PORTLAND, Ore., – Fios, Inc., a leading provider of electronic discovery technology and services, today appointed John Hesse to the role of president and chief executive officer (CEO). Hesse, previously the company's chief financial officer (CFO) and chief operating officer, is replacing Chris Junker, who tendered his resignation effective today due to undisclosed personal reasons. Junker will remain a member of the Fios board of directors.
"At Fios, it's basically business as usual. Yes, I am the new CEO, but I remain one member of the larger management team that developed our current strategy. The core team and our strategy remain intact," said John Hesse, Fios' CEO. "Employees are executing the same plan as yesterday; customers are responding positively to our new e-discovery technology offerings, like Relativity® powered by Fios™; and we are experiencing a healthy uptick in business. It's an exciting time at Fios."
Hesse brings deep operational and financial expertise to Fios, including more than 20 years as a CFO of both public and private companies. He has led numerous public and private financing activities, including initial public offerings. Prior to joining Fios, Hesse served as CFO of Vancouver-based New Edge Networks, building the company from the start-up phase to revenue of more than $130 million. Hesse was involved in all aspects of the company's financial and corporate strategy, including capital formation, financial management, mergers and acquisitions, as well as operations. Prior to New Edge Networks, Hesse served in executive positions at Protection One in Dallas, Tex., and Network Security Corporation, where he led the growth and sales of both companies. He began his career as a staff auditor with Peat, Marwick, Mitchell and Co. (now KPMG). He holds both a BBA and an MBA from Southern Methodist University.
About Fios
Fios provides legal teams with flexible electronic discovery technologies and services that deliver the speed and the quality necessary to cull, analyze, review and produce electronically stored information with confidence. Our software-as-a-service (SaaS) platforms, scalable data center and quality assurance systems are built on more than 11 years of unparalleled e-discovery experience. Headquartered in Portland, Ore., Fios is backed by top investors, including W Capital, Banyan Capital Partners and Fluke Venture Partners, and has offices throughout the continental United States. For more information about the company, visit http://www.fiosinc.com.
For more information, contact:
Donna Peterson
Director, Marketing Communications
dpeterson@fiosinc.com
503-808-1637
Fios and Fios products are trademarks of Fios, Inc. Other product or service names mentioned herein are the trademarks of their respective owners.