Recently, CommerceTel Corp. announced the appointment of Paul Meyer as its new Chief Financial Officer. A business veteran of over 20 years, Meyer has previously served as President of Integrated Solutions at Concurrent Computer Corp., and has held leadership positions in a variety of industries, including serving as EVP and GM of Viacom New Media.
In Meyer’s previous five year position as President and CFO with Shuffle Master, a leading supplier of card shuffling equipment and table games, he played an important role in increasing the company’s revenue from $58 million to $200 million as well as expanding the company’s presence internationally.
Commerce Tel is a maker of proprietary mobile marketing technologies, and the creator of C4, a cloud-based enterprise platform that allows brands to serve advertising to and engage consumers via mobile communications and other sources. C4 integrates with PSTN/IP carriers and micropayment processing facilities, as well as SMS billing systems. Commerce Tel expects Mayer to bring enthusiasm, energy and public operating experience to his new position.
“CommerceTel is well positioned in a rapidly evolving technology sector,” said Meyer. “There’s no doubt that the next big shift in digital lifestyle is to the mobile platform. With CommerceTel’s recent entry into the public markets, I am confident I can provide the kind of senior leadership the company needs, given my public operations and finance background,”
“Paul is a proven leader who possesses enormous experience in a broad range of businesses, which made it compelling for me to bring him on board as our new CFO,” said Dennis Becker, CommerceTel’s CEO. “As a company, we look forward to having Paul help lead us during 2011 and beyond.”