Business
Intellicheck Announces Appointment of Jeffrey Ishmael as Chief Financial Officer
MELVILLE, N.Y.--(BUSINESS WIRE)-- Intellicheck, Inc. (Nasdaq: IDN), an industry-leading identity company delivering on-demand digital and physical identity
About this update from Intellicheck, Inc.
[{"type":"text","content":" MELVILLE, N.Y.--(BUSINESS WIRE)--\nIntellicheck, Inc. (Nasdaq: IDN), an industry-leading identity company delivering on-demand digital and physical identity validation, today announced the Board of Directors has appointed Jeffrey Ishmael as Chief Financial Officer effective close of business May 13. Departing CFO Bill White is pursuing a role at another company outside the identity space.\n\n“We are very impressed with Jeffrey’s extensive SaaS focused financial background and his significant strategic and operational expertise that we believe makes him exceptionally well qualified to serve in the CFO role as we continue to innovate and deliver best-in-breed technology solutions as an industry-leading identity validation company,” said Intellicheck Board of Directors Chairman Guy L. Smith.\n\nIntellicheck CEO Bryan Lewis said, “I am very excited to welcome Jeffrey to the Intellicheck team. Jeffrey has an impressive track record serving as an operationally focused CFO for two SaaS based companies that experienced hyper growth, one of which was sold for more than $1 billion. I am impressed that Jeffrey has driven the implementation of operating plans and strategic initiatives while playing a key role in supporting productivity, improving metrics, and driving team collaborations. More importantly, he has demonstrated expertise in applying advanced financial and business acumen to develop and execute innovative solutions and has successfully built and led high-impact teams.”\n\nMr. Ishmael’s SaaS related experience includes his role as founding CFO for Cylance Inc., which was the first company to apply artificial intelligence and algorithmic science to cyber security and improve the way companies, governments and end users proactively solve the world’s most difficult security problems. After joining Cylance as its seventh employee, the company experienced hyper growth and grew to over seven hundred employees over four years with operations in twelve countries. With billings exceeding $100M after year four Cylance established itself is a preeminent disrupter in the security space. Cylance was acquired by Blackberry for $1.4 billion.\n\nMr. Ishmael commented, “I am thrilled to work with Bryan and the Intellicheck team to drive growth, profitability, and value for our shareholders.\"\n\nFollowing Cylance, Ishmael served as the CFO of O...