CS Disco appoints Richard Crum as EVP and Chief Product Officer

Rhea-AI Summary

CS Disco, a leader in AI-enabled technology, has appointed Richard Crum as Executive Vice President and Chief Product Officer. Crum, who will officially join on July 15, 2024, will oversee DISCO's global product vision and transformation. He brings extensive experience from his previous roles at Emburse, Capital One, and Mastercard, where he led significant product innovations and developments. DISCO CEO Eric Friedrichsen expressed enthusiasm about Crum's appointment, highlighting his track record in driving product vision and innovation. Crum looks forward to contributing to DISCO's next stage of growth in transforming the legal industry.

Positive

• Richard Crum's appointment as EVP and Chief Product Officer is expected to drive DISCO's global product vision and transformation.
• Crum brings a wealth of experience in financial technology and B2B SaaS, which could enhance DISCO's product offerings and market position.
• Crum has a proven track record in product innovation at Emburse, Capital One, and Mastercard, indicating potential positive impacts on DISCO's future developments.

Negative

• None.

AUSTIN, Texas--(BUSINESS WIRE)-- CS Disco, Inc. (“DISCO”) (NYSE: LAW), a leader in AI-enabled technology, is pleased to announce the appointment of Richard Crum as its new Executive Vice President, Chief Product Officer. Crum will drive DISCO’s global product vision, working closely with customers on product direction and transformation.

Crum joins DISCO with a wealth of experience in financial technology and B2B SaaS. Most recently, he led product at Emburse, overseeing solutions used by nearly 20,000 companies. Prior to Emburse, Crum served as Managing Vice President at Capital One, where he developed the Smart Pay solution and commercial card products. He also held key roles at Mastercard, contributing significantly to the company's growth in commercial payments.

“We are thrilled to welcome Richard to the DISCO team,” said DISCO CEO Eric Friedrichsen. “We are setting ourselves up to take DISCO into its next stage of growth. He is a seasoned technology veteran with a track record of driving product vision and innovation, and building high-performing teams.”

"I am thrilled to join the team at DISCO,” said Crum. “Product innovation is at the heart of DISCO’s next chapter of transforming the legal industry and I look forward to working with this talented team to drive product development, enhance our offerings, and continue providing exceptional value to our customers."

Crum will officially join DISCO on July 15, 2024.

Forward-Looking Statements

This press release contains forward-looking statements, including, among other things, statements regarding the appointment of Richard Crum as DISCO’s Executive Vice President, Chief Product Officer, DISCO’s future [growth], DISCO’s ability to transform the legal industry, and DISCO’s ability to drive product development, enhance its offerings, and continue providing exceptional value to its customers. Words such as “may,” “should,” “will,” “believe,” “expect,” “anticipate,” “target,” “project,” and similar phrases that denote future expectation or intent regarding DISCO’s financial results, operations, and other matters are intended to identify forward-looking statements. You should not rely upon forward-looking statements as predictions of future events.

The forward-looking statements contained in this press release are subject to a variety of risks, uncertainties, and factors, including those more fully described in our filings with the Securities and Exchange Commission (“SEC”), including our Quarterly Report on Form 10-Q for the quarter ended March 31, 2024, filed with the SEC on May 9, 2024. Further information on potential risks that could affect actual results will be included in the subsequent periodic and current reports and other filings that we make with the SEC from time to time, including our Quarterly Report on Form 10-Q for the quarter ended June 30, 2024. Forward-looking statements represent DISCO’s management’s beliefs and assumptions only as of the date such statements are made. We undertake no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law.

About DISCO

DISCO provides cloud-native, artificial intelligence-powered legal product offerings that simplify legal hold, legal request, ediscovery, legal document review and case management for enterprises, law firms, legal services providers and governments. DISCO’s scalable, integrated product offerings enable legal departments to easily collect, process and review enterprise data that is relevant or potentially relevant to legal matters. As of December 31, 2023, DISCO had over 1,400 customers, including many of the largest law firms in the world. For more information, visit www.csdisco.com. 

View source version on businesswire.com: https://www.businesswire.com/news/home/20240710293305/en/

Investors

DISCO Investor Relations

IR@csdisco.com

Press

media@csdisco.com

Source: DISCO

FAQ

When will Richard Crum join CS Disco as EVP and Chief Product Officer?

Richard Crum will officially join CS Disco on July 15, 2024.

What experience does Richard Crum bring to his new role at CS Disco?

Richard Crum has extensive experience in financial technology and B2B SaaS, having held leadership roles at Emburse, Capital One, and Mastercard.

How might Richard Crum's appointment affect CS Disco's stock (LAW)?

Richard Crum's appointment is expected to positively impact CS Disco's stock (LAW) by driving global product vision and enhancing product offerings.