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ALSBRIDGE INC. APPOINTS GLOBAL BANKING VETERAN SCOTT AREY TO CFO
(DALLAS, Texas) Feb. 24, 2010 – Alsbridge Inc. today announced the appointment of Scott Arey to Chief Financial Officer. Arey is a Bank of America veteran with more than 20 years of banking and financial experience.
Alsbridge founder and CEO Ben Trowbridge says Arey will prepare the company for its next phase of growth and positioning with top tier financial institutions.
“As the former vice president and CFO of Bank of America’s International Trade Banking Division Scott’s depth of experience and impressive reputation for building equity and value is unparalleled. He has arranged financing for credit facilities, private placements, public offerings and project finance. Most impressive has been his ability to secure $225 million in credit facilities through banks, and raise more than $150 million in private placement investments from venture firms, many of which have been extremely complex,” Trowbridge explains.
Trowbridge goes on to explain that 2010 will be an important year of growth and positioning.
“We have a strong reputation with Fortune 500 companies because of our ability to provide unbiased, expert advice on pricing for ITO and BPO based on our proprietary data resources and benchmarking tools. Moreover, on the heels our recent acquisition of TAG the world’s leading network consulting firm with over 100 clients over the last 2 years. Alsbridge now offers a suite of services that a CXO can procure from a single trusted advisor to help them reduce costs and improve services in information technology, business processes to include telecommunications networks, hardware, software, maintenance, outsource contracts and staffing costs. On the whole, we expect to see a significant uptick in internal optimization and outsourcing deals in the private and government sectors because of pent-up demand which is carrying over from 2009,” Trowbridge explains.
About Alsbridge
Alsbridge, Inc. is an award-winning global advisory firm that has redefined the way companies reduce costs and improve back office operations. Our proprietary benchmarking tools and data resources enable clients to utilize the most cost effective and value added sources globally for information technology, business processes and telecommunications networks. Through a combination of internal optimization and outsourcing, our clients achieve cost savings that support their strategic business objectives. Founded in 2003, Alsbridge is the proven, effective difference. The company’s web site is: www.alsbridge.com.
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