Ripple Treasury Appoints N. Louis Shipley to Board of Directors

CHICAGO – January 25, 2021 – Ripple Treasury, powered by GTreasury, a treasury and risk management platform provider, today announced that it has appointed veteran technology executive Lou Shipley to its board of directors.

Shipley joins the Ripple Treasury Board with more than three decades of accomplishments as an enterprise software executive, technology entrepreneur, and sales leader. Currently, Shipley serves as the Executive-in-Residence at General Catalyst. Previously, Shipley was President and CEO of Black Duck Software, where he grew the valuation of the security company by more than 300% and led it to a successful acquisition by Synopsys. Prior to Black Duck, Shipley served as President and CEO of Turbonomic, and Reflectent Software (acquired by Citrix Systems). Shipley serves on the boards of Fairmarkit, Wasabi, Logz.io, TeamWorks, Alchemista and CustomerGauge.  Shipley holds a degree in Economics from Trinity College-Hartford (where he also a Trustee), and an MBA from Harvard Business School. He is a member of the faculty at Harvard Business School where he teaches Entrepreneurial Sales and lectures at the MIT Sloan School of Management where he teaches Technology Sales.

Shipley will apply his depth of experience leading and advising technology companies to Ripple Treasury, as the treasury and risk management innovator continues to expand its platform capabilities and partnerships amid accelerated global customer growth.

“No company understands what treasurers require to get their jobs done better and more efficiently than Ripple Treasury, and I’m excited to join the board and offer guidance as it moves forward,” said Shipley. “Now in its fourth decade, Ripple Treasury is continuing to set the bar with its comprehensive treasury and risk management capabilities. With a combination of vision and execution – including adding several key platform additions over the past year – Ripple Treasury is seeing remarkable customer growth and demand from corporate treasurers and financial professionals.”

“Lou’s proven track record and depth of experience driving business growth and innovation for fast-growing software companies make him an ideal addition to the Ripple Treasury Board,” said Renaat Ver Eecke, CEO at Ripple Treasury. “On behalf of the board, we’re excited to have Lou join us and help steer Ripple Treasury's direction as we scale our services and sales footprint around the world.”

About Ripple Treasury

For more than 30 years, Ripple Treasury has delivered the leading digital Treasury and Risk Management System (TRMS) to corporate treasurers across industries. With its continually innovating Software-as-a-Service platform, Ripple Treasury provides customers with a single source of truth for all their cash, payments, and risk activities. The TRMS solution offers any combination of Cash Management, Payments, Financial Instruments, Risk Management, Accounting, Banking, and Hedge Accounting – seamlessly integrated, on-demand worldwide and fully secured. Headquartered in Chicago with offices serving EMEA (London) and APAC (Sydney and Manila), Ripple Treasury's global community includes more than 800 customers and 30+ industries reaching 160+ countries worldwide.

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