Paymetric has added Nick Sommerio, chief financial officer (CFO), and Kevin Ferguson, senior vice president of business development, to the company’s executive management team.
Sommerio brings to Paymetric more than 20 years of experience in the financial services and electronic payment industries. He joins Paymetric from RBS WorldPay, where he was CFO for the past two years and played an intricate part in helping the company become one of the fastest organically growing merchant acquirers in the US for 2008. In his new role, Sommerio will be focused on all of the company’s financial functions as well as corporate strategy.
Ferguson brings a 23-year track record of achievement in international and domestic field operations, business development, enterprise software sales management, strategic market development, product management and consulting sales. Most recently he was senior vice president and managing director of global field operations for SunGard Banks, where he oversaw the product management and market strategy for the company’s retail banking line of business. Ferguson will be responsible for building channel partner programmes and relationships with enterprise resource planning (ERP) companies, system integrators and other technology partners.
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