Ondaro Emerges as New Name for Cask NX, Appoints Jeff Gregory as CEO

Cask NX has rebranded as Ondaro and appointed Jeff Gregory as CEO. Gregory joins from Stova, where he served as COO, and has a proven track record of leading through change and scaling companies. The new brand reflects the company's coastal roots, expanding Americas presence, and represents its direction. Ondaro is a ServiceNow Elite Partner focused on advisory, operational, and transformation services.

Cask NX, a prominent ServiceNow Elite Partner, has rebranded as Ondaro and appointed Jeff Gregory as its new CEO. The rebranding and leadership change reflect the company's commitment to growth and innovation in the digital transformation space.

Jeff Gregory brings extensive experience to his new role. Prior to joining Ondaro, he served as Chief Operating Officer at Stova, where he led operations, culture, and market positioning. Before Stova, Gregory held senior positions at Thirdera and NovoScale, demonstrating a proven track record of scaling companies and driving change. He succeeds Jason Rosenfeld, Cask NX’s former Chief Executive Officer.

The new brand, Ondaro, is derived from the Spanish word "onda," which means "wave." This name signifies forward motion and progress, aligning with the company's coastal roots and expanding Americas presence. "We have entered an era of rapid technological change, and with our clients, we are redefining how the ServiceNow platform delivers value," said Jeff Gregory, CEO of Ondaro. "As the landscape shifts, we’re expanding our solutions and serving a broader range of customers. Ondaro leads this evolution as a trusted partner, guiding organizations through transformation."

Ondaro focuses on end-to-end business transformation, helping clients move from traditional practices to innovative solutions. The company offers advisory, operational, and transformation services, leveraging the ServiceNow platform to achieve strategic goals.

The rebranding coincides with increased institutional investment in ServiceNow. Mitsubishi UFJ Asset Management increased its stake by 15.1% during the first quarter, bringing its total holdings to 425,376 shares valued at approximately $338.7 million [2]. Other institutional investors, such as GAMMA Investing LLC and OVERSEA CHINESE BANKING Corp Ltd, have also significantly boosted their stakes in ServiceNow.

ServiceNow reported strong earnings for the latest quarter, with earnings per share of $4.09, exceeding estimates, and revenue up 22.4% year-over-year. The company's positive growth momentum and strategic investments in digital transformation make it an attractive option for investors.

References:
[1] https://www.businesswire.com/news/home/20250811389513/en/Cask-NX-Rebrands-to-Ondaro-Appoints-Veteran-ServiceNow-Ecosystem-Executive-Jeff-Gregory-as-CEO
[2] https://www.marketbeat.com/instant-alerts/filing-mitsubishi-ufj-asset-management-co-ltd-buys-55960-shares-of-servicenow-inc-nysenow-2025-08-07/