CashEdge Appoints Paul Grantham as Chief Operating Officer
Company Hires Covad Executive to Join Executive Leadership Team and Support Continued Growth
NEW YORK, NY AND 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 for banks, credit unions and wealth management firms. CashEdge’s solutions include end-to-end online account opening and funding, funds transfer and data consolidation. These proven solutions are flexible, scalable and supported by extensive risk management capabilities. With CashEdge, financial institutions are able to create compelling online offerings that attract customers, generate revenues and reduce costs.
CashEdge serves more than 450 leading financial institutions, including such leading institutions as Bank of America, Citibank, and Royal Bank of Canada. CashEdge has offices in New York and Silicon Valley. For more information, please visit www.cashedge.com.