eCredit Appoints Jeff Dickerson Chief Executive Officer, Names New Board Chairman
DEDHAM, Mass., Nov. 19 /PRNewswire/ -- eCredit, the leading provider of Web-based credit and collections automation applications, today announced that Jeff Dickerson, President of the company since September 2003, has been appointed Chief Executive Officer and a member of the board of directors, effective immediately. Dickerson succeeds Deepak Verma, who leaves eCredit after five years to pursue other opportunities and spend more time with his family.
The company also announced that Shamez Kanji of North Hill Ventures has been appointed to the position of chairman of its board of directors. An eCredit director since June 2004, Mr. Kanji replaces Christopher H. Richmond, who will remain as an active board member.
"The eCredit board of directors enthusiastically supports the appointment of Jeff Dickerson as the company's new Chief Executive Officer," said Shamez Kanji. "Since he joined the company, Jeff has been instrumental in solidifying relationships with existing customers and forging new ones with industry-leading companies. As we enter this next stage of corporate growth, Jeff's deep domain knowledge from his sales-focused position as President will be instrumental as he works closely with the rest of the management team and board to continue to execute our growth strategy."
In the past eighteen months, eCredit has experienced a considerable increase in market demand for its credit and collections product suite. On track for 250 percent growth in year over year sales, the company is executing on its strategy for growth developed by Dickerson and Verma, and is well- positioned to continue to achieve significant, sustainable market penetration in trade receivables management.
"As CEO of eCredit, I am committed to continue building a closer, more collaborative bond with our customers," said Jeff Dickerson. "My pledge to them is to deliver unparalleled customer service with credit and collections solutions that help them run their businesses more successfully. My internal focus will be to work with our employees to create a corporate culture we can all be proud of, and one that rewards initiative and the pursuit of excellence."
About eCredit
Since 1993, eCredit has delivered credit risk management and collections software and services to Fortune 1000 companies and financial institutions. The company improves credit and collections decision-making practices to deliver process efficiencies, optimized risk management, reduced operating costs, and increased revenues. Included among the company's customers are ChevronTexaco, Cisco, Cargill, Sun Microsystems, and Ryder System, Inc. Headquartered in Dedham, Massachusetts, eCredit is funded by Apex Venture Partners, Internet Capital Group (Nasdaq:ICGE), North Hill Ventures and Sterling Venture Partners. For additional information, visit eCredit on the Web at ecredit.com.
Press Contacts
Alex Cote
eCredit
(781) 752-1287
acote@ecredit.com
Christiaan Vorkink
Miller Consulting Group
(617) 262-1800
cv@millergrp.com
SOURCE eCredit
CO: eCredit
ST: Massachusetts
SU: PER
Web site: ecredit.com
prnewswire.com
11/19/2004 10:13 EST |
