Category Archives: Business: Executives

News for Business Executives, current, trending, fresh , Press Releases about whats currently happening in the Business Place for executives.

List of Best Consulting Firms to Work For


“I am proud of working in a firm where the employees themselves report that their training is strong, the challenge is palpable, and the satisfaction for working here is high.”

Insigniam announced today that it has been named one of the best consulting firms to work for by Vault.com. The international management consulting firm, which has over 30 years of experience addressing executive concerns around innovation, transformation, and breakthrough results, debuted on the annual rankings list as #36 out of 50 on the 2020 Vault Consulting 50, Vault’s signature list of the best consulting firms to work for.

“A few years ago Insigniam conducted a Strategic Framing exercise where we looked at what we might need going into the future. Out of that, we made some strategic bets about what would get us to be the company we aspire to be. When we looked, there was a need for a commitment to developing our people, and fostering a culture of performance,” said Shideh Sedgh Bina, co-founding partner, Insigniam. “I am proud of working in a firm where the employees themselves report that their training is strong, the challenge is palpable, and the satisfaction for working here is high.”

In order to properly reflect a company’s status as an employer within the consulting industry, the Vault Consulting 50 for 2020 is based on the following weighted formula: 30 percent prestige; 15 percent firm culture; 15 percent satisfaction; 10 percent compensation; 10 percent work/life balance; 10 percent level of challenge; 5 percent overall business outlook; 5 percent promotion policies. Compared to the other firms on the list, Insigniam topped out at #6 for Formal Training, #8 for Level of Challenge, and #10 for Satisfaction.

According to Vault, for more than 40% of consulting firm candidates, organizational culture was the most important factor in selecting their employer. The survey is conducted annually and is only open to consultants who are currently employed at reputable firms in the industry.

You can learn more about Vault’s placement of Insigniam on its 2020 Vault Consulting 50 list here. https://www.vault.com/company-profiles/management-strategy/insigniam-llc

About Insigniam

Insigniam has over 30 years of experience working with large, complex organizations in generating breakthroughs in their management results—whether that be in topline growth, strategy implementation, improving profitability, or culture change. Insigniam pioneered the field of organization transformation by marrying breakthrough performance and innovation, thus creating services and solutions that are unparalleled in their potency to quickly create dramatic growth. Clients have documented, in aggregate, more than 50x ROI in management results considered critical and essential to the success of their enterprises. Insigniam solutions include Enterprise Transformation, Breakthrough Projects, Transformational Leadership, and Managing Change. Offices are located in Hong Kong, London, Los Angeles, Paris, and Philadelphia.

To learn more about Insigniam and its breakthrough consultants, visit them online at http://www.insigniam.com.

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Maine Pointe Continues Investment in Total Value Optimization (TVO)™ Development with Strategic Hires


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Maine Pointe’s strength is in our TVO approach to accelerated supply chain transformation, as well as with the skilled industry leaders who drive measurable change.

Global supply chain and operations consulting firm Maine Pointe announced two industry thought leaders with decades of C-level strategic and tactical experience will join the firm. These appointments are part of the firm’s ongoing initiative to deliver the greatest value to customers, shareholders and stakeholders through Total Value Optimization (TVO)™, Maine Pointe’s methodology which incorporates supply chain optimization to create value for stakeholders across the entire end-to-end supply chain.

Joining Maine Pointe with more than 30 years of sales, marketing, supply chain, and operations experience, Brad Stitt will serve as EVP, Supply Chain Management. Throughout his career, Brad has delivered hundreds of millions of dollars in revenues and profits for employees and clients. His real-world sales and operations experience, as well as senior-level positions in supply chain and S&OP, gives him a unique level of expertise and strength in leveraging the supply chain as a competitive weapon to deliver lasting value and growth to clients.

