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EverCommerce Strengthens Board with New Leadership Appointment

EverCommerce Strengthens Board with New Leadership Appointment

EverCommerce Welcomes New Board Member

EverCommerce Inc. (NASDAQ: EVCM), a top provider of SaaS solutions tailored for service-based small and medium businesses (SMBs), is excited to announce that Alexi Wellman has joined its Board of Directors. This important decision highlights the company’s commitment to strong governance as it strategically pursues growth and innovation.

Experience and Expertise of Alexi Wellman

Effective immediately, Alexi Wellman is joining the EverCommerce Board, bringing with her a wealth of experience in finance, operations, and corporate governance. She has a proven track record of success in various executive roles and has made significant contributions to every organization she has been part of. Before this, Ms. Wellman was the CEO and CFO at Altbaba, Inc. and served as the global controller at Yahoo Inc., showcasing her capability to lead in challenging environments.

Key Contributions from Existing Leadership

Eric Remer, the CEO and Chairman of the Board, expressed his excitement in welcoming Alexi to the team, noting the vital skills she brings that align seamlessly with EverCommerce’s mission. Her extensive knowledge in accounting, audit practices, and financial management is poised to strengthen the company’s strategic outlook as it continues to support its diverse client base.

Committee Role and Impact

Once on the Board, Ms. Wellman will actively participate in the Company’s Audit Committee, helping ensure EverCommerce upholds high standards of financial oversight and governance. With her leadership experience, including her previous roles as a CFO and CPA, she is well-positioned to make significant contributions to the Company’s operational integrity.

Involvement with Other Organizations

Apart from her role at EverCommerce, Ms. Wellman is also on the Board of Directors for several public companies, including ESS Tech, Inc. (NYSE: GWH) and Werner Enterprises (NASDAQ: WERN). In these capacities, she leads the Audit Committees, further highlighting her expertise and dedication to corporate governance.

Transitioning Board Members

As part of this new appointment, EverCommerce has announced that Debby Soo, a current Board member, will be leaving the Company’s Board effective October 31. Eric Remer took the time to express gratitude to Debby for her valuable contributions and insights during her tenure, recognizing the growth the Company experienced while she was part of the Board.

About EverCommerce

EverCommerce (NASDAQ: EVCM) is a leader in service commerce, providing specialized, integrated SaaS solutions to over 690,000 global service-oriented businesses. The company is dedicated to improving operational efficiencies and client retention through its innovative digital and mobile applications. With a product lineup that includes EverPro, EverHealth, and EverWell, EverCommerce delivers comprehensive business management software, payment processing solutions, and marketing tools across various industries such as Home, Health, and Wellness.

Reaching More Clients with Enhanced Services

Through its technology solutions, EverCommerce greatly enhances how service businesses operate, positioning them to succeed in an increasingly competitive environment. By simplifying processes and fostering seamless customer interactions, the company remains focused on empowering service providers to deliver exceptional value to their clients.

Investor and Media Contact Information

If you'd like more information about EverCommerce, you can reach out to the Investor Relations department led by Brad Korch, who is the SVP and Head of Investor Relations. He’s available at 720-796-7664 or via email at IR@evercommerce.com. For media inquiries, you can contact Jeanne Trogan, Vice President of Communications, at 512-705-1293 or at Press@evercommerce.com.

Frequently Asked Questions

What new role has Alexi Wellman taken on?

Alexi Wellman has been appointed to the Board of Directors of EverCommerce, effective immediately.

What experience does Alexi Wellman bring to EverCommerce?

She has extensive experience in financial management, operations, and corporate governance from her previous roles as CEO and CFO.

What committee will Ms. Wellman serve on?

Ms. Wellman will serve on the Company's Audit Committee, utilizing her financial expertise.

Is any current board member leaving EverCommerce?

Yes, Debby Soo will be departing from the Board effective October 31.

How does EverCommerce support service-based businesses?

EverCommerce offers integrated SaaS solutions designed to facilitate growth, streamline operations, and enhance client retention for service businesses.

About The Author

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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