Harry Chemko


Elastic Path Software Inc.

After co-founding  Elastic Path in 2000, Mr. Chemko has grown the company to become a leader in  enterprise ecommerce software, competing with giants such as IBM and Microsoft.  As an extension to Elastic Path’s core software business, Mr. Chemko negotiated  the exclusive rights to ecommerce operations for the Vancouver 2010 Olympic and  Paralympic Winter Games. This business unit includes a world-class online  store, fulfillment, merchandising, and customer service. In another notable  transaction, Mr. Chemko negotiated a partnership with leading infrastructure  software vender BEA Systems, in which the $7 Billion company re-sells Elastic  Path as their own branded AquaLogic Commerce Services to their customer base of  18,000. BEA has recently been acquired by Oracle Corporation.

Mr. Chemko has grown Elastic Path organically at an average annual growth rate  of over 70% without any outside equity.  The company, with over 120 staff,  has attracted over 180 customers, including global brands such as Aeroplan,  Nike, Time Inc., Avis, Samsonite, Random House, and United Health Group. In  2008, Elastic Path won the Business Development Bank of Canada’s Young Entrepreneur Award,  as well as Export Development Canada’s Export Excellence Award.  Mr.  Chemko has led the company to receive the Futurpreneur Canada’s  National 2005 Best Business Award, as well as to earning a spot at #14 on  Profit Magazine’s Hot 50. He also received the 2005 Young Entrepreneur Award  for being the youngest CEO on the Profit Hot 50. More recently, Elastic Path  Software was listed at #23 on the Profit 100, the definitive guide to Canada’s  fastest growing companies. Mr. Chemko sits on the Board and the Audit and  Finance Committee of the Canadian Youth Business Foundation, a $14 million  non-profit organization dedicated to empowering aspiring young Canadian  entrepreneurs to start their own businesses. In February 2007, Mr. Chemko was  featured as an Emerging Entrepreneur by the National Post.

Mr. Chemko attended Royal   Roads University,  receiving a B.Com in Entrepreneurial Management, and also the Eric C. Douglass  Award for excellence in entrepreneurship.