SciQuest has named CEO Stephen Wiehe to be chairman of the Cary company's board of directors.
The company has also appointed Tim Buckley, a former chief operating officer of Red Hat, to be its lead independent director.
Wiehe has been CEO and president of SciQuest since 2001.
During that period the company was taken private in a 2004 management buyout, and then returned to the public markets in September 2010 after raising $57 million in an initial public offering.
SciQuest's technology allows customers to buy goods and services more efficiently online. It has more than 300 customers, including casinos, universities, drugmakers and governments.
SciQuest reported earlier this month that its first-quarter revenue was up 48 percent from the previous year.
The company reported revenues of $20.7 million for the quarter that ended March 31, slightly less than analysts' estimates of $20.78 million.