Vertex Appoints Chirag Patel as Chief Strategy Officer

KING OF PRUSSIA, Pa., Oct. 05, 2023 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) (“Vertex” or the “Company”), a global provider of tax technology solutions, announced today the appointment of Chirag Patel as Chief Strategy Officer (CSO). In this role, he will focus on the advancement of the Company’s strategy across an expanded global market for tax technology solutions and collaborate closely with the Vertex executive team to accelerate the next phase of growth.

Patel joins Vertex from Ernst & Young (EY) where he was the leader of EY Foundry, a corporate venturing unit responsible for building new software businesses in relevant markets. Prior to that position, Patel co-founded and acted as managing director at Highnote Foundry, a venture capital and venture development firm. Additionally, he’s held various leadership roles at IBM, Merrill Lynch Capital Markets and Oracle Consulting.

“I’m thrilled to begin this new journey,” said Chirag Patel, Chief Strategy Officer at Vertex. “Vertex’s appointment of a CSO represents their commitment to driving excellence, prioritizing innovation and adapting to the dynamic landscape of tax technology. As the future of tax services changes, Vertex solutions will be at the forefront of that evolution.”

Throughout his career, Patel has established himself as a proven leader with a successful track record for developing and executing growth strategies for both global 1,000 companies and startups. As a three-time CEO of enterprise SaaS companies in the consumer digital, healthcare and financial services industry, he brings with him a wealth of knowledge, expertise and entrepreneurship.

“We are excited to welcome Chirag to our team,” said David DeStefano, Vertex CEO. “Bringing to the table his vast innovation experience and leadership capabilities, we’re confident in his ability to help Vertex scale for future growth and deliver sustained value to our customers, partners and shareholders.”

About Vertex 
Vertex is a leading global provider of indirect tax software and solutions. The company's mission is to deliver the most trusted tax technology enabling global businesses to transact, comply and grow with confidence. Vertex provides solutions that can be tailored to specific industries for major lines of indirect tax, including sales and consumer use, value added and payroll. Headquartered in North America, and with offices in South America and Europe, Vertex employs over 1,400 professionals and serves companies across the globe. 

For more information, visit www.vertexinc.com or follow us on Twitter and LinkedIn.  

Vertex contact:                         

Rachel Litcofsky  
Vertex, Inc.   
mediainquiries@vertexinc.com 

Copyright © 2023 Vertex, Inc. All rights reserved. The information contained herein is intended for information purposes only, may change at any time in the future, and is not legal or tax advice. Any product direction and potential roadmap information is not a guarantee, may not be incorporated into any contract, and is not a commitment to deliver any material, code, or functionality. This information should not be relied upon in making purchasing, legal, or tax decisions. The development, release, and timing of any features or functionality described for Vertex’s products remains at the sole discretion of Vertex, Inc. Any statements in this release that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. All forward-looking statements are subject to various risks and uncertainties described in Vertex’s filings with the US Securities and Exchange Commission (“SEC) that could cause actual results to differ materially from expectations. Vertex cautions readers not to place undue reliance on these forward-looking statements which Vertex has no obligation to update and which speak only as of their dates.