PALO ALTO, Calif--(BUSINESS WIRE)--Science Exchange, the world’s leading and most secure platform for outsourced research and development (R&D), announced today it has appointed Jim Emerich as Chief Financial Officer (CFO).
In this role, Emerich will provide hands-on, metrics-driven financial leadership to help accelerate growth for the company. He will oversee and lead the budgeting and planning process, monitor and communicate progress of key business and financial objectives, and articulate the key drivers of cost and revenue.
“We are thrilled to welcome Jim to our management team. His track record of successfully navigating businesses through periods of financial growth speaks for itself,” said Elizabeth Iorns, Ph.D., co-founder and CEO of Science Exchange. “Science Exchange is in a period of rapid expansion, and Jim will play a key role as we take this business to the next level, helping us accelerate our profitability and guide our financial planning.”
Emerich brings more than 25 years of finance and operations experience to Science Exchange, with a history of boosting performance through fiscal analysis and strategy. Most recently, Emerich was the CFO of BrightEdge Technologies Inc. Previously, he served as CFO at Avangate Inc., Appiro Inc., and Mulesoft Inc. In addition, he has held executive finance roles at SalesForce.com, NotifyMe Networks, NBC Internet, Inc., LDM Technologies, Inc., and General Electric Plastics.
“I have been impressed with Science Exchange’s growth trajectory, the breadth of its service provider network, its client roster of the world’s top bio and pharma companies, and the strength of its current financial operations,” said Emerich. “The company has proven indispensable to both researchers and R&D organizations, helping to drive both efficiency and access to innovation. I look forward to working with the team to help guide Science Exchange through this next phase of growth and development.”
About Science Exchange
Science Exchange is the world's leading platform for outsourced research, providing an efficient procure-to-pay platform for ordering services from a network of more than 2,500 qualified scientific service providers, all with pre-established contracts in place that protect client intellectual property and confidentiality. The platform increases scientists' access to innovation and improves productivity, freeing them up from the administrative tasks and delays associated with sourcing, establishing and managing service provider contracts. Additionally, the Science Exchange enterprise program enables R&D organizations to consolidate research outsourcing spend into a single strategic relationship, driving efficiency and cost savings. Since being founded in 2011, Science Exchange has raised more than $58 million from Norwest Venture Partners, Maverick Capital Ventures, Union Square Ventures, Collaborative Fund, Index Ventures, OATV, the YC Continuity Fund, and others. For more information, visit http://www.scienceexchange.com. Follow the company on Twitter @ScienceExchange.