Steve Thevenin will serve as Maine Pointe’s EVP, Leader and Organization Improvement (LOI). Steve brings more than 30 years of experience in LOI, and deep experience in hands-on implementation of transformative initiatives. LOI is an essential component in successful TVO supply chain and operations transformation. Already a Maine Pointe veteran, Steve has led several successful LOI initiatives with Maine Pointe clients. In his new role, he will be responsible for the planning, development, and consistent deployment of LOI in Maine Pointe engagements, with the goal of achieving sustainable Total Value Optimization.

“Maine Pointe’s strength is in our TVO approach to accelerated supply chain transformation, as well as with the skilled industry leaders who drive measurable change,” said Steven Bowen, Chairman and CEO of Maine Pointe. “As one of the most important business methodologies in use today, TVO has been essential in delivering lasting value and positive ROI. Steve and Brad bring a powerful combination of insight, thought leadership and experience which directly relates to the successful implementation of supply chain and operations change. I am confident these industry experts will prove essential in rounding out our depth of expertise and delivering lasting value to all stakeholders in our clients’ end-to-end digital supply chains.”

About Maine Pointe

Maine Pointe, a member of the SGS Group, is a global supply chain and operations consulting firm trusted by many chief executives and private equity firms to drive compelling economic returns for their companies. We achieve this by delivering accelerated, sustainable improvements in EBITDA, cash and growth across their procurement, logistics and operations. Our hands-on implementation experts work with executives and their teams to rapidly break through functional silos and transform the buy-make-move-fulfill supply chain to deliver the greatest value to customers and investors at the lowest cost to business. We call this Total Value Optimization (TVO)™.

Maine Pointe’s engagements are results-driven and deliver between 4:1-8:1 ROI. We are so confident in our work and our processes that we provide a unique 100% guarantee of engagement fees based on annualized savings. http://www.mainepointe.com

About SGS

SGS is the world’s leading inspection, verification, testing and certification company. SGS is recognized as the global benchmark for quality and integrity. With more than 97,000 employees, SGS operates a network of over 2,600 offices and laboratories around the world.

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Rocke Andrews Named President of NAMB – New Campaign Unveiled “NAMB FOR ALL”


“It’s time to remember that NAMB is for its members. Not one group or another. NAMB is for all its members. And the core purpose and mission that NAMB set in 1973 is more important than ever today. Prosperity for all,” said NAMB President Rocke Andrews in his inaugural speech at NAMB National 2019.

National Association of Mortgage Brokers (NAMB) inaugurates Rocke Andrews at NAMB National 2019 conference. Andrews replaces Rick Bettencourt.

Andrews, broker/owner of Lending Arizona, has served in several high-profile positions at NAMB, including serving as NAMB President in 2015.

“Rocke has been an active member, volunteer and leader of NAMB for more than 20 years,” said outgoing NAMB President Rick Bettencourt. “NAMB has huge momentum right now as our industry accelerates. Rocke brings great leadership to our diverse member-base and unites our industry.”

In a powerful inaugural speech that kicked off NAMB National 2019 in Las Vegas Saturday, September 14, 2019, the largest attended conference in the industry, Andrews made a compelling call to members.

“It’s time to remember that NAMB is for its members. Not one group or another. NAMB is for all its members. And the core purpose and mission that NAMB set in 1973 is more important than ever today. Prosperity for all,” said NAMB President Rocke Andrews in his inaugural speech at NAMB National 2019 in Las Vegas.

Andrews unveiled a new campaign that he explains reasserts NAMB’s industry leadership and core purpose when it was formed by members and for members in 1973. NAMB FOR ALL drives awareness of the significant tools, education and advocacy that NAMB delivers to its members and the industry at-large.

NAMB has been actively lobbying for mortgage professionals for the past 27 years. They’ve contributed to seismic changes in the industry including weighing in on the Dodd-Frank legislation, initiating the SAFE Act that was signed into law in 2008, and writing the model state initiative which was eventually adopted by NMLS. NAMB and its predominantly volunteer-based leadership team continues to build on the milestone accomplishments it has made for the greater part of its 46-year history.

