Treasury and finance solutions firm Kyriba has appointed tech executive Melissa Di Donato as its new chair and CEO.
Di Donato brings a wealth of experience from her previous roles at SUSE, SAP, Salesforce, IBM and Oracle, the provider of cloud-based finance and liquidity solutions said in a Tuesday (Sept. 5) press release. Most recently, she was CEO of SUSE.
She succeeds Jean-Luc Robert, who is stepping down as CEO and will join Kyriba’s board of directors, according to the release.
“We have redefined the treasury software industry and are now at the cusp of an exciting inflection point,” Robert said in the release. “Melissa is a proven leader with the strategic acumen needed to expand our market leadership, and I have every confidence in her ability to lead Kyriba in this new chapter.”
Di Donato’s appointment comes as the company aims to enter a new era of growth and innovation, according to the press release. She expressed her enthusiasm about joining Kyriba and building upon its history in treasury management.
“Together with this exceptional team, we will capitalize on the enormous opportunities before us to deliver greater value and meet our customers’ end-to-end needs in enterprise liquidity management,” Di Donato said in the release.
In addition to her role at Kyriba, Di Donato brings valuable experience from serving on the supervisory board of Porsche AG and as a non-executive director at J.P. Morgan Europe Limited, according to the press release. She has also been an advisor and board member for Notion Capital portfolio companies for over 10 years, helping leaders, companies and boards scale for commercial excellence.
Di Donato is known for her commitment to empowering young women and is the co-founder of Inner Wings, a charitable foundation focused on mentoring and role modeling programs for girls.
Kyriba assists CFOs, treasurers and IT leaders to transform liquidity performance and drive value creation through data-driven financial decisions, the release said. With over 2,500 clients worldwide, including 25% of Fortune 500 and Euro Stoxx 50 companies, Kyriba manages more than 1.3 billion bank transactions and $15 trillion in payments annually.
In one recent development, the company and U.S. Bank partnered to offer new payment methods, including instant and Zelle payments, to their joint clients.
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