EverCommerce Welcomes Alexi Wellman to Board of Directors

EverCommerce Welcomes a New Member to Its Board of Directors

EverCommerce Inc. (Nasdaq: EVCM), a premier provider of SaaS solutions designed for service small and medium businesses (SMBs), is making a significant move by appointing Alexi Wellman to its Board of Directors. This decision takes effect on September 23, signaling an important step in the company's ongoing growth strategy.

Alexi Wellman's Appointment Brings Valuable Expertise

Eric Remer, the CEO and Chairman of the Board of EverCommerce, expressed excitement over Alexi Wellman's addition, noting her extensive background in operations, financial management, and corporate governance. These skills are expected to bolster the company's strategic endeavors.

Experience in Financial Oversight

Alexi Wellman's impressive resume encompasses roles such as CEO and CFO of Altbaba, Inc. Additionally, her previous positions include vice president of finance and global controller at Yahoo Inc. Alongside her robust corporate experience, she has worked as a practicing CPA and audit partner at KPMG LLP. Upon joining the board, she will also contribute her knowledge to the Company's Audit Committee.

Leadership in Other Public Companies

Ms. Wellman is not only focused on EverCommerce; she also serves on the Board of Directors for other public organizations, including ESS Tech, Inc. (NYSE: GWH) and Werner Enterprises (Nasdaq: WERN). At both companies, she chairs the Audit Committees, further solidifying her reputation for financial oversight and governance.

Commitment to EverCommerce’s Mission

In light of her new role, Ms. Wellman shared her enthusiasm: "I am thrilled to join the Board of Directors at EverCommerce and apply my financial and governance experience to the Company’s mission of simplifying and empowering the lives of its SMB service business customers." This reflects not only a personal commitment but also a strategic alignment with the company's vision.

Board Composition Changes

Alongside Ms. Wellman's appointment, EverCommerce has announced that current Board member Debby Soo will depart from the board effective October 31. This transition highlights the company’s dynamic approach to governance and its focus on bringing in expertise that aligns with its growth ambitions.

Acknowledging Contributions

Eric Remer also took the time to express gratitude toward Debby Soo: "The Board of Directors, EverCommerce leadership and I thank Debby for her contributions over the past three and a half years. We appreciate the insight and expertise she brought to the Company." Such acknowledgments are vital in maintaining a positive and respectful corporate culture.

About EverCommerce

EverCommerce (Nasdaq: EVCM) stands as a leading service commerce platform, offering integrated SaaS solutions tailored for over 690,000 service-based businesses worldwide. The company’s solutions help these businesses accelerate growth, streamline operations, and boost customer retention. Through brands like EverPro, EverHealth, and EverWell, EverCommerce specializes in delivering innovative business management software, payment processing, marketing technology, and customer experience applications.

Investor and Media Contact Information

For inquiries related to investors, you can reach out to:

Brad Korch
SVP and Head of Investor Relations
720-796-7664
Email: IR@evercommerce.com

For media-related inquiries, please contact:

Jeanne Trogan
VP of Communications
512-705-1293
Email: Press@evercommerce.com

Frequently Asked Questions

What is EverCommerce's main business focus?

EverCommerce specializes in providing integrated SaaS solutions for service-based SMBs, helping them enhance growth and retention.

Who is the newly appointed Board member at EverCommerce?

Alexi Wellman has been appointed to the Board of Directors, bringing her extensive financial and governance experience.

What other companies does Alexi Wellman serve?

Ms. Wellman serves on the Boards of ESS Tech, Inc. and Werner Enterprises, where she chairs the Audit Committees.

What role does Alexi Wellman hold at EverCommerce?

Upon her appointment, Ms. Wellman will serve on EverCommerce's Audit Committee.

When did Debby Soo announce her departure?

Debby Soo's departure from the board of EverCommerce will take effect on October 31.

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/

Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.