Andrews asked members to come together, “My commitment to you as incoming president is that I will reach out regularly to understand your pain points and where we can help alleviate them. I will always keep you apprised of all the initiatives taking place, but I have one ask. Be an active member. NAMB is a member-based, volunteer association. We need to hear from you. We need you getting involved. We need everyone working together. NAMB for All!”

ABOUT NAMB:

The National Association of Mortgage Brokers is the voice of the mortgage industry representing the interests of mortgage professionals and homebuyers since 1973. NAMB members include small business owners, loan originators, account executives, and other industry professionals. NAMB provides mortgage professionals with advocacy, education opportunities and offers rigorous certification programs to recognize members with the highest levels of professional knowledge and education. NAMB’s active lobbying and advocacy efforts focus on national and state issues, protecting the interests of its members and borrowers. As the leading national trade association for the mortgage industry, NAMB is affiliated with State Associations throughout the country and represents the interests of more than 910,000* licensed and registered Mortgage Loan Originators and 39,000* licensed mortgage broker and mortgage lender businesses. The Association hosts several meetings throughout the year. For more information, please visit NAMB FOR ALL.

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Morphisec Appoints Eric Dougherty as Chief Revenue Officer


Morphisec

Morphisec is uniquely positioned to capitalize on this change in enterprise security strategies, and Eric’s extensive experience working with growth companies, as well as his track record in building successful global sales teams, makes him an ideal appointment to our leadership team.

Morphisec, the leader in Moving Target Defense, today announced it has appointed Eric Dougherty to Chief Revenue Officer (CRO). In this role, Dougherty will lead all customer acquisition, expansion and retention efforts for the company as it accelerates its growth in global markets. Morphisec has doubled the global install base of its Unified Threat Prevention platform in just over eight months to more than four million endpoints as demand skyrockets for its advanced threat protection as the ideal companion to Microsoft’s built-in Windows Defender Antivirus (AV) in more efficient enterprise security stacks.

“We’re excited to have Eric join our team as a paradigm shift is occurring in the cybersecurity market where enterprises are moving to a prevention-first model against advanced attacks as the limitations and burdens of EDR solutions becomes more apparent,” said Ronen Yehoshua, Morphisec’s CEO. “Morphisec is uniquely positioned to capitalize on this change in enterprise security strategies, and Eric’s extensive experience working with growth companies, as well as his track record in building successful global sales teams, makes him an ideal appointment to our leadership team.”

Dougherty has over two decades of experience working with growth companies in the cybersecurity, data protection, and enterprise infrastructure markets. He most recently served as VP of Americas Sales for EnterpriseDB. Prior to that, he was the SVP of worldwide sales for Unitrends. Within that role, Dougherty built the sales and channel strategy for Unitrends that resulted in a 400% growth and hitting a $100M run rate in less than four years. During his previous stints at Rapid7 and Acronis, Dougherty built go-to-market channel strategies and sales teams that led to partner expansion, customer wins, and sales growth. Dougherty also spent more than six years at Axis Communications, where his sales success as General Manager for the Americas contributed to a successful IPO in 2000.

“As enterprises move to Windows 10 they are realizing the time has come to step away from legacy antivirus tools, as well as the cost and time burden of EDR solutions,” added Dougherty. “Morphisec is reaping the benefits of the enterprise adoption of Windows Defender AV as organizations of all sizes divest themselves from redundant tools and reallocate budgets to their biggest current need — advanced threat protection. I look forward to expanding Morphisec’s sales team to meet this global demand and assisting our customers with implementing preventative endpoint security within a simpler operational environment that improves their ROI.”

About Morphisec

Morphisec delivers an entirely new level of innovation with its Moving Target Defense-powered Unified Threat Prevention Platform – placing defenders in a prevent-first posture against the most advanced threats to the enterprise, including APTs, zero-days, ransomware, evasive fileless attacks and web-borne exploits. Morphisec provides a crucial, small-footprint memory-defense layer that easily deploys into a company’s existing security infrastructure to form a simple, highly effective, cost-efficient prevention stack that is truly disruptive to today’s existing cybersecurity model.

