PHOENIX, July 29, 2015 /PRNewswire/ -- Contractor Management Services LLC ("CMS" or the "Company") announced the appointment of Pat Conley as Chief Technology Officer (CTO) for the Company. Mr. Conley will serve on the executive team and will oversee technology, product development and IT on behalf of CMS. CMS is the leading provider of compliance software and payment settlement services for independent contractors and contracting companies.
Pat brings more than 25 years of extensive software and product development experience to CMS. His experience includes executive positions with VeriSign, Deltek and Cyber Insurance Company of America. Pat has also served in various executive-level technology and software development roles for TransCore, Nortel Networks and Beechwood Data Systems. Additionally, Pat has served as an Associate Professor at Rochester Institute of Technology.
"I am excited to join such a dynamic and fast-growing Company," remarked Mr. Conley. "I was compelled by CMS' differentiated, technology-based solutions, the Company's leadership position and the recent investment by and partnership with growth-oriented private equity firm Riverside Partners. I look forward to working with the CMS team."
"We are thrilled to welcome Pat Conley as CTO to spearhead our technology and development initiatives and to continue our track-record of innovation for our clients," said E. Patrick LaVoie, CEO of CMS. "Pat brings tremendous knowledge and experience to CMS and we look forward to his technology leadership. Among other goals, Pat's addition to the team will allow CMS to accelerate new product development and rapidly achieve our substantial roadmap for the future."
Mr. Conley holds an executive MBA from the Rochester Institute of Technology, a Master of Science in Computer Science from Pennsylvania State University and a Bachelor of Science in Physics from Pennsylvania State University. Pat is also a holder of several patents.
About Contractor Management Services LLC
Contractor Management Services ("CMS") is the leading provider of compliance software, payment processing services and back-office administration for companies who utilize independent contractors. CMS' proprietary SaaS platform, ICM Power™, provides the tools to assist companies in complying with complex and dynamic state and federal regulations around worker classification. Rooted in best business practices, CMS' comprehensive cloud–based service offering enables companies to proactively prepare for any legal challenges by originating, storing and producing documentation to support proper worker classification and compliance. CMS is a portfolio company of Riverside Partners, a Boston-based private equity firm. CMS helps contracting companies and independent contractors to Stay Connected. Stay Compliant. Stay Contracted. For more information visit www.icmpower.com
About Riverside Partners LLC
Founded in 1989, Riverside Partners is a middle market private equity firm currently investing Riverside Fund V, L.P. The fund focuses on growth-oriented companies primarily in the technology and healthcare sectors. Riverside Partners is particularly experienced at partnering with founders, owners and management teams and it brings substantial domain expertise and operating experience to its portfolio companies. Today, Riverside Partners manages $1 billion of equity capital and seeks to make investments in companies with revenues between $20 and $200 million and with $5-$25 million of EBITDA. For more information, please visit www.riversidepartners.com.
SOURCE Contractor Management Services LLC