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Avangate Names Jeff Hodges As Chief Financial Officer
Veteran CFO Brings over 20 Years of Deep eCommerce and Payments Industry Expertise to Avangate
Redwood Shores, CA - April 16, 2014 - Avangate, the leading Digital Commerce solution provider trusted by thousands of Software and Online Services companies across more than 100 countries to grow their business worldwide, today announced the appointment of Jeff Hodges as Chief Financial Officer.
"We're excited to have Jeff join the Avangate team to help support our continued rapid growth trajectory," said Carl Theobald, President and CEO of Avangate. "Jeff has a proven track record with over 20 years of experience in taking companies to the next level and establishing corporate revenue growth and internal efficiencies in both private and public companies."
"In the last 5 years in the payments industry, the shifts in the buyer journey is increasing the need to not only support multiple business models and rapid product and pricing optimization, but to do so on a global scale. This is driving demand away from purely payment-centric solutions to more complete commerce-centric solutions," said Jeff Hodges, CFO for Avangate. "I'm thrilled to join Avangate as the Company delivers on its mission to be the best Digital Commerce solution for Software, SaaS and Online Services companies."
Prior to Avangate, Hodges was the Chief Financial Officer and Senior Vice President of Official Payments Holdings, Inc. Previously, Mr. Hodges served as CFO of Firethorn Holdings LLC and as CFO, SVP and Corporate Secretary of PRE Solutions Inc. and nFront, Inc. where he led its initial public offering. He is a Certified Public Accountant and a graduate of Auburn University with a degree in accounting.
About 2Checkout (now Verifone)
Verifone is the payments architect shaping ecosystems for online and in-person commerce experiences, including everything businesses need – from secure payment devices to eCommerce tools, acquiring services, advanced business insights, and much more. As a global FinTech leader, Verifone powers omni-commerce growth for companies in over 165 countries and is trusted by the world’s best-known brands, small businesses and major financial institutions. The Verifone platform is built on a four-decade history of innovation and uncompromised security, annually managing more than 12B transactions worth over $500B on physical and digital channels.
Verifone’s 2Checkout platform is an all-in-one monetization solution helping clients drive global sales growth across online channels. Its digital services, including global payments, subscription billing, merchandising, taxes, compliance and risk, help clients stay focused on innovating their products while delivering exceptional customer experiences.
Get more information at www.2checkout.com
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