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Backstop Solutions Group Announces Key Promotions with the Appointment of Greg Fujii to Chief Operating Officer and Maryling Yu to Chief Marketing Officer


Backstop Solutions Group, the leading cloud-based productivity suite for institutional and alternative investors, today announced two key promotions to its executive leadership team. Greg Fujii has been promoted to the role of Chief Operating Officer, and Maryling Yu will now serve as the company’s Chief Marketing Officer. This expansion of Backstop’s c-suite comes as demand for the company’s innovative software solutions designed for the institutional investment industry continues to increase.

“It’s an incredibly exciting time of growth for Backstop,” said Clint Coghill, CEO, Backstop Solutions Group. “Our industry continues to seek out ways to be more productive, collaborate and share information, and stay ahead of the curve. As a company, our core belief is that time is precious and must be maximized, and our core values are getting things done, learning, communication, community, and excellence. Greg and Maryling have exemplified these every day, and I am thrilled to see what their continued leadership will bring to Backstop.”

Fujii joined Backstop Solutions Group in 2017 and has most recently served as Vice President, Professional Services and Solutions Consulting. He has played a key role in managing cross-functional projects through aligning teams and developing scalable processes. In his new role as COO, Fujii will continue to leverage his more than 15 years of experience in the financial services industry to oversee and optimize operations throughout the organization.

“I am thrilled and excited by the opportunities that lie ahead,” said Fujii. “I look forward to applying the lessons I’ve learned leading the Services and Solutions teams and translating them across the organization to help us raise our game even further when it comes to providing our clients with institutional-quality service and support.”

Yu joined Backstop in 2016 as VP of Marketing. Since then, she has led several successful initiatives for the company, including brand awareness, pipeline and revenue generation, and multi-channel digital marketing execution. As CMO, she will take on customer marketing and engagement over the entire lifecycle, in addition to continuing to build the brand, generate demand, and drive marketing strategy and execution.

Prior to Backstop, Yu served as VP of Marketing for LotLinx, a digital automotive advertising startup, and Adeptia, an integration-as-a-service company. She has also held multiple senior-level marketing positions for Sungard Availability Services, where she led product marketing, digital marketing, digital strategy, and demand generation.

“I am incredibly proud of the work accomplished by our entire marketing team and the results we’ve been able to demonstrate over the past three years,” said Yu. “I look forward to continuing to build Backstop’s brand as a vendor, partner, and employer within the industry, and to working with Greg to design customer marketing initiatives that maximize our client experience throughout their journey with Backstop.”

For more information, visit https://www.backstopsolutions.com/.

About Backstop Solutions Group, LLC

Backstop’s mission is to help the institutional investment industry use time to its fullest potential. We develop technology to simplify and streamline otherwise time- consuming tasks and processes, enabling our clients to quickly and easily access, share, and manage the knowledge that is critical to their day-to-day business success. Backstop provides its industry-leading cloud-based productivity suite to investment consultants, pensions, funds of funds, family offices, endowments, foundations, private equity, hedge funds, and real estate investment firms.

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Research Spotlighting Emerging Trends in Gift Card Digital Innovation to be Unveiled at 2019 RGCA Forum


RGCA Forum Logo

RGCA Forum

With countless applications for closed-loop gift cards now fully present online, the RGCA Forum will give new and seasoned gift card industry professionals the unique opportunity to gather to discuss the latest digital innovations and trends happening right now.

The Retail Gift Card Association (RGCA) today announced its 2019 RGCA Forum will feature an interactive session about digital gift card innovation. A panel of gift card industry experts will paint a picture for attendees of the current and future state of digital branded currency and spotlight the latest innovations in the marketplace.

During this session, attendees will learn about recent research unveiling consumer attitudes and behaviors toward digital branded currency. The presenters will then delve into motivations, barriers, and behaviors about using digital branded currency for self-use and uncover how branded currency can drive incremental sales and traffic for merchants.

