Textura Welcomes Franco Turrinelli as Executive Vice President of Corporate Development
Senior Management Appointment Significantly Expands Textura Management Team.
CHICAGO, Feb. 11 /PRNewswire/ -- Textura Corporation, the leading provider of collaborative solutions for the construction industry, announces the addition of Franco Turrinelli to its management team in the newly-created position of Executive Vice President of Corporate Development.
Mr. Turrinelli will focus on the evolving needs of the business as Textura rolls out new solutions, expands its market presence and supports the increasingly complex needs of the leading general contractors and subcontractors in North America and across the globe. He will be responsible for key relationships with the capital markets, clients and industry partners as well as business / product strategy.
Patrick Allin, Chief Executive Officer, said "We are delighted to welcome Franco to Textura. Over the past year we have experienced tremendous market success. Our customers are embracing our construction payment services to capture efficiencies and our pre-qualification solution to better manage risk. Franco brings significant expertise in what makes a technology company successful. He is a very valuable addition to our team as we look to partner and expand the range of our services for the benefit of our clients."
Commenting on his appointment, Mr. Turrinelli said: "I am pleased to be joining Textura at this moment. Our clients have embraced our vision for prequalification management and the marketplace is recognizing our impact -- as evidenced by Pat's selection as one of ENR Magazine's 'Top 25 Newsmakers of 2009.' We are in the unique position to deliver an integrated set of solutions to help general contractors and subcontractors manage construction projects from inception to completion. I look forward to contributing to the realization of this vision."
Mr. Turrinelli joins Textura after more than 13 years as a technology company analyst and Group Head of Technology Research at William Blair & Company, a full-service investment bank based in Chicago. His focus was software-as-a-service, financial services technology, payments and payments infrastructure, and technology-based business services companies. He has authored several "thought pieces" on these business sectors. Mr. Turrinelli acted as resource to institutional investors, industry, and venture capital clients seeking independent insight and perspective on industry structure, key players, their competitive positioning, and fundamental industry trends.
Founded in 2004, Textura has developed the only robust collaborative industry solutions for construction payment management, Textura--CPM, and for pre-qualification, Textura--PQM. Textura--CPM integrates all construction payment management process components into one seamless work flow, helping contractors and others involved in construction projects realize significant benefits from automation and streamlining. Textura--PQM automates the entire pre-qualification process for everyone by facilitating the electronic submission, review, approval and updating of all pre-qualification documents. Please visit our website at www.texturacorp.com.
You can also call us at 866-TEXTURA (866-839-8872) or email your question to [email protected]. You can submit questions or requests for additional information through our web site at http://www.texturacorp.com/contact.php.
SOURCE Textura Corporation
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