ECI, one of the leaders in managed services and cybersecurity for the global financial services industry, yesterday announced the appointment of Jeff Schmidt as president and CEO. Mr. Schmidt is a leader in managed services, technology, and cybersecurity with a long track record of growing sales, increasing profits, managing complex acquisitions and integrations, building teams, and boosting customer service and retention.
Mr. Schmidt joins ECI as the firm – the leader in public cloud and cybersecurity managed services for the global financial services industry for hedge funds and other complex investment companies – embarks on a new stage of growth to further secure its dominant role in the sector.
“ECI has more than two decades of experience solving its customers’ toughest challenges and helping them adopt new technology in an ever-changing environment,” said Mr. Schmidt. “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.”
Mr. Schmidt added, “Our growth initiatives come at a time of record customer renewals. We intend to extend our track record as we guide clients through an increasingly uncertain macroeconomic climate.”
Most recently, Mr. Schmidt was the founding CEO of Avertium, a leading provider of cybersecurity services, where he tripled revenues over five years. Earlier, Mr. Schmidt held management positions of increasing responsibility at SQS, All Covered, and British Telecom.
David Andrade, outgoing CEO of ECI, will consult with Jeff and the company during a transition period.
“I personally thank David for nearly two decades of exemplary service, including the past three years as CEO,” said John Cahaly, Executive Chairman of ECI’s Board of Directors. “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.”
Know more about the financial services industry here:
Velocity Clearing LLC appoints Ralston Roberts as Head of Global Markets
Top companies join Financial Literacy for All to promote financial literacy
