Kevin Hesselbirg Named Primatics Financial CEO
March 05 2013 - 8:00AM
Marketwired
Primatics Financial, the market-leading financial solutions
provider of loan accounting and valuation solutions, announced
today the appointment of its new CEO, Kevin J. Hesselbirg. Mr.
Hesselbirg becomes Chief Executive Officer effective immediately,
bringing with him 20 years of financial technology and global
management expertise at market-leading technology firms.
Prior to joining Primatics, Mr. Hesselbirg spent 14 years at
OpenLink Financial, a leading provider of cross-asset trading and
risk management solutions for energy, commodity and financial
service companies. During his tenure at OpenLink, Mr. Hesselbirg
served as CFO, COO, and most recently as CEO, growing the company
from less than $20 million in revenues and 100 professionals to
more than $325 million in revenues, a global team of 1,250
professionals and 500 global customers.
Remarking on Mr. Hesselbirg's impressive credentials, leadership
and depth of knowledge, Jeff Sant, Umar Syyid and Mike Therrien,
co-founders of Primatics Financial said, "We are excited to augment
our leadership team with Kevin's experience in the financial
services technology industry. Our ability to attract a leader with
Kevin's track record and knowledge reflects on Primatics' potential
for continued growth. We look forward to his leadership and skills
in driving and executing on the strategies that will further
enhance Primatics' position in the industry and further enable us
to assist our customers in solving complex challenges."
Mr. Hesselbirg said, "I am honored to collaborate with the
entrepreneurial founders of Primatics and to contribute to its
continued growth in the financial services industry. I look forward
to forging long-lasting and meaningful relationships with our
customers and continuing to foster a thought leading partnership
amongst our ecosystem of domain experts, business and customer
advisors and user community. Primatics has proven its ability to
create an ambitious, customer-focused, conscientious and innovative
culture, and I look forward to building on their success and market
momentum."
Charles Rossotti, Senior Advisor at The Carlyle Group and a
member of the Primatics Financial board, said, "Carlyle is excited
to partner with Primatics' seasoned management team and remarkable
employees. Our board is pleased to have attracted Kevin Hesselbirg
as our new CEO. Kevin is a proven leader in the financial
technology services industry. We are confident that he will take
the company to the next level of growth and service to our already
impressive customer base, and will build great shareholder value. I
look to his strong leadership, keen insight and fortitude as the
company continues to grow."
About Primatics Financial Primatics is the
leading provider of financial services solutions that enable
customers to better process, model and analyze loan portfolios,
comply with accounting and regulatory requirements and grow their
businesses. Through its enterprise-grade software and proven
business advisory services driven by strong domain expertise,
Primatics delivers timely, scalable, automated and controlled
results in today's changing market and regulatory environment.
Primatics is headquartered in McLean, Virginia, USA. For more
information visit: www.primaticsfinancial.com
About The Carlyle Group The Carlyle Group
(NASDAQ: CG) is a global alternative asset manager with $170
billion of assets under management across 113 funds and 67 fund of
fund vehicles as of December 31, 2012. Carlyle's purpose is to
invest wisely and create value on behalf of our investors, many of
whom are public pensions. Carlyle invests across four segments --
Corporate Private Equity, Real Assets, Global Market Strategies and
Solutions -- in Africa, Asia, Australia, Europe, the Middle East,
North America and South America. Carlyle has expertise in various
industries, including: aerospace, defense & government
services, consumer & retail, energy, financial services,
healthcare, industrial, technology & business services,
telecommunications & media and transportation. The Carlyle
Group employs 1,400 people in 33 offices across six continents.
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