EverCommerce Announces Changes to Its Board Of Directors

Rhea-AI Summary

EverCommerce Inc. (Nasdaq: EVCM), a leading provider of SaaS solutions for service SMBs, has announced changes to its Board of Directors. Alexi Wellman will join the board effective September 23, 2024, serving on the Company's Audit Committee. Wellman brings extensive experience in operations, financial management, accounting, audit processes, and corporate governance from her roles as CEO and CFO of Altbaba, Inc., vice president of finance and global controller at Yahoo Inc., CFO of Nebraska Book Company, and as a CPA and audit partner at KPMG LLP.

Concurrently, Debby Soo will be leaving the Company's Board, effective October 31, 2024, after serving for three and a half years. EverCommerce CEO and Chairman of the Board Eric Remer expressed excitement about Wellman's appointment and gratitude for Soo's contributions.

Positive

• Appointment of Alexi Wellman to the Board of Directors, bringing extensive financial and operational expertise
• Wellman's experience as CEO, CFO, and board member of public companies strengthens EverCommerce's leadership
• Addition of Wellman to the Audit Committee, potentially improving financial oversight and governance

Negative

• Departure of board member Debby Soo, potentially losing valuable insights and expertise

DENVER, Sept. 20, 2024 (GLOBE NEWSWIRE) -- EverCommerce Inc. (Nasdaq: EVCM) (the “Company”), a leading provider of SaaS solutions for service SMBs, announced today the appointment of Alexi Wellman to its Board of Directors, effective Monday, September 23, 2024.

“We are excited to welcome Alexi to our Board of Directors,” said EverCommerce CEO and Chairman of the Board Eric Remer. “Alexi brings extensive experience in operations, financial management, accounting and audit processes and corporate governance that will serve us well in pursuing our growth strategy.”

Upon joining the EverCommerce Board, Ms. Wellman will serve on the Company’s Audit Committee, bringing substantial expertise from her roles as CEO and CFO of Altbaba, Inc., vice president of finance and global controller at Yahoo Inc., CFO of Nebraska Book Company and practicing CPA and audit partner at KPMG LLP.

Ms. Wellman also serves on the Board of Directors for public companies including ESS Tech, Inc. (NYSE: GWH) and Werner Enterprises (Nasdaq: WERN), where she is the Chair of both Boards’ Audit Committees.

“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,” said Ms. Wellman.

Alongside this appointment, EverCommerce is also announcing that current Board member Debby Soo will be leaving the Company’s Board, effective October 31, 2024.

“The Board of Directors, EverCommerce leadership and I thank Debby for her contributions over the past three and a half years,” said Remer. “We appreciate the insight and expertise she brought to the Company.”

About EverCommerce 

EverCommerce (Nasdaq: EVCM) is a leading service commerce platform, providing vertically-tailored, integrated SaaS solutions that help more than 690,000 global service-based businesses accelerate growth, streamline operations, and increase retention. Its modern digital and mobile applications create predictable, informed, and convenient experiences between customers and their service professionals. With its EverPro, EverHealth, and EverWell brands specializing in Home, Health, and Wellness service industries, EverCommerce provides end-to-end business management software, embedded payment acceptance, marketing technology, and customer experience applications. Learn more at  EverCommerce.com.

Investor Contact

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

Media Contact
Jeanne Trogan
VP of Communications
512-705-1293
Press@evercommerce.com

FAQ

Who is joining EverCommerce's Board of Directors?

Alexi Wellman is joining EverCommerce's Board of Directors, effective September 23, 2024.

What experience does Alexi Wellman bring to EverCommerce (EVCM)?

Alexi Wellman brings extensive experience in operations, financial management, accounting, audit processes, and corporate governance from her roles as CEO and CFO of Altbaba, Inc., vice president of finance at Yahoo Inc., CFO of Nebraska Book Company, and as a CPA and audit partner at KPMG LLP.

Which committee will Alexi Wellman serve on at EverCommerce (EVCM)?

Alexi Wellman will serve on EverCommerce's Audit Committee upon joining the Board of Directors.

Who is leaving EverCommerce's Board of Directors?

Debby Soo will be leaving EverCommerce's Board of Directors, effective October 31, 2024.

How long did Debby Soo serve on EverCommerce's (EVCM) Board?

Debby Soo served on EverCommerce's Board of Directors for three and a half years.