Seasoned technology leader will continue company alignment to drive increased value for global customers
FLORHAM PARK, New Jersey, June 07, 2022 (GLOBE NEWSWIRE) — TrueCommercea global provider of connectivity, integration and unified commerce solutions for trading partners, today announced the appointment of Randy Curran as Chief Executive Officer and Member of the Board of Directors, effective June 1. 2022.
“We are extremely proud of the growth TrueCommerce has experienced,” said Ryan Harper, General Partner of Welsh, Carson, Anderson & Stowe (WCAS) and Member of the TrueCommerce Board of Directors. “We are confident that TrueCommerce will accelerate this upward trajectory under Randy’s leadership. He is a proven leader with extensive experience leading companies in their next stages of growth and operational excellence. »
The growth of TrueCommerce is attributed to several factors. With his acquisition of DiCentral, the company doubled its workforce, increased its customer base by 40% and expanded its presence in the Americas, Europe and Asia-Pacific. It has also invested in its global platform and product development, seeing a 24% increase in total connections to its global network year-over-year and a 25% increase in overall data volume on the TrueCommerce commerce network compared to to 2020.
Mr. Curran is a long-time technology leader who for decades has been transforming and propelling high-growth international companies to success. He was previously an operating partner of WCAS, a leading US private equity firm, and majority stakeholder of TrueCommerce. Prior to joining Welsh Carson, Mr. Curran was CEO of OHL, Inc. (later purchased by GEODIS), the fourth largest third-party logistics (3PL) warehouse in the United States. There, he created alignment within the leadership team and led the improvement of information systems serving customers and employees. Mr. Curran has also held CEO positions at ITC^Deltacom, Inc. (now Deltacom), ICG Communications, and Thermadyne Holdings, Inc. He holds a bachelor’s degree in economics from DePauw University and a MBA from Loyola University.
“TrueCommerce is at the forefront of the supply chain technology market and, in a global economy that needs reliable and seamless supply chain solutions, the growth opportunities for the company are enormous” , Mr. Curran said. “I am honored to join this talented team to drive alignment of customer success, implementation and support and make TrueCommerce an employer of choice. »
About Welsh, Carson, Anderson & Stowe WCAS is a leading US private equity firm focused on two target sectors: healthcare and technology. Since its inception in 1979, the company’s strategy has been to partner with exceptional management teams and create value for its investors through a combination of operational improvements, growth initiatives and acquisitions. strategic. The firm has raised and managed funds totaling over $27 billion in committed capital. For more information, visit our website www.wcas.com.
About TrueCommerce TrueCommerce is the most comprehensive way to connect your business to the supply chain, integrating everything from EDI and inventory management, to order processing, storefronts and digital marketplaces. We have revolutionized supply chain visibility and collaboration by helping companies get the most out of their omni-channel initiatives with enterprise-grade P2P connectivity, order management, collaborative replenishment, intelligent fulfillment, analytics cross-functional and product information management.
The TrueCommerce Global Commerce Network can connect businesses to over 160,000 retailers, distributors and logistics service providers. A true managed service provider, TrueCommerce also manages the onboarding process for new trading partners, and provides day-to-day management of partner-specific mapping and labeling changes and communication tracking. That’s why thousands of companies, from startups to Fortune 100 companies, across different industries trust us.
TrueCommerce: Do business with unlimited means! For further information, please visit the website https://truecommerce.com/.
