural gas reserves in Texas and Louisiana.
• Bobby Tudor: Founder and CEO of Artemis Energy Partners and previous CEO of Tudor, Pickering, Holt & Co.

"I am thrilled to welcome Robert and Bobby, two accomplished industry leaders, into Arkestro's Executive Advisory Board," said Rob DeSantis, CEO and Co-Founder of Arkestro. "Both will be valuable resources as Arkestro continues on its next phase of growth and innovation on a global scale. This appointment underscores our dedication to leadership in AI-driven procurement technology and our commitment to helping enterprises unlock trapped savings, mitigate supply chain risk and drive greater, faster efficiencies. We are honored to have them join the team and we look forward to advancing the industry together."

Before Robert's leadership at Goodrich Petroleum Corporation, Robert was president of Liberty Production Company, an upstream oil and gas company focused on conventional assets in Texas and Louisiana. With his experience and expertise, Robert has served as a guest commentator on CNBC, Fox Business, and Bloomberg and has spoken at numerous energy conferences over the years.

"Arkestro is reshaping procurement operations with its cutting-edge technology," said Robert C. Turnham Jr., a recently appointed Arkestro Executive Advisory Board member. "There is a tremendous opportunity to transform procurement into a proactive, strategic function that utilizes AI to drive costs out of the system, increase efficiencies (allowing employees to do more with less), and deliver meaningful margin expansion and higher profits to the bottom line. Arkestro is well-positioned to lead the industry's future with this game changing technology, as I've seen first-hand the difference Arkestro's platform makes on procurement teams."

Bobby Tudor is a global energy leader, starting his career at Goldman Sachs, advising companies across most energy subsectors and geographies. He was later appointed Partner, and as leader of Goldman Sachs's global energy practice, before founding Tudor, Pickering, Holt & Co., the market's leading Energy Industry Investment Bank.

"What drew me to Arkestro was the strong team and the immense opportunity to use AI technology to make a difference in one of the most important functions in any enterprise organization," said Bobby Tudor, Founder and CEO of Artemis Energy Partners and new Arkestro Executive Advisory Board member. "Procurement teams today continue to navigate increasingly complex challenges yet, legacy processes continue to slow down decision-making. I've seen Arketro completely change procurement into a team that drives enterprise-wide transformation, improving performance and operational agility. I look forward to joining this journey alongside Rob and the rest of Arkestro's leadership to expand its impact globally in this next phase."

Arkestro's Predictive Procurement Platform uses AI, behavioral science and game theory to accelerate sourcing cycles, enhance supplier collaboration, and drive an average of 18.8% cost reduction across all spend types. Companies are now able to manage three times more spend with the same resources using the power of the platform. To learn more about Arkestro's Executive Advisory Board, please visit www.arkestro.com/executive-advisors

About Arkestro:

Arkestro's Predictive Procurement Platform accelerates enterprise spend transformation to unlock trapped savings and reduce risk, enabling teams to influence significantly more spend. By combining AI and game theory with Arkestro's patented three science technology, Negotiation Science, Supplier Science, and Process Science, procurement teams can improve win rates while strengthening supply chain agility. Trusted by Fortune 500 companies across industries, Arkestro shifts traditional procurement to become a proactive, results-driven function—eliminating inefficiencies, optimizing negotiations, and enhancing supplier collaboration.

Arkestro has been recognized for its industry leadership, including being named a Sample Vendor for Autonomous Sourcing, Autonomous Procurement, and Supplier Discovery in Gartner's 2024 Hype Cycle, and a Top Tech – Sourcing provider in the Fall 2024 SolutionMap. Learn more at www.arkestro.com.

Arkestro Press Contact:

Tiffani Lee-Zhang

[email protected]

View original content to download multimedia:https://www.prnewswire.com/news-releases/arkestro-announces-new-executive-board-appointments-302392327.html

SOURCE Arkestro