Top Finance Executive from PaySafe Group Will Guide Financial Operations, M&A Opportunities and Investor Relations for Continued Growth & Success
Atlanta, GA and London, UK, September 19, 2016 - Blancco Technology Group (LON: BLTG) today announced it has appointed Keith Butcher as its Chief Financial Officer, effective September 19, 2016. In his new role, Butcher will work side-by-side with CEO, Pat Clawson, to identify, evaluate and engage in key opportunities, including financial modeling, cost cutting, M&A opportunities and investor relations.
Butcher will also join the Board of Directors in October 2016 and will report directly to Pat Clawson, Blancco Technology Group's Chief Executive Officer. At that time, the company's longtime CFO, Jog Dhody, will resign from the company and the Board.
I am delighted to welcome Keith into his new role and to the Board of Directors, said Pat Clawson, CEO of Blancco Technology Group. Keith's deep knowledge and experience in guiding public companies on the London Stock Exchange make him highly qualified to take on the CFO role. I'm confident his financial acumen and M&A expertise will help position us for long-term growth and success. I'd also like to thank Jog Dhody for his dedication and valuable contributions over the last four years and wish him luck in his future endeavors.
I'm pleased to join Blancco Technology Group, said Keith Butcher, newly appointed Chief Financial Officer of Blancco Technology Group. The company is uniquely positioned as the dominant leader in the data erasure market and has a tremendous opportunity to increase its value to enterprise businesses that must erase data permanently and verifiably to accommodate customer demands and regulatory requirements.
Over the course of his career, Butcher has held CFO roles at several high-growth technology and e-commerce companies, including PaySafe Group, Flomerics and DataCash Group. In each of these roles, he played an instrumental role in streamlining costs, improving investor relations and guiding the companies through successful mergers and acquisitions. During his tenure as CFO at PaySafe Group, formerly known as Optimal Payments, Butcher guided the company through three significant acquisitions that helped transform the company into a £2 billion business. This included the company's successful acquisition of Skrill in 2015 for 1.1 billion, which propelled PaySafe Group into the FTSE 250.
Butcher concluded, Being a CFO is more than simply safeguarding corporate assets, streamlining costs and producing sets of accounts. It's about monitoring the company's current finances, while also keeping a strategic eye on shaping the future of the business. To do this, it's important to make sure teams are adequately supported with the necessary resources and to engage in opportunities that deliver added value and significantly increase the company's market share. These will be key focus areas in my role and I am looking forward to helping the company continue its growth and success.
About Blancco Technology Group Blancco Technology Group is a leading global provider of mobile device diagnostics and secure data erasure solutions. We help our clients' customers test, diagnose, repair and repurpose IT devices with the most proven and certified software. Our clientele consists of equipment manufacturers, mobile network operators, retailers, financial institutions, healthcare providers and government organizations worldwide. The company is headquartered in Alpharetta, GA, United States, with a distributed workforce and customer base across the globe.
Blancco, a division of Blancco Technology Group, is the global de facto standard in certified data erasure. We provide thousands of organizations with an absolute line of defense against costly security breaches, as well as verification of regulatory compliance through a 100% tamper-proof audit trail.
SmartChk, a division of Blancco Technology Group, is a global innovator in mobile asset diagnostics and business intelligence. We partner with our customers to improve their customers' experience by providing seamless solutions to test, diagnose and repair mobile assets. SmartChk provides world-class support, pre and post implementation, allowing our customers to derive measurable business results.
Media Contacts: SHIFT Communications for Blancco Technology Group (US)
David Heffernan, Account Manager
T: (617) 779-1839
E: blancco@shiftcomm.com
SAY Communications for Blancco Technology Group (Europe)
Robert Hickling, Senior Account Manager
T: 44 (0) 20 8971 6427
E: blancco@saycomms.co.uk
The Hoffman Agency for Blancco Technology Group (APAC)
Miyuki Washino, Senior Consultant
T: 81 3 5159 5750
E: blanccoapac@hoffman.com
Blancco Technology Group
Ragini Bhalla, Senior Director of Global Communications
E: ragini.bhalla@blanccotechgroup.com
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Top Finance Executive from PaySafe Group Will Guide Financial Operations, M&A Opportunities and Investor Relations for Continued Growth & Success