“Gift cards are transforming brands’ relationships with consumers as they discover, shop, and buy in the digital age,” said Kim Sobasky, RGCA Communications Committee Chair. “In this session, attendees will gather new insights about consumer preferences for physical and digital branded currency, and take away strategies that will help elevate their gift card offerings.”

The RGCA Forum will also deliver sessions covering global expansion, legal and regulatory updates, B2B applications, and other timely topics surrounding closed-loop gift cards. Attendees will have the opportunity to attend educational sessions, network with seasoned industry professionals, and participate in roundtables.

“With countless applications for closed-loop gift cards now fully present online, the RGCA Forum will give new and seasoned gift card industry professionals the unique opportunity to gather to discuss the latest digital innovations and trends happening right now,” said Erin Wood, RGCA Board Vice Chair. “Attendees can expect to extract a wealth of insights, strategies and solutions that can help them improve and propel growth in their gift card offerings.”

Retailers, gift card program managers, technology companies that leverage gift cards, manufacturers, distributors, processors, secondary exchange sites, and third-party resellers with an equitable interest in the closed-loop gift card industry are encouraged to attend Forum. The 2019 Forum will be held September 30 through October 2, 2019, at the Sheraton Grand at Wild Horse Pass. Register now.

More than 90 RGCA member brands work collaboratively to protect, promote, and enhance the use of retail gift cards as ways to enable, enrich, and encourage commerce. Members collectively fuel consumer confidence in the industry, evolve best practices for gift card programs, and optimize emerging opportunities to meet contextual commerce demand. For more information, including details on becoming a member, visit http://www.theRGCA.org.

About the Retail Gift Card Association (RGCA)

The Retail Gift Card Association is the nonprofit trade association that represents the closed-loop gift category. The Association’s mission is to protect, promote and enhance the use of retail gift cards as forms of branded currency and stored value solutions that enable, enrich, and encourage commerce in today’s digital age. All RGCA members abide by a Code of Principles that supports consumer-friendly policies for the purchase and redemption of closed-loop gift cards. RGCA’s membership is comprised of retailers from all sectors, including restaurants, general merchandise, apparel, sporting and leisure, and non-retailers. For more information, visit us at http://www.thergca.org.

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Cleinman Performance Partners Selects RevCycle Partners as a Referred Vendor


“Cleinman Performance Partners has been a premier optometric consultancy for 30 years,” says Paul Hartge, co-founder and CEO of RevCycle Partners. “We are thrilled to work with the Cleinman team to assist their client/partners with optimizing their RCM processes.”

Cleinman Performance Partners, the business development consultancy for larger optometry practices, has selected RevCycle Partners, a revenue cycle management (RCM) company serving eye care practices, as their referred revenue cycle management vendor. Cleinman works exclusively with larger private practice optometrists, providing solutions for virtually any business issue faced by practice owners. RevCycle Partners extends the Cleinman solution set to include core RCM disciplines including insurance billing, credentialing, and benefits verification.

“Cleinman Performance Partners has been a premier optometric consultancy for 30 years,” says Paul Hartge, co-founder and CEO of RevCycle Partners. “We are thrilled to work with the Cleinman team to assist their client/partners with optimizing their RCM processes.”

“We are excited to partner with RevCycle Partners,” says Alan Cleinman, Founder and President of Cleinman Performance Partners. “We are always looking for ways to help our clients drive efficiencies and improve effectiveness; RevCycle’s suite of RCM solutions gives us tools to help practices achieve operational efficiencies and drive growth.”

RevCycle Partners provides outsource services for medical and vision insurance billing, AR recovery, credentialing and recently announced patient benefits and eligibility verification. At a time when hiring, training and staff retention are challenges across the eyecare industry, outsourcing RCM responsibilities offers private practices a strategic alternative, enabling them to focus on their core competencies.

Cleinman highlighted RevCycle Partners’ credentialing capabilities: “We assist many clients with transitioning, and these transitions inevitably require insurance credentialing. We are pleased to be able to lean on RevCycle for its expertise in this area.”

The mission of RevCycle Partners is to fight for what’s due for both doctors and patients, creating greater efficiency and contributing to a positive, ongoing doctor-patient relationship.

For more information, visit revcycle-partners.com. For media inquiries, contact Elena Hilson at elena@czstrategy.com.

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InfoCepts Aligns COE’s to Automate & Accelerate Democratization of Data Across the Enterprise


Today’s announcement is designed to address one of the most pressing challenges and opportunities facing companies today which is how to balance the needs of the business, with technology investments that scale and quickly deliver value

At its annual Customer Retreat, InfoCepts, a global leader in Data and Analytics solutions, announced a realignment of its service operations spanning Advisory, Cloud, Modern Analytics, Data Management & Managed Services that will enable its customers to drive digital transformation in a more forward-thinking and cost effective manner. Building upon the industries richest talent, InfoCepts technology teams will align in support of the critical pillars of a successful data strategy:


  • Cloud & Platform Modernization – offerings enabling customers to undertake the journey to server-less enterprise intelligence in a time-efficient & cost-effective manner.
  • Modern Analytics – automating insights through a suite of best-in-class BI tools leveraging Advanced Analytics, AI, NLP and other data science strategies to drive greater adoption of data through storytelling concepts.
  • Data Management – as the backbone of Analytics, InfoCepts leverages cutting edge data management techniques to ensure trust & accuracy in the decisions drawn from data that is the lifeblood of organizational health.
  • Strategic Advisory – through its exclusive focus on data & analytics, InfoCepts serves as a trusted advisor enabling customers to navigate evolving architecture paradigms and technical diversities to define a data roadmap best aligned with their unique business strategies.
  • Managed Services – stabilize, optimize, and automate enterprise intelligence. Become more efficient in a cost-effective manner, guaranteeing – through custom SLAs – a fully optimized and continuously improving data & analytics program.
  • Product Accelerators – InfoCepts product teams are dedicated to challenging “customer norms” and fine-tuning these processes through development of product accelerators rooted in a mind-set of innovation & automation.

“Today’s announcement is designed to address one of the most pressing challenges and opportunities facing companies today which is how to balance the needs of the business, with technology investments that scale and quickly deliver value,” said Chief Revenue Officer, Pat Finan.

Additionally, in a move designed to better facilitate agile responsiveness to customer needs, the company announced that Co-founder & President, Shashank Garg will assume Global CEO responsibilities. Co-founder and current US CEO, Rohit Bhayana will take on the role of Chief Strategy Officer. “Shashank is an exceptional leader who has worked to transform InfoCepts into one of the fastest growing & well-regarded Analytics firms in the world. We are both confident that under this new structure we will operate in a more efficient manner to exceed our customer’s ever-increasing expectations,” said Rohit.

About Us:

InfoCepts is a product & services company focused on driving value from data through strategic advisory and delivery of data and analytics offerings. Founded in 2004, InfoCepts is headquartered in Tysons Corner, VA with offices throughout North America, Europe & Asia. Everyday more than 130,000 people use solutions powered by InfoCepts to make better decisions.

For more information visit: http://www.infocepts.com

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Netrush Welcomes Industry Veteran and Former MegaFood CEO Robert U. Craven to its Corporate Advisory Board


“Robert brings decades of experience from the natural product space and a fearlessness when it comes to navigating through change,” said Netrush CEO Brian Gonsalves.

Netrush is pleased to announce the addition of Robert Craven to its corporate advisory board. Craven is a veteran of the natural products sector having transitioned FoodState’s flagship MegaFood brand from growth through acquisition and into omnichannel e-commerce growth while staying fiercely committed to quality and transparency.

“Robert brings decades of experience from the natural product space and a fearlessness when it comes to navigating through change,” said Netrush CEO Brian Gonsalves. “Premium brands are committed to connecting their brand story to consumers, and Robert proved this can be done on Amazon while ensuring great products and great customer experience.”

“When I was CEO, I partnered with Netrush because they had the teams and capabilities we needed,” said Craven. “We remained partners because Netrush shared our values and pushed us to change in the direction we needed to transform. I’m thrilled to be supporting that cause from the inside by helping the team support other great brands succeed on Amazon.”

Robert’s new venture called Findaway Adventures brings capital and growth acceleration to young brands in the natural products category.

About Robert Craven

Robert is currently the CEO of Findaway Adventures, where they empower young, change-the-world companies with strategy and retail expertise to find success in the consumer packaged goods space.

Prior to founding Findaway Adventures, Robert was the CEO of MegaFood, where he expanded operations, drove sales, and initiated strategies that grew the company into the industry-leading, award-winning brand it is today.

About Netrush

Netrush is a retailer that offers brands the teams, technology, and infrastructure to thrive on Amazon. With headquarters in Vancouver, Washington, and processing facilities in Kentucky, Canada, and Germany, Netrush provides best-in-class supply chain and creative capabilities to make brands stand out across the shopping journey. For more information, visit http://www.netrush.com.

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AMTdirect Names New Chief Executive Officer


I’m thrilled to join the AMTdirect team. I look forward to leveraging my skills and experience to add to the success of the company. There’s a great deal we can do to create value for our customers and I’m excited for the opportunity to earn their trust, said Ralyea.

AMTdirect, an industry leader in lease management solutions, today announced that it is continuing to strengthen its executive team with the appointment of Jeff Ralyea, a veteran technology leader, as its new Chief Executive Officer. Scott Schubert, former CEO, and Dan Schubert, former President, will remain on the board of directors leveraging their wealth of industry experience to help guide the company’s long-term strategy.

“Dan and I are proud of the company we’ve built and are excited to contribute as founders and board members to AMTdirect’s next phase of growth. We’re eager to support Jeff as he leads our customers, partners, and team to new levels of performance,” said Scott Schubert. “We’ve experienced tremendous growth over the last two years and having a strong operational leader on board will help us consistently deliver for our customers as we continue to grow.”

Ralyea brings several decades of financial and operational software experience to the company. He has held leadership positions at Infor, SAP, Ellucian and most recently at ECi Solutions as a Division President. Ralyea’s roles have included Product Management, Product Marketing, Corporate Marketing and General Management.

“I’m thrilled to join the AMTdirect team,” said Ralyea. “I look forward to leveraging my skills and experience to add to the success of the company. There’s a great deal we can do to create value for our customers and I’m excited for the opportunity to earn their trust.”

“Jeff has deep experience working closely with customers to deliver high-value solutions,” said Mark Haidet, chairman of the board of AMTdirect and operating partner at Luminate Capital Partners. “Jeff has a passion for delivering value to customers, putting strong management systems in place, and building high performing teams.”

Luminate Capital Partners made a majority investment in AMTdirect in October 2017. The additions of Jeff Ralyea as CEO and Patrick Milburn as CTO are the most recent in a series of investments expanding the leadership team, the solutions, and the capabilities of the fast-growing company.

About AMTdirect

Founded in 1996, AMTdirect is one of the largest and most experienced SaaS companies in the lease administration and accounting technology space. Trusted by over 650 of the world’s most well-known brands, AMTdirect serves companies of all sizes in the retail, healthcare, hospitality, manufacturing, higher education, and business services sectors. For more information, visit http://www.amtdirect.com or call (704) 896-3118.

About Luminate Capital Partners

Luminate Capital Partners is a private equity firm focused on making investments in enterprise software companies. Luminate partners with management teams to provide capital to drive strategy, growth, and operational improvements. Luminate’s portfolio of market leaders has included AMTdirect, AutoQuotes, Comply365, Conexiom, LiquidFrameworks, Oversight Systems, PDI, Fintech, and StarCompliance. For more information, visit http://www.luminatecapital.com.

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