Working capital finance platform PrimeRevenue has appointed Ken Dummitt as its Executive Vice President of Global Sales and Marketing.
Mr. Dummitt joins PrimeRevenue from SunGard Financial Systems where he served in several positions over the course of 22 years. In his most recent position as Group President, he oversaw major accounts and international distribution.
Prior to that Mr. Dummitt was President of SunGard’s Corporate Liquidity division, a provider of liquidity management software to corporations and banks worldwide. According to his LinkedIn page he transformed the unit into a high margin, high growth business while nearly quadrupling revenue. He also consolidated six domestic and international units into one entity while shedding two overseas units.
Mr. Dummitt has received several nods as one the Top 100 Most Influential People in Finance from both CFO and Treasury & Risk magazines.
“We are very pleased to add Ken to our executive team. His experience in leading global sales and marketing combined with his intimate knowledge of the financial technology space will be instrumental in further accelerating PrimeRevenue’s rapid growth to the next level and beyond,” PrimeRevenue CEO PJ Bain said.
Mr. Dummitt holds an undergraduate degree from Harvard and an MBA from the Richard Ivey School of Business.