An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
Avalara Appoints Marcela Martin to its Board of Directors
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary
Avalara, Inc. (NYSE: AVLR) announced the appointment of Marcela Martin to its board of directors. As CFO of Squarespace, Martin brings over 25 years of global finance expertise, having previously served as CFO at Booking.com. Her experience in managing finance operations, risk, and corporate development is expected to enhance Avalara's strategic direction. The board addition follows the resignation of Chelsea Stoner, effective August 27, 2021, who played a significant role since 2012. Avalara aims to revolutionize tax compliance through automation, aspiring to be integral to every transaction globally.
Positive
Appointment of Marcela Martin to the board, bringing extensive finance experience.
Expertise in M&A and operations may contribute positively to Avalara's growth strategy.
Negative
Resignation of Chelsea Stoner could create continuity concerns on the board.
SEATTLE--(BUSINESS WIRE)--
Avalara, Inc. (NYSE: AVLR), a leading provider of tax compliance automation software for businesses of all sizes, today announced the appointment of global finance leader Marcela Martin to its board of directors.
Martin is chief financial officer of Squarespace, the all-in-one website building platform, where she oversees the company’s finance and corporate development functions. Prior to Squarespace, she was chief financial officer at Booking.com, where she led finance operations, risk management, corporate development, and M&A. Martin brings more than 25 years of global finance and leadership experience across consumer technology, software, and SaaS verticals with high-growth companies to Avalara’s board.
“Marcela is an accomplished CFO with experience leading global companies and driving business transformation,” said Scott McFarlane, CEO and co-founder of Avalara. “Her expertise in streamlining operations and M&A integration combined with her experience guiding strategic operations during periods of growth will add tremendous value to Avalara’s board of directors.”
“Avalara has set out to solve tax compliance for businesses of all sizes by applying automation and emerging technologies to an age-old business requirement. With an ambitious goal of becoming part of every transaction in the world, the company has invested heavily in M&A and operations to serve businesses across numerous tax types. I look forward to joining Avalara’s board and helping shape the company’s future growth,” said Marcela Martin.
Avalara’s board comprises members whose backgrounds and perspectives add to the company’s ability to grow the business and serve global customers. As Avalara grows and changes, additions to the board reflect the priorities of the business and the needs of our customers, employees, and partners. Martin joins the board following the addition of Bruce Crawford and Srinivas Tallapragada in June 2021.
Avalara also announced that Chelsea Stoner, a partner at Battery Ventures, resigned from the board of directors effective August 27, 2021. “Chelsea’s impact on Avalara since joining the board in 2012 is immeasurable. She saw our potential from the start and has been instrumental in focusing Avalara’s internal efforts during periods of growth and rapid change. Her counsel will be deeply missed,” said McFarlane.
About Avalara
Avalara helps businesses of all sizes get tax compliance right. In partnership with leading ERP, accounting, ecommerce, and other financial management system providers, Avalara delivers cloud-based compliance solutions for various transaction taxes, including sales and use, VAT, GST, excise, communications, lodging, and other indirect tax types. Headquartered in Seattle, Avalara has offices across the U.S. and around the world in Brazil, Europe, and India. More information at avalara.com.
