RCS - Trintech, Inc. - Trintech Announces Darren Heffernan as New CEO

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13/04/2023 17:45

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RNS Number : 0394W  Trintech, Inc.  13 April 2023

Trintech Announces Appointment of Darren Heffernan as New CEO

Teresa Mackintosh to become Executive Chair of Board of Directors

DALLAS, TX / ACCESSWIRE / April 13, 2023 / Trintech
(https://pr.report/YelPo94J) , a leading global provider of cloud-based
financial close solutions for the Office of Finance, today announced that
Darren Heffernan, President & Chief Operating Officer, will become the
company's next Chief Executive Officer, effective May 1, 2023. Heffernan will
succeed Teresa Mackintosh, who will transition to Executive Chair of the
Trintech Board of Directors, after a successful seven-year tenure leading the
company.

Heffernan, who has been with Trintech since 2001, has held a number of
strategic and corporate development roles throughout his tenure at the
company. He has been instrumental in driving significant growth in his
capacity as CFO and President & COO, as well as through his involvement in
the company's international business expansion. Heffernan's diverse experience
and deep industry knowledge will inform his stewardship of Trintech's
continued focus on the company's operational excellence and commitment to
client service, partnership and growth.

Prior to Trintech, Heffernan held various finance and operational positions,
driving innovation with companies like GE, Paramount / Universal Studios, IAWS
and Anglo American.

As Executive Chair, Mackintosh will continue to work closely with Heffernan
and Trintech's leadership team to ensure a smooth and successful transition.
She is steadfast in her commitment to advancing Trintech's position as a
leading global SaaS provider for the Office of Finance.

"I am incredibly proud of all that we have accomplished over the past seven
years," said Mackintosh. "The team's unwavering commitment to serving our
customers and supporting our partners has been astounding. I am excited to now
welcome Darren as Trintech's next CEO. Darren has been critical in driving
Trintech's growth for over twenty years, and his passion for innovation and
deep understanding of our company culture is unmatched. Darren's focus on
operational excellence will help us to meet and exceed the evolving needs of
our expanding client base while also driving Trintech's growth trajectory. I
look forward to our continued partnership in my new role as Executive Chair."

"On behalf of the Board of Directors, I want to extend my sincerest gratitude
to Teresa for her exemplary leadership throughout these past seven years,"
said Pete Rottier, Managing Director of Summit Partners. "Under her
leadership, Trintech tripled its revenue, solidifying its position as a leader
and trusted partner in the global SaaS market for the Office of Finance. The
Board is looking forward to Trintech's continued growth under Darren's
leadership. With his strong strategic, financial, and operational background,
and clear dedication to the company's business and customers, we believe
Darren is the ideal person to lead Trintech forward in the years to come."

"It is a tremendous honor to serve as Trintech's next CEO," said Heffernan.
"Teresa has been an incredible leader and colleague, and I am privileged to
have worked alongside her for the past several years. I want to thank both
Teresa and the entire Board for their support and confidence. I look forward
to continuing our commitment to deliver better solutions and innovative
services for our clients, collaborating with our global partners, expanding
our business with exciting new opportunities for growth and building the
company with the help of our tremendous employees."

About Trintech

Trintech (https://pr.report/UqrKPjCR) , a leading global provider of
cloud-based, integrated reconciliation and financial close solutions for
Finance & Accounting departments. From high volume transaction matching,
to automating and managing balance sheet reconciliations, intercompany
accounting, journal entries, close management tasks, to governance, risk and
compliance - Trintech's portfolio of financial solutions, including its
Cadency (https://pr.report/8saZSt0A) (® (https://pr.report/8saZSt0A) )
Platform (https://pr.report/8saZSt0A) (for large enterprises) and Adra
(https://pr.report/K8zCEFyl) (® (https://pr.report/K8zCEFyl) ) Suite
(https://pr.report/K8zCEFyl) (for mid-market organizations), help manage all
aspects of the reconciliation and financial close processes. Trintech's
excellence in both innovation and client support have been recognized with a
variety of awards over the years including most recently "Easiest to Do
Business With" and "Fastest Implementation" in G2's Fall 2022 Report
(https://pr.report/7PCINhMQ) . Over 3,500 clients worldwide - including the
majority of the Fortune 100 - rely on Trintech's solutions to enable their
F&A operation to become a strategic partner to the business by controlling
risk, driving efficiencies, and providing strategic insights.

Headquartered in Plano, Texas, Trintech has offices located across the United
States, United Kingdom, Australia, Singapore, France, Germany, Ireland, the
Netherlands, and the Nordics, as well as strategic partners in South Africa,
Latin America, and the Asia Pacific. To learn more about Trintech, visit
www.trintech.com (https://pr.report/o3mRCeGM) or connect with us on LinkedIn
(https://pr.report/URSvwzti) , Facebook (https://pr.report/orW0lpFK) , Twitter
(https://pr.report/DXYna7Ee) and Instagram (https://pr.report/3BCEXqk0) .

Media Contact:

Kelli Shoevlin

Director, Global Corporate Marketing & Communications

kelli.shoevlin@trintech.com

SOURCE: Trintech

 

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