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- Release Date: 15/05/13 12:34
- Summary: OFFICE: DIL: Diligent Board Member Services - Appointment of CFO
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DIL
15/05/2013 10:34
OFFICE
REL: 1034 HRS Diligent Board Member Services INC (NS)
OFFICE: DIL: Diligent Board Member Services - Appointment of CFO
15 May 2013
Diligent Board Member Services, Inc. (Diligent)
Diligent is pleased to announce the appointment of Carl Blandino as its Chief
Financial Officer.
Mr. Blandino was previously Senior Vice President and Chief Financial Officer
at CashEdge, Inc., a U.S. software-as-a-service (SaaS) provider of a mobile
and online payments network and risk management services to financial
institutions. While Mr. Blandino was at CashEdge, Inc., the company
experienced an increase in revenue of 94% from 2007 to 2011. Mr. Blandino
contributed to the successful sale of the Company to Fiserv in June 2011.
Prior to this, he held CFO roles at other public and private companies
including Informed Medical Communications, and Open Solutions Inc. Open
Solutions Inc, with Mr. Blandino as CFO, completed a successful IPO in 2003
and a follow-on offering in 2004.
Diligent Chief Executive Officer Alex Sodi said, "Carl brings a deep
understanding of the global SaaS industry, and he has extensive experience
leading the finance organisation in both public and private companies. His
capabilities will benefit Diligent in the global landscape we now operate
in."
Chairman David Liptak stated, "His proven skill-set in corporate finance,
compliance, investor relations, human resources and system implementation
will be a timely addition to the executive team as the company continues to
grow internationally and across new industries."
Carl will start in his new role at Diligent immediately.
Mr. Blandino succeeds Steven Ruse, who will become Executive Vice President
of Finance. Mr Sodi thanked Mr. Ruse for his contributions and commitment to
Diligent over the past four years and said, "I am happy that Steve has
decided to stay with the company and assume the role of Executive Vice
President of Finance. His knowledge and support will be valuable as Carl
joins the company and transitions into the CFO role."
Investor inquiries:
Sonya Joyce
Phone: +64 4 894 6912
Media inquiries:
Geoff Senescall
Phone: +64 21 481 234
End CA:00236245 For:DIL Type:OFFICE Time:2013-05-15 10:34:53
