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EverCommerce Welcomes Alexi Wellman to Board of Directors

EverCommerce Welcomes Alexi Wellman to Board of Directors

EverCommerce Welcomes a New Member to Its Board of Directors

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

Bringing Valuable Expertise to the Board

Eric Remer, the CEO and Chairman of EverCommerce, shared his excitement about Alexi Wellman joining the board, highlighting her extensive experience in operations, financial management, and corporate governance. Her expertise is anticipated to strengthen the company's strategic initiatives.

A Strong Background in Financial Oversight

Alexi Wellman has an impressive background, having served as CEO and CFO of Altbaba, Inc. Her past roles include vice president of finance and global controller at Yahoo Inc. Additionally, she has worked as a CPA and audit partner at KPMG LLP. As she joins the board, she will also lend her financial knowledge to the Company’s Audit Committee.

Leading Roles in Other Public Companies

Besides her role at EverCommerce, Ms. Wellman is also on the Board of Directors of other public firms, including ESS Tech, Inc. (NYSE: GWH) and Werner Enterprises (Nasdaq: WERN). She chairs the Audit Committees at both companies, further establishing her reputation in financial oversight and governance.

Commitment to the Mission of EverCommerce

Reflecting on her new position, Ms. Wellman stated, "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 expresses her personal commitment and aligns strategically with the company's vision.

Changes in Board Composition

Alongside Ms. Wellman's addition, EverCommerce has announced the upcoming departure of current Board member Debby Soo, effective October 31. This transition underscores the company’s proactive approach to governance and its focus on integrating expertise that aligns with its growth strategy.

Recognizing Contributions Made

Eric Remer took a moment to acknowledge Debby Soo’s contributions, stating, "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 expressions of gratitude are essential for fostering a positive and respectful corporate culture.

About EverCommerce

EverCommerce (Nasdaq: EVCM) stands out as a leading service commerce platform, providing integrated SaaS solutions to over 690,000 service-based businesses globally. The company’s services help these businesses grow, streamline their operations, and improve customer retention. With offerings like EverPro, EverHealth, and EverWell, EverCommerce focuses on delivering cutting-edge business management software, payment processing, marketing technology, and enhancing customer experiences.

Contact Information for Investors and Media

If you have inquiries related to investors, feel free to contact:

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

For media inquiries, please reach out to:

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, assisting them in enhancing growth and customer retention.

Who is the newly appointed Board member at EverCommerce?

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

What other companies does Alexi Wellman serve?

Ms. Wellman is also a board member at ESS Tech, Inc. and Werner Enterprises, where she chairs the Audit Committees.

What role will Alexi Wellman hold at EverCommerce?

Upon her appointment, Ms. Wellman will become a member of EverCommerce's Audit Committee.

When did Debby Soo announce her departure?

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

About The Author

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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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