Velocity Global establishes board of directors
Velocity Global
5-member board chaired by founder and CEO, Ben Wright Directors guide company with expertise in compliance, global employment, and significant planned growth FFL Partners holds two seats following $100M growth investment in April Velocity Global, the leading provider of global employment solutions, established its board of directors to guide the company’s scale as the largest global Employer of Record (EoR) in 185 countries and all 50 United States. The five-member board is chaired by Ben Wright, Velocity Global founder and CEO. “We established a board of directors to bring in next-level business leaders as we welcomed our first outside investment and increased scale through our first acquisition,” said Wright. “Velocity Global accelerates the future of work for businesses that install remote teams for a myriad of reasons, from new work-from-anywhere models to revenue growth in new markets. The board provides additional perspective to our talented leadership team as remote work comes into its own and businesses increasingly separate their workforce from the workplace.” The directors contribute expertise in global employment and compliance, and will help chart the company towards significant scaled growth in the coming years. FFL Partners holds two seats on the board following its $100 million growth investment announced last month. That investment was used in part for Velocity Global’s acquisition of iWorkGlobal. Brands rely on Velocity Global’s expertise and global infrastructure to employ a compliant global workforce without the cost or complexity of setting up their own foreign legal entities or state registrations. As the Employer of Record, Velocity Global manages its clients’ workforce through in-country and in-state compliance, payroll, and benefits for the supported employees. Velocity Global’s offerings also include Independent Contractor Compliance to assess a workforce and Agent of Record (AoR) to streamline payments to contractors globally. The company’s platform combines these elements with a personalized customer experience focused on people first, best-in-breed technology, and increased scale for companies to grow their remote workforce. The Velocity Global board of directors includes: Ben Wright, Founder, Chairman, and CEO, Velocity Global Ben Wright leads strategy and growth of Velocity Global and its hundreds of global team members. He applies two decades of experience supporting companies' global business and remote teams. Wright founded Velocity Global in 2014 as a revolutionary way for companies to expand and hire across global markets. He is a recognized expert on the future of work and global expansion strategies. Wright was a national finalist for EY's Entrepreneur of the Year. He holds a B.B.A. in Accounting from the Mendoza College of Business at the University of Notre Dame. Jonathon Bunt, Director, FFL Partners Jonathon Bunt joined FFL in 2017. His experience includes a leadership role at GuideSpark, Inc. an enterprise software-as-a-service technology company, as well as co-founder and CEO of byUs.com, a consumer services software company. Bunt began his career in private equity with Goldman Sachs in New York and Berkshire Partners in Boston. He adds Velocity Global to his current board positions for Accordion, ALKU, Maestro, and ProService. Bunt graduated magna cum laude from Princeton University with a B.S.E. in Mechanical & Aerospace Engineering and earned an M.B.A with distinction from Harvard Business School. Tim Callahan, CEO, GovQA Tim Callahan is the CEO of GovQA, the leading provider of automated compliance workflow software for government. Callahan took the executive role at GovQA in 2020. Previously, he served as President of Streamline & Celergo for global payroll software and services provider ADP. Prior to that, he was CEO of Celergo LLC, a global payroll management company, before Celergo’s acquisition by ADP in 2018. Prior to Celergo, Callahan enjoyed a 28-year career in the global mobility industry as president and COO of Graebel Relocation Services and senior vice president of global sales and marketing for SIRVA, Inc. He holds a B.A. in History from Fairfield University. Robert Schlossman, Chief Legal Officer, Zscaler, Inc. Robert Schlossman has served as Chief Legal Officer for Zscaler, the leader in cloud security, since February 2016. He is a key legal and business advisor to CEOs, management teams, and boards of directors of public, private equity, and venture capital backed companies. He applies his expertise to guide companies through major transformations including IPOs, M&A transactions, spinoffs, international expansion, and introduction of new products and sales channels. Prior to joining Zscaler, he served as the chief legal officer of several technology companies. Schlossman holds a J.D. from the University of California, Berkeley School of Law, as well as a M.A. and B.A. in English from Stanford University. Cas Schneller, Managing Partner, FFL Partners Cas Schneller joined FFL in 2006. He is responsible for overall management of the firm and leads FFL’s Business Services investment activities. Previously, he worked at GTCR, a Chicago-based private equity firm. Schneller also worked at William Blair & Company as an analyst in the M&A group and at Luxor Capital Group as an investment analyst. He is on the board of Velocity Global and Accordion and serves as the Chairman of the Board of American Advisors Group, ALKU and ProService. He previously served on the Board of Directors of Crisis Prevention Institute as well as several other FFL portfolio companies. Schneller graduated summa cum laude from the University of Notre Dame with a B.B.A. in Finance and Business Economics and earned an M.B.A. from the Harvard Business School. Learn more about Velocity Global’s leadership team here. ABOUT VELOCITY GLOBAL Velocity Global accelerates the future of work beyond borders. Its platform enables businesses to employ remote teams and expand internationally through global expertise, best-in-breed technology, and scale. More than 700 brands rely on its Employer of Record model and infrastructure, also called an International PEO (Professional Employer Organization), in 185 countries and all 50 United States to compliantly employ thousands of supported employees, access global talent, and grow revenue. Named a “Leader” in Global Employer of Record services by prominent analyst firm NelsonHall, Velocity Global is a strategic partner to its clients through additional comprehensive services including Immigration, Independent Contractor Compliance to assess a workforce, and Agent of Record (AoR) to streamline payments to contractors globally. Founded in 2014, the company is headquartered in Denver, Colorado, with regional headquarters in Amsterdam, Bogotá, and Singapore, with local employees in 16 countries. Contact Details Velocity Global Eli Rice +1 720-650-4348 EliRice@velocityglobal.com Company Website https://velocityglobal.com/
May 11, 2021 07:02 AM Mountain Daylight Time