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Associated Press
31-03-2025
- Business
- Associated Press
Cleverbridge Announces Leadership Transition
COLOGNE, Germany & CHICAGO--(BUSINESS WIRE)--Mar 31, 2025-- Cleverbridge, a leading provider of ecommerce and billing solutions for global software companies, today announced the appointment of Richard Stevenson as Chief Executive Officer, effective April 1, 2025. He succeeds Wendi Sturgis, who will transition into a board advisory role. This press release features multimedia. View the full release here: Richard Stevenson, Chief Executive Officer of Cleverbridge With over 25 years of leadership across B2B software and B2C financial services, Richard brings deep operational and strategic expertise to Cleverbridge. He has held executive roles at companies undergoing rapid transformation and global expansion, including CEO of Standard Life's DACH region and VP and GM at Uniphore, where he led the company's European growth following its acquisition of Red Box. Throughout his career, Richard has been at the forefront of launching and scaling innovative SaaS platforms, including Conversa, the first open Enterprise Voice AI platform. 'I am delighted with Richard's appointment,' said Tom Buehlmann, Chairman of the Board at Cleverbridge. 'Richard pairs extensive experience leading global technology growth companies with significant industry-specific knowledge in SaaS and financial services. His expertise and leadership skills will be decisive for the next stage of Cleverbridge's growth.' Buehlmann also expressed gratitude to outgoing CEO Wendi Sturgis: 'I would like to thank Wendi for all her contributions. With her energy and commitment, she has made a major impact on Cleverbridge's journey thus far — building a profitable growth trajectory and positioning us as a market-leading merchant of record provider.' Founded in 2005 in Cologne (Germany) and Chicago (Illinois, USA), Cleverbridge has grown to a global team of 300+ employees, setting new standards as a leading merchant of record (MoR) solution provider. Some of the world's largest technology companies — including Red Hat, Dassault Systèmes, and Sony — trust Cleverbridge to process payments, manage subscriptions, and simplify the complexities of global ecommerce. In 2024, Cleverbridge achieved record growth, expanding its client portfolio across industries while maintaining 99% logo retention and 100% platform uptime. 'I'm incredibly proud of what we've accomplished over the past few years — from deepening our client relationships to advancing our global ecommerce capabilities,' said Sturgis. 'With strong momentum in place, I'm confident that Richard will bring the right leadership and expertise to build on that success. I look forward to supporting him and the company as it moves into a new chapter.' 'This is an exciting time to join Cleverbridge,' said Stevenson. 'Wendi and the team have built a strong foundation and positioned the company for long-term success. I'm honored to take the helm and look forward to accelerating our momentum in the market. Above all, we remain deeply committed to delivering exceptional value to our clients and supporting their success in an increasingly complex ecommerce landscape.' For more information, visit or follow Cleverbridge on LinkedIn. About Cleverbridge Cleverbridge is the all-in-one ecommerce platform for global subscription businesses. As a merchant of record (MoR), we consolidate the essential components of an ecommerce solution – including payments, subscription management, tax/VAT handling, and regulatory compliance – to help businesses offload operational work and automate digital transactions throughout the customer lifecycle. Since 2005, leading B2B and B2C technology companies across industries have trusted Cleverbridge to deliver frictionless buying experiences and optimize acquisition, expansion, and retention in over 240 countries and territories. Learn more at [email protected] +1-757-345-8523 SOURCE: Cleverbridge Copyright Business Wire 2025. PUB: 03/31/2025 05:00 AM/DISC: 03/31/2025 05:03 AM
Yahoo
31-03-2025
- Business
- Yahoo
Cleverbridge Announces Leadership Transition
Richard Stevenson succeeds CEO Wendi Sturgis as Cleverbridge builds on momentum and enters the next phase of its growth COLOGNE, Germany & CHICAGO, March 31, 2025--(BUSINESS WIRE)--Cleverbridge, a leading provider of ecommerce and billing solutions for global software companies, today announced the appointment of Richard Stevenson as Chief Executive Officer, effective April 1, 2025. He succeeds Wendi Sturgis, who will transition into a board advisory role. With over 25 years of leadership across B2B software and B2C financial services, Richard brings deep operational and strategic expertise to Cleverbridge. He has held executive roles at companies undergoing rapid transformation and global expansion, including CEO of Standard Life's DACH region and VP and GM at Uniphore, where he led the company's European growth following its acquisition of Red Box. Throughout his career, Richard has been at the forefront of launching and scaling innovative SaaS platforms, including Conversa, the first open Enterprise Voice AI platform. "I am delighted with Richard's appointment," said Tom Buehlmann, Chairman of the Board at Cleverbridge. "Richard pairs extensive experience leading global technology growth companies with significant industry-specific knowledge in SaaS and financial services. His expertise and leadership skills will be decisive for the next stage of Cleverbridge's growth." Buehlmann also expressed gratitude to outgoing CEO Wendi Sturgis: "I would like to thank Wendi for all her contributions. With her energy and commitment, she has made a major impact on Cleverbridge's journey thus far — building a profitable growth trajectory and positioning us as a market-leading merchant of record provider." Founded in 2005 in Cologne (Germany) and Chicago (Illinois, USA), