CashEdge Appoints Paul Grantham as Chief Operating Officer
Company Hires Covad Executive to Join Executive Leadership Team and Support Continued Growth
NEW YORK, NY & SAN JOSE, CA – June 14, 2006 —CashEdge, a leading provider of online financial applications, today announced the appointment of Paul Grantham to the role of chief operating officer. Based in the San Jose office, Grantham will be responsible for Engineering, Operations, Customer Support and Professional Services.
Grantham most recently served as VP of Software and Information Systems at Covad, a $450 million public telecom company. In that role, he was responsible for engineering, operations, application support and was part of the team that led the company’s turnaround. In his prior position, Grantham was the VP of Global Technical Integration at Charles Schwab where he developed and implemented the technical and applications vision for the firm’s international expansion. Previously, he worked at DHL as the director of Systems Architecture and Component Engineering, and as a program manager at Xerox Parc. Earlier in his career he was a systems manager at Bank of America. Grantham earned his B.A. in Mathematics from Kalamazoo College and his M.S. in Mathematics from Michigan State University. He conducted his graduate work in Computer Science and Operations Research at the University of California at Berkeley.
“I am very pleased to have Paul join our executive leadership team, where we will benefit from his varied experience in engineering and operations at several financial service and telecom companies,” said Sanjeev Dheer, CEO of CashEdge. “CashEdge has enjoyed steady company expansion for the past few years, and expectations for future growth are even greater. Paul’s leadership and experience will help ensure we harness this potential and fully realize the growth opportunities before us.”
“CashEdge’s opportunities for growth seem limitless. I’m excited to apply my experience and help scale the company to deliver against an abundance of new business demands,” said Grantham. “Looking at how the financial technology industry is growing and how well positioned CashEdge is to capture and serve this exploding market, I feel very fortunate to have joined such an innovative team at such an exciting time.”
About CashEdge
CashEdge® provides innovative, online financial applications to banks, credit unions and wealth management firms. CashEdge's solutions include end-to-end online account opening and funding, funds transfer, small business payments and invoicing, and data consolidation. These proven solutions are flexible, scalable and supported by extensive risk management capabilities.
CashEdge has been ranked by Inc. Magazine as one of the 500 fastest growing private companies in the United States for two years in a row. In 2007 it was also recognized by the 2007 Deloitte Technology Fast 500 and Fast 50 as one of the nation's 500 fastest growing private companies and one of the 50 fastest growing companies in the New York area, respectively. The company currently serves hundreds of leading financial institutions including four of the top five banks, 23 of the top 100 banks, and 20 of the top 100 credit unions. CashEdge has offices in New York, Silicon Valley and India. For more information, please visit www.cashedge.com.
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