Corcentric Appoints Andrew Fones Chief Financial Officer and Georgia Herron Manager of Human Resources.Business Editors & Automotive Writers MCLEAN, Va.--(Automotive Wire)--June 28, 2001 Corcentric announced today the appointment of Andy Fones to the position of Chief Financial Officer (CFO See Chief Financial Officer. ) of the Company and the appointment of Georgia Herron to Manager of Human Resources. Reporting directly to Charles Floto, President of the Company, Fones will be responsible for financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against and development, investor relations, accounting, human resources and facilities management. Herron will report to Fones and in addition to management of human resources, will also be responsible for management of customer service. With over 20 years of experience in finance and public accounting, Mr. Fones' career has focused on developing financial systems and controls for emerging growth companies and has played an integral role in securing both debt and equity funding. Prior to joining Corcentric, Andy served as the COO of eGreenCoffee.com and CFO for Unicof USA, Inc. Prior to joining Corcentic, Ms. Herron was human resources manager and senior corporate and technical recruiter for Pointshare, Inc., Belleview, Washington. Commenting on the appointments, Mr. Floto said: "We are delighted to have the experience and backgrounds that Andy and Georgia bring to our executive team at Corcentric. Both will be key assets as we move forward with our aggressive plans for growth, serving our current customers and expansion into new market segments." Fones holds a BBA BBA abbr. Bachelor of Business Administration from the College of William and Mary Noun 1. William and Mary - joint monarchs of England; William III and Mary II and has done extensive post-graduate study in Finance and Economics. Herron is a graduate of George Mason University Named after American revolutionary, patriot and founding father George Mason, the university was founded as a branch of the University of Virginia in 1957 and became an independent institution in 1972. and holds MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from Loyola Marymount University. Corcentric provides proprietary eCommerce solutions, enabling supply chain business communities to conduct transactions electronically. Serving the heavy-duty truck and automotive supply industries, more than 600 clients' sites currently utilize Corcentric's services. With a growth rate of over 45,000 transactions per month, the company has processed approximately $120 million in purchases to date. Headquartered in McLean, Virginia, Corcentric was founded in 1998 and is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. . |
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