Industry Veteran Joins Verifi During Period of Explosive Growth & Global Expansion
LOS ANGELES, CA;June 14, 2016 –Verifi, Inc., the leading provider of payment and risk management solutions for card-not-present merchants, today announces the hiring of industry veteran, Ronald B. Cushey as Senior Vice President and Chief Financial Officer.
In his new position, Mr. Cushey will be responsible for partnering with the senior management team in helping to drive the strategic growth of the business. He will help support the current international strategy expansion as well as focus on supporting the financial operations of Verifi.
Mr. Cushey brings over 35 years of executive, financial expertise to the company and most recently served as Vice President of Financial Planning and Analysis at Hulu where he established and implemented FP&A best practices and developed a world class FP&A organization. In this role, he was responsible for driving analysis of the business and clearly defining and communicating the company’s financial strategy and vision for new levels of growth and profitability. Prior to Hulu, Mr. Cushey was the Vice President of Finance, Control & Administration at Sony Network Entertainment (SNE) where his responsibilities included driving all domestic and international financial analysis and reporting, financial and accounting processes and controls, SOX compliance, risk management, treasury functions, facilities and other related activities.
He joined SNE from PricewaterhouseCoopers (PwC) where, as Managing Director of the Los Angeles office, Mr. Cushey oversaw such client activities as acquisition integration analysis, new media and convergence initiatives, market analysis, licensing management, piracy issues, SOX compliance, and asset securitizations and financial due diligence. Previously he served as Executive Vice President and Chief Financial Officer of various entertainment and media companies including, LIVE Entertainment, , The Hollywood Stock Exchange and Nelson Holdings International Ltd./Nelson Entertainment Group. Mr. Cushey is a CPA in the state of California.
“We are thrilled to have Ron join our team, especially at this time of explosive growth,” said Matthew Katz, Founder and CEO of Verifi. “Our aggressive global expansion combined with the recent 117% increase in our award winning, Cardholder Dispute Resolution Network (CDRN) illustrates the quality of our offerings and our team looks forward to working with Ron to build on these success and through this exciting time.”
Verifi, an award-winning provider of end-to-end payment protection and management solutions, was founded in 2005 to help merchants effectively manage the payments challenges they face every day. Verifi helps merchants safely process payments, combat fraud, prevent and resolve costly chargebacks, as well as increase billings and keep loyal customers. Verifi’s best-in-breed solutions and white glove support are trusted by a wide range of industries, from emerging companies to the Fortune 500. Headquartered in Los Angeles, California, the company processes more than $20 billion transactions annually and currently serves more than 12,000 accounts globally. For more information, visit: www.verifi.com.
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