CheckFree announced the addition of Michael Meriton as senior vice president of the Company, and president of Corporate Commerce Solutions, a unit of CheckFree’s Software Division. He will be responsible for all elements of the CCS business and will report directly to CheckFree Software Division President Sean Feeney.
CheckFree’s CCS business unit provides a portfolio of leading-edge software targeted toward essential reconciliation and compliance operations of financial services and government institutions, corporations, retailers, and utilities worldwide.
Meriton brings to CheckFree more than 17 years of leadership in executive management and sales at ADP, ORACLE and Dun & Bradstreet Software (now part of Geac Corporation). Most recently, he was the founder and general manager of JGI/BAAN, a mid-market systems integrator for enterprise resource planning (ERP) software from Baan Corporation, one of the top five suppliers of ERP solutions. This business, formed in early 1997, completed 1998 with more than 45 employees and contract revenues exceeding $15 million.
Meriton attributes JGI/Baan’s success to the concept of a “Software Reference Factory,” which focused all activities around creating highly referenceable customers. Prior to this, Meriton led Dun & Bradstreet Software’s Northeast region to become the Company’s top revenue-producing region worldwide in 1996. This achievement was based on targeting and winning contracts with leading firms in the financial services industry, including insurance, banking and brokerage firms.
“Mike Meriton is a proven software executive with a wealth of experience in the financial software industry, and is a strategic addition to our management team,” stated Feeney.
Meriton will work out of CheckFree’s CCS headquarters office in Owings Mills, Md.
Founded in 1981, CheckFree (), the operating subsidiary of CheckFree Holdings Corporation, is the leading provider of financial electronic commerce services, software and related products for more than 2.6 million consumers, 1,000 businesses and 850 financial institutions. CheckFree designs, develops and markets services that enable its customers to make electronic payments and collections, automate paper-based recurring financial transactions and conduct secure financial transactions on the Internet.Details