Mitek Names SaaS Veteran Jeff Davison as Chief Financial Officer
June 21 2017 - 4:22PM
Mitek (NASDAQ:MITK (www.miteksystems.com), a global leader in
mobile capture and identity verification software solutions, today
announced that Jeff Davison has joined the company as Chief
Financial Officer, effective June 21, 2017.
“Jeff brings a wealth of financial, operational and
public company experience, and extensive SaaS expertise that will
be a tremendous asset to our leadership team as Mitek continues to
evolve into a leading SaaS ID verification provider,” said James
DeBello, Chairman and CEO, Mitek. “The Board of Directors and I are
delighted to welcome Jeff and look forward to his contribution as
we move forward with our aggressive growth plan. Delivering over 50
percent growth in our ID business in the second quarter, Mitek
continues to gain momentum with our industry leading mobile ID
verification offering, which squarely addresses the over $10
billion and growing identity and access management market.”
Mr. Davison has more than 25 years of experience in
the financial operations and management of technology companies,
including serving as CFO at RightNow Technologies, a successful
SaaS CRM company. During his 12-year tenure at RightNow, he played
a key role in taking RightNow from a privately held company through
a successful IPO and ultimately its $1.8 billion acquisition by
Oracle. He was instrumental in executing RightNow’s acquisition
activities, completing four acquisitions, and also served as VP
Sales Operations and VP Finance and Operations. Mr. Davison also
previously served as an SVP at NetSuite, CFO of Outbrain, and in
senior finance and sales positions at other leading tech
companies.
“This is an exciting time for Mitek as the company
continues to emerge into a global leader in SaaS identity
verification,” said Davison. “I am thrilled to join the talented
leadership team as they continue to grow the business and further
expand their presence in this large and growing industry, and I
look forward to driving increased shareholder value."
Mr. Davison will replace Russ Clark, who is leaving
the company to pursue other opportunities. “On behalf of the Board,
I would like to thank Russ for his extraordinary contributions to
Mitek over the last five-plus years, and we wish him the best in
his future endeavors,” added DeBello.
About MitekMitek (NASDAQ:MITK) is
a global leader in mobile capture and identity verification
software solutions. Mitek’s ID document verification allows an
enterprise to verify a user’s identity during a mobile transaction,
enabling financial institutions, payments companies and other
businesses operating in highly regulated markets to transact
business safely while increasing revenue from the mobile channel.
Mitek also reduces the friction in the mobile users’ experience
with advanced data prefill. These innovative mobile solutions are
embedded into the apps of more than 5,600 organizations and used by
tens of millions of consumers for mobile check deposit, new account
opening, insurance quoting, and more. For more information, visit
www.miteksystems.com or www.miteksystems.co.uk. (MITK-F)
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Mitek Contact:
Ann Reichert
Senior Director of Marketing
pr@miteksystems.com
Katherine Verducci
MIX Public Relations
pr@mix-pr.com
Mitek Investor Contacts:
Todd Kehrli or Jim Byers
MKR Group, Inc.
mitk@mkr-group.com
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