The Receivables Exchange Appoints Chief Marketing Officer
Steve’s breakdown: These guys are half collection agency and half financing company – I think. Truly wrapping ones head around this business model is half the challenge so if you’re hip to it, go for it.
NEW YORK, NY: The Receivables Exchange, the online marketplace for U.S. receivables sales, today announced the appointment of Gregory S. Kenepp as Chief Marketing Officer, responsible for the Company’s overall marketing strategy. Under Kenepp’s leadership, TRE will accelerate its expansion and growth into the $17 trillion dollar receivables market.
Kenepp will report to Justin Brownhill, Chief Executive Officer, and be based in the Company’s midtown Manhattan offices.
Prior to joining The Receivables Exchange, Kenepp served as Chief Marketing Officer for Intralinks, Inc., a leading global provider of Software-as-a-Service (SaaS) cloud based solutions for securely managing content, exchanging critical business information and collaborating within and among organizations. Earlier, he served as CEO of Violin Memory, Inc., an innovator in scalable memory appliances and technology as well as President of IPC Command Systems and COO of IPC Information Systems. IPC is a leading provider of financial trading communications solutions to the world’s leading financial service firms and global enterprises.
“Greg is an accomplished, world-class executive who brings to TRE significant experience in relevant technologies and industry verticals, with strong market analytics and sophisticated product promotion, demand generation, and interactive marketing abilities. We look forward to his contributions as we move to further accelerate already rapid organic growth in our core customer base, trading volume and market share,” Brownhill said.
“The Receivables Exchange is a truly innovative company that is transforming the way businesses manage their commercial receivables. Through their online marketplace and a competitive auction process, The Receivables Exchange lets businesses quickly and easily monetize and get cash for their receivables,” Kenepp said. “The company possesses tremendous market potential and I am thrilled to associate with such a talented team as we continue to drive the success of the business.”
Kenepp holds a Master’s degree in electrical engineering from Stanford University and a Bachelor’s degree in electrical engineering from Clarkson University.
About The Receivables Exchange
Established in 2007, The Receivables Exchange is a first-to-market, real-time online marketplace for working capital financing that provides a game-changing solution for both small and large U.S. companies. The Exchange connects a global network of accredited Buyers to businesses (Sellers) in search of flexible, affordable and continuous access to working capital. Buyers get direct access to a $17 trillion new asset class which comprises the largest asset class in the U.S. credit markets. Sellers gain prompt and highly cost-effective access to the capital they need, without onerous constraints. Learn more about how companies are improving cash flow by financing accounts receivable at www.receivablesXchange.com.