Vendasta today announced the appointment of Richard Cheung as Chief Financial Officer CFO.
According to Vendasta, Richard Cheung is a C-level executive with broad financial and operational experience in a range of high-growth, venture-funded, and early stage companies through to NASDAQ listed public companies.
Richard Cheung has previously held the role of CFO at Vancouver-based TIO Networks Corp. which was sold to PayPal, Inc. for $305 million in 2017, and also served as Vice President of Business Development for Fusemail, a subsidiary of j2 Global, Inc.
“It is important to be part of a company that serves a large market, and also has a great corporate culture and strong leadership team. That’s what I’m finding in Vendasta,” said Cheung. “We’re positioned for enormous growth and are now building a foundation that will allow the business to scale to more than a $100 million annual run rate, which will make us a significant player in the digital marketing space.”
“Our current growth trajectory requires the skills and experience that Richard brings,” said Vendasta CEO Brendan King. “As we grow through $100 million, we will benefit greatly from his experience and knowledge in fundraising, public markets, and acquisitions. We are ecstatic to have him on board.”
Cheung is beginning his role as Vendasta CFO today.