CashEdge Appoints John Rogers as Chief Financial Officer
Company Hires LogicaCMG Executive to Join Executive Leadership Team and Support Continued Growth
New York, NY & San Jose, CA – October 10, 2006 —CashEdge Inc. (www.cashedge.com) a provider of online financial applications, today announced the appointment of John Rogers to the role of chief financial officer. Based in the New York office, Rogers will be responsible for overseeing and driving the financial, accounting, tax and treasury functions at CashEdge.
Most recently, Mr. Rogers served as the Chief Financial Officer, North America at LogicaCMG, a major international organization in IT services and wireless telecom. Previously, he was the senior vice president and chief financial officer at Celox Networks, a network routing and IP service products company. His prior roles include executive and senior level management positions with ScanSoft, PADS Software, Cognex Corporation, Waters, and Bolt, Beranek and Newman. Mr. Rogers received his B.S. in Accounting from Bentley College and earned his CPA license while working at PricewaterhouseCoopers.
"It is a pleasure to welcome John to our team. His experience - decades of financial strategy and management experience working for growing international technology organizations including publicly held companies and start-up ventures - will be a tremendous asset to CashEdge," said Sanjeev Dheer, CEO of CashEdge. "As CashEdge continues to grow nationally and internationally, John's financial acumen and expertise will be critical in taking our company to the next level."
"I am delighted to join the team at CashEdge at such an exciting time. The company is poised to emerge as a leader in the booming financial technology industry," said John Rogers. "My skills and experience - overseeing acquisitions, managing investor relations for growing public companies, raising capital and leading IPO efforts - are a perfect fit with the company's innovative culture and continuing expansion," explained Rogers.
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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