corel
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Corel Corporation
Corel Corporation is a 40-year-old Ottawa-based software company behind a portfolio of iconic creativity and productivity brands - CorelDRAW, Painter, PaintShop Pro, VideoStudio, WordPerfect, WinZip and MindManager - used by more than 100 million people across 75+ countries. After a stint as KKR-owned 'Alludo,' Corel relaunched in May 2026 as an independent company backed by Vector Capital, with a strategy built on deepening customer experience, embedding AI across its products, and acquiring complementary brands.
Christa Quarles
Christa Quarles is the CEO of Parallels, a KKR-backed desktop virtualization and remote-work software company spun out of Corel Corporation in 2026. A former Wall Street analyst who helped take Google public, she pivoted to operating roles at Playdom, Disney Interactive, Nextdoor, and OpenTable before becoming CEO of Corel Corporation in 2020. Known for her 'leadership by haiku' philosophy and a track record of driving subscription transformation, she grew Parallels Workspace to 49% net new ARR in 2025 and scaled Parallels Desktop to over one million customers. She also serves as Lead Independent Director at Affirm Holdings.