|SECURUS Technologies, Inc.'s Board of Directors Announces That Bill Markert Will Join As Chief Financial Officer|
Dallas -- (BUSINESS WIRE) -- Richard A. (“Rick”) Smith, current Chief
Executive Officer and President of Securus Technologies announces that
William D. (“Bill”) Markert will join the company <http://www.secinfo.com/$/SEC/Registrant.asp?CIK=1320051> on June 30th, 2008 as its Chief Financial Officer (CFO).
During the past eight (8) years, Mr. Markert has held executive level
finance positions at Eschelon Telecom, Inc. with his most recent
position being Executive Vice President – Network Finance. At Eschelon,
Mr. Markert was responsible for revenue and cost accounting/reporting,
network cost management, carrier access billing and revenue/margin
assurance. He also directed various merger and acquisition projects.
Before Eschelon, Mr. Markert spent nine (9) years at Global Crossing
and its predecessor companies in various financial, regulatory, and
operational management roles.
“I have known Bill Markert for almost
eighteen (18) years – and have seen his responsibilities progressively
grow, he accepted those expanded duties – and excelled in each and
every position” said Rick Smith, SECURUS’ Chief Executive Officer and
President. “Bill not only has significant financial experience – but
has had telecom operational roles and has worked closely with every
functional group in his prior positions. That broad experience set will
allow him to add significant value to SECURUS.”
Mr. Markert holds a Bachelor of Business Administration degree from the
University of Wisconsin – Whitewater, and an MBA degree from the
University of St. Thomas in St. Paul, Minnesota.
Keith Kelson, SECURUS’ present Chief Financial Officer will work with
Mr. Markert during a transition period of approximately thirty (30)
days in order to insure that all project hand-offs have been
“On behalf of the SECURUS Board of
Directors and executive leadership team, I want to express appreciation
to Keith Kelson for his service as CFO over the last eight (8) years.
During his tenure with the company <http://www.secinfo.com/$/SEC/Registrant.asp?CIK=1320051>
, a period marked by significant change in our business, Keith provided
leadership and careful financial stewardship. Keith was instrumental in
substantially reducing operating costs, particularly bad debt, and
improving the risk profile of the company <http://www.secinfo.com/$/SEC/Registrant.asp?CIK=1320051>
’s revenues. He also was instrumental in acquiring and merging multiple
companies, including Syscon. We wish Keith success in the future – his
accomplishments are sincerely appreciated.”