AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Tuesday it has continued its growth and development by appointing four new leaders across its product, treasury and operations teams.
AvidXchange shared that John Feldman joins as Senior Vice President of Operations, Marie LaQuerre as Vice President of Treasury Operations, Mari-Anne Eisert as Vice President of Product Management and Lori Frederick as Vice President of Product Management.
According to AvidXchange, Feldman will focus on process excellence, operating stability, customer satisfaction, risk management, and unit cost productivity. He joins AvidXchange from Capital One where he held key roles as Head of Bank Operations and most recently Chief Risk Officer for the company’s Retail and Direct Bank. Prior to Capital One, Feldman was with Bank of America for more than 26 years where he served in various roles. He will report directly to Dan Drees, Chief Growth Officer.
LaQuerre will oversee day-to-day treasury operations and focus on implementing operational efficiencies across the business. She will report to John Feldman, SVP of Operations. LaQuerre brings a wealth of knowledge and experience in banking, financial services, payments, and money movement.
Eisert will focus on developing and executing the strategy behind AvidXchange’s AvidPay product. She will report directly to Chief Technology Officer, Chris Tinsley. She brings years of expertise in portfolio simplification, software application development, business systems integration, operational process improvements, and customer service.
Frederick will create a payment strategy that continues to deliver additional customer value with AvidXchange’s payment products, including developing positioning on international and real-time payments. Frederick’s previous experience includes more than 23 years with Wells Fargo, as well as owning a digital consultant group focused on helping small to midsize financial institutions leverage the power of digital to drive revenue, operational efficiency, and sustainability. She will report to Tim Johnson, Senior Vice President of Product Marketing and Product Experience.
Speaking about the appointments, Michael Praeger, CEO and Co-Founder of AvidXchange, stated:
“Having great leaders is fundamental to building a great place to work, which is the foundation for successfully growing and scaling as a business. As we celebrate 20 years as a company and look ahead to the next 20, we’re eager to continue on our journey of transforming the way middle market businesses pay their bills, starting internally with strategically building our leadership team.”