Global cybersecurity service company ECI recently appointed Jeff Schmidt as president and CEO of the company, a press release reported.
“I personally thank David for nearly two decades of exemplary service, including the past three years as CEO,” John Cahaly, executive chairman of ECI's Board of Directors, said. “David's contributions have helped build ECI into the powerful firm it is today and underpin the strong relationships and trust we enjoy with our clients and partners. We wish David well in his future endeavors.”
The executive is credited with contributing to sales growth, increasing profits, managing acquisition-related inquiries and improving customer service and consumer retention.
ECI’s outgoing CEO, David Andrade, will guide Schmidt and other company executives through the transition period.
Before accepting his role with ECI, Schmidt served as the founding CEO of Avertium, where he was credited with tripling revenue over five years. The executive also fulfilled roles at SWS, All Covered and British Telecom.
“ECI has more than two decades of experience solving its customers’ toughest challenges and helping them adopt new technology in an ever-changing environment,” Schmidt said. “We will continue to answer the call from our customers and uphold our mission to be the most transformative business partner you will ever engage, as we grow our product offerings and expand our services into adjacent sectors.”
ECI specializes in public cloud and cybersecurity managed services for the global financial services industry for hedge funds and other complex investment companies.
The company serves more than 1,000 clients across the globe and helps manage more than $3 trillion of assets.
The appointment is confirmed as the company aims to promote growth and expand its presence in the global market.
“Our growth initiatives come at a time of record customer renewals,” Schmidt said. “We intend to extend our track record as we guide clients through an increasingly uncertain macroeconomic climate.”