LOUISVILLE, Colo., April 15, 2013 /PRNewswire/ -- Envysion®, Inc., (www.envysion.com) the leading Managed Video as a Service (MVaaS) provider, today announced the appointment of Michelle Shewchuk as Chief Financial Officer. With this addition Envysion gains critical strategic and financial leadership and capital market expertise to support its aggressive expansion plans.
"We're excited to bring aboard someone with Michelle's depth of experience," said Matt Steinfort, President and CEO of Envysion. "Michelle's private equity experience and strong track record of managing and optimizing the capital structure for emerging growth companies will be critical to helping us make our vision for the company a reality."
Shewchuk brings over 20 years of financial leadership experience to Envysion and comes from Exclusive Resorts, a private equity backed company, where she was critical to driving revenue and operational growth and helped manage a $250 million dollar credit facility. In addition, Shewchuk spent part of her early career working at Berkshire Partners, a leading private equity firm in Boston, MA.
In her role as CFO, Shewchuk will be responsible for all finance functions at Envysion, including debt and equity funding and strategic financial planning and analysis, as well as general accounting for the company.
"Envysion's client portfolio is tremendous and I'm excited to join Envysion at this critical time in the company's growth trajectory," said Michelle Shewchuk. "I look forward to helping to further accelerate the company's already exceptional growth."
Envysion puts the power of video into the hands of a multi-unit operator's entire organization, enabling users to easily leverage remote video to gain actionable business insights that will improve operations and deliver demonstrated 10-15% profitability improvements. The company created the Managed Video as a Service (MVaaS) model, which brings the Software as a Service (SaaS) approach to video. Envysion's highly scalable and easy to manage MVaaS platform reaches across departments to 1000s of users without straining the IT department or network. Through Envysion's Insight Marketplace, the innovative business solutions marketplace that leverages managed video, customers can select from a variety of approved partners who deliver specialized services. Today, Envysion's solutions are driving bottom line profitability improvements with leading restaurant, retail, hospitality and convenience store operators throughout North America. For more information, visit www.envysion.com or call 877.258.9441.
SOURCE Envysion, Inc.