BERWYN, Pa.--(BUSINESS WIRE)--Vertex, Inc., the leading provider of corporate enterprise tax solutions, announced the appointment of David DeStefano to Chief Executive Officer, effective today. This completes the company’s leadership transition plan announced October 2015, in which DeStefano succeeds Jeff Westphal as president and CEO of Vertex. Westphal will remain in his position of chairperson of the board of directors for the company, which he co-owns with Amanda Westphal Radcliffe and Stefanie Westphal Thompson.
“We look forward to continued success for Vertex, as well as the realization of a new era of remarkable growth under the leadership of David DeStefano,” said Westphal. “I have enjoyed leading the company and helping to transform it into the collaborative and innovative operation it is today. I look forward to seeing David advance the company toward its full potential through his new role as CEO.”
DeStefano, who joined the Vertex in 1999 as Chief Financial Officer commented, “I am grateful to Jeff for the incredible passion and energy he’s infused into the company over the past 20 years. With the strength of the organization, the acceleration of Vertex Enterprise, Vertex SMB, and our flagship Vertex® Indirect Tax O Series® technology we have a tremendous opportunity to grow the business and continue our global expansion. I’m looking forward to leading Vertex into the future.”
About Vertex
Founded in 1978, Vertex, Inc. is the leading provider of corporate tax software and services for companies of all sizes, from small to medium-sized businesses to global multinationals.
Vertex solutions enable companies to realize the full strategic potential of the corporate tax function. The company offers a variety of products and services that allow businesses to automate, integrate, and streamline their corporate tax processes. Vertex provides solutions in every major line of tax including income, sales and consumer use, value added, and payroll. Vertex also offers tailored solutions for specific industries including retail, communications, hospitality, and leasing. Vertex Managed Services allows companies to outsource sales and use tax returns and exemption certificate management.
Known for its innovative culture, Vertex is a privately held company that employs over 850 professionals across the globe, at its headquarters in the US (Berwyn, PA) and offices in Europe (London), Brazil (São Paulo), Dallas, Fort Collins, Naperville, Phoenix, San Francisco, Sarasota, and Seattle.
For more information about Vertex, visit www.vertexinc.com.