April 14, 2024

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FreshBooks Founder Mike McDerment Passes the Torch to New CEO, Don Epperson

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Toronto, Canada, Jan. 14, 2021 (World NEWSWIRE) — FreshBooks, the #2 tiny enterprise accounting software program in The usa, with paying out buyers in 100+ nations, now introduced the appointment of Don Epperson to Main Government Officer. Founder, Mike McDerment, at the moment serving as Main Government Officer, will continue on as Chair of the Board and an active member of the govt workforce. These adjustments are effective immediately.

“Over the final 24 months, Don and I have constructed an unbelievable partnership. The upcoming two decades are on track to be FreshBooks’ greatest, in huge element many thanks to Don. I can’t imagine a far better way to established FreshBooks up for ongoing accomplishment than appointing Don to Chief Executive Officer” reported McDerment, who launched the firm in his parents’ Toronto basement in 2004. McDerment has served as Main Executive Officer considering that FreshBooks’ launch, scaling the firm from a 3-person startup averaging $99 USD month to month profits, to its existing posture as an just about 500 human being organization with places of work in five international locations all-around the globe. Since founding, FreshBooks has served more than 30 million persons, with its straightforward-to-use invoicing, time-tracking, price management, and on the internet payments attributes. 

“FreshBooks has a huge possibility in entrance of us, and I couldn’t be a lot more enthusiastic to be taking on the Chief Government Officer role at this time,” reported Epperson. “What Mike and every FreshBooker due to the fact our founding have crafted together — a worldwide, mission-driven firm that helps make the lives of smaller enterprise entrepreneurs far better each and every day — is really remarkable. For the duration of my time at FreshBooks, I have witnessed the electrical power of a passionate, customer-obsessed tradition and team, concentrated on making a entire world-course products. It’s a privilege to get the helm at FreshBooks and proceed developing on this momentum.”

Epperson joined FreshBooks in January 2019 as both board member and Government, on a three-day for each 7 days foundation. Considering the fact that then, Epperson has partnered with McDerment on strengthening day-to-day operations and executional excellence as the company has scaled globally and built its very first acquisition. From 2019 via 2020, FreshBooks opened new offices in Amsterdam, Netherlands, Raleigh, North Carolina, and a new progress hub in Zagreb, Croatia. The firm also formally released and expanded its item and support giving in the British isles and Ireland, and obtained Mexico-based mostly e-invoicing firm Facturama. 

Epperson joins FreshBooks with over 20 many years of expertise as a CEO or Government Chairperson, co-founding businesses this sort of as HookMedia, Simpli.fi, and Enervee. He has also helped scale organizations like ispDigital, Integral Advertisement Science, and operated Havas Media, a world wide business with a community of countless numbers of staff across 140 international locations. Outdoors of the office, Epperson is really concerned with buildOn.org, a international charitable group that focuses on breaking the cycle of poverty, illiteracy, and low anticipations by building educational facilities in impoverished countries. 

“Since partnering with Don, FreshBooks has truly strike a stride with world-wide general performance and value shipping to our customers, and it makes great feeling to bring him in total-time to lead this next stage of our journey,” said McDerment. 

McDerment will continue as Founder, Chair of the Board and lively member of the govt workforce and be very associated with FreshBooks’ long-phrase vision, supporting Epperson and staff with strategic item course, and tradition, buyer and neighborhood advocacy. 

“It’s been an complete enjoyment viewing Don and Mike’s complementary partnership over the last 24 months generate this kind of excellent results,” stated Jeff Fagnan, FreshBooks’ board member and founding associate at Accomplice. “Don’s deep operator and scaling working experience blended with Mike’s exceptional vision and enthusiasm for customers and firm culture is a recipe for achievement. I could not be much more fired up to see FreshBooks advancing to this subsequent period of development, and the full staff must feel very proud of what they’ve attained jointly.”

About FreshBooks

FreshBooks is the #2 modest business enterprise accounting program in The us, with having to pay shoppers in 100+ nations around the earth. The firm has aided far more than 30 million folks course of action billions of bucks through its effortless-to-use invoicing, time-tracking, expenditure administration, and on line payments capabilities. Regarded with 10 Stevie awards for the ideal consumer services in the globe, the company’s mantra is to “execute amazing encounters day-to-day.” FreshBooks is headquartered in Toronto, Canada, with offices in San Luis Potosi, Mexico, Amsterdam, Netherlands, and Raleigh, North Carolina, United states. FreshBooks has been recognized for eight consecutive many years as a Great Area to Work. Find out more at www.FreshBooks.com

Lindsay Lapchuk
[email protected]

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