EverCommerce Announces Chief Accounting Officer Transition

Rhea-AI Summary

EverCommerce (NASDAQ: EVCM) announced the resignation of Chief Accounting Officer Lee Dabberdt, effective April 28, 2023, for personal career pursuits. Her departure is not linked to any disagreements regarding financial operations. CEO Eric Remer acknowledged her vital contributions to the company's growth and accounting infrastructure, particularly during its IPO in July 2021. Marc Thompson, the current CFO, will act as the principal accounting officer while the company searches for a successor with the help of a national firm. The company emphasizes a strong internal team to maintain operations during this transition.

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• None.

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• Leadership transition may create temporary instability in accounting operations.

DENVER, April 04, 2023 (GLOBE NEWSWIRE) --  EverCommerce (NASDAQ: EVCM) (the “Company”), a leading provider of vertically-tailored SaaS solutions for the service economy, announced that Lee Dabberdt, the Company’s Chief Accounting Officer, has resigned effective April 28, 2023 to pursue other interests in the next stage of her career. The resignation is not the result of any disagreement with the company on any matter relating to the company’s financials, operations, policies or practices.

“I want to thank Lee for her significant contributions to EverCommerce,” said Eric Remer, EverCommerce CEO. “She has been integral in our rapid growth and played a critical role in the development of our accounting operations and infrastructure to support our IPO in July 2021.”

The Company has partnered with a leading, national firm to conduct a search for a successor to Ms. Dabberdt. In the interim, Marc Thompson, the Company’s Chief Financial Officer, will assume the duties of principal accounting officer and the majority of Ms. Dabberdt’s team will report to Mr. Thompson.

“We have a strong and deep bench at EverCommerce to support business-as-usual operations as we conduct our search for Lee’s replacement,” said Marc Thompson. “I’d also like to thank Lee for her contributions over the last few years and wish her all the best in her future pursuits.”

About EverCommerce

EverCommerce (Nasdaq: EVCM) is a leading service commerce platform, providing vertically-tailored, integrated SaaS solutions that help more than 685,000 global service-based businesses accelerate growth, streamline operations, and increase retention. Its modern digital and mobile applications create predictable, informed, and convenient experiences between customers and their service professionals. With its EverPro, EverHealth, and EverWell brands specializing in Home, Health, and Fitness & Wellness service industries, EverCommerce provides end-to-end business management software, embedded payment acceptance, marketing technology, and customer experience applications.  Learn more at EverCommerce.com.  

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation statements regarding the Company’s finance organization. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, our limited operating history and evolving business; our recent growth rates may not be sustainable or indicative of future growth; we may not achieve profitability in the future; we may continue to experience significant quarterly and annual fluctuations in our operating results due to a number of factors, which makes our future operating results difficult to predict; we may reduce our rate of acquisitions and may be unsuccessful in achieving continued growth through acquisitions; revenues and profits generated through acquisitions may be less than anticipated, and we may fail to uncover all liabilities of acquisition targets; as well as the other factors described in our Annual Report on Form 10-K for the year ended December 31, 2022 and updated by our other filings with the SEC. These factors could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management’s estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change.

Media Contact

Jeanne Trogan
VP Communications
(737) 465-2897
Communications@evercocmmerce.com

Investor Contact: 
Brad Korch 
SVP and Head of Investor Relations 
720-796-7664 
ir@evercommerce.com 

FAQ

What prompted Lee Dabberdt's resignation from EverCommerce?

Lee Dabberdt resigned from EverCommerce to pursue other interests, and her departure was not due to disagreements with the company.

Who will assume Lee Dabberdt's responsibilities at EverCommerce?

Marc Thompson, the Chief Financial Officer, will temporarily take over as principal accounting officer until a successor is found.

When is Lee Dabberdt's last day at EverCommerce?

Lee Dabberdt's last day at EverCommerce is April 28, 2023.

What role did Lee Dabberdt play at EverCommerce?

Lee Dabberdt was instrumental in developing EverCommerce's accounting operations and infrastructure, especially during its IPO in July 2021.

How is EverCommerce addressing the leadership change?

EverCommerce has engaged a leading firm to find a successor for Lee Dabberdt and emphasized that the company has a strong internal team to support ongoing operations.