Unedited news and product information from vendors.
Industry Leader Appoints New Chief Executive Officer
Jun 09, 2010 (01:06 PM EDT)
Utah-based eProcurement firm completes restructure with promotion of current CFO
AMERICAN FORK, Utah, June 9 /PRNewswire/ -- BidSync, a North American leader in electronic bidding and procurement software, is pleased to announce that Sabrina Stover has been appointed as Chief Executive Officer. Having served as BidSync's Chief Financial Officer, Stover will now be responsible for BidSync's overall operations and setting strategic direction while leading the company to continued successful growth.
"Since December 2008, as the CFO, Sabrina has helped reposition the company and improve profitability. The move to appoint her CEO shows the Board's trust in her and the executive management team to continue to grow the company to great success," said Kenneth Beach, BidSync Chairman of the Board.
With more than 20 years of financial and business management experience, Stover has held numerous c-level positions for software companies targeting the business-to-business market segment. Prior to joining BidSync, Stover held the position of CFO and Head of Operations at Astute Solutions in Columbus, Ohio. Stover graduated magna cum laude with a Bachelors of Business Administration from Otterbein College. She currently resides in Riverton, Utah with her family.
Based in American Fork, UT, BidSync offers a comprehensive array of SaaS-based purchasing and electronic procurement solutions for government agencies and businesses across North America. Since 1999, BidSync products have helped agencies organize, automate, and manage their entire eProcurement process leading to greater efficiency and a reduction in cost of goods and services. With the largest bid notification system in North America, suppliers and vendors are able to identify, respond to, and win bid opportunities that grow their business. BidSync is committed to leading the eProcurement industry through integrity, innovation, client satisfaction, and financial strength and is devoted to maintaining an active profile within industry organizations and associations.