Verimatrix appoints new CFO

Content security specialist Verimatrix has named Cascadia Technology Group founder and CEO Charles Padgett as its new chief financial officer. 

Padgett takes over from Tim Driscoll who held the post since 2007 and will be responsible for leading the company’s global accounting and finance functions, as well as “providing strategic guidance on new market opportunities.”

Padgett joins from from Cascadia, where he led the sale of Cascadia Project Management in 2014. He previously held senior management positions at Kofax, EMC, and Captiva Software.

“Charles brings a wealth of financial and leadership experience from the telecommunications, wireless, and software sectors to our team. I am confident that Charles’ experience will serve us well as we continue to capture new market share and apply our revenue security solutions to new market segments,” said Verimatrix CEO Tom Munro.