Primatics Appoints Former OpenLink Chief Hesselbirg as CEO
Hesselbirg previously served for more than a decade at energy and commodities trading firm OpenLink Financial, where he was CFO, COO, and finally CEO, during which time the firm's revenues grew from $20 million to $325 million, and he brought on more than 1,000 new staff. He stepped down from the role last July, but remains on the firm's board and was formally replaced in December by Mark Green.
For Primatics, in addition to his earlier relevant experience as an audit manager at Ernst & Young, Hesselbirg has also headed up financial firms substantially staked by private equity. OpenLink is a portfolio company of Hellman & Friedman; meanwhile, Primatics received a significant capital investment from the Carlyle Group in 2011.
“Our board is pleased to have attracted Kevin Hesselbirg as our new CEO. Kevin is a proven leader in the financial technology services industry. We are confident that he will take the company to the next level of growth and service, and will build great shareholder value. I look to his strong leadership, keen insight and fortitude as the company continues to grow," says Charles Rossotti, a Carlyle senior advisor and member of the Primatics Financial board.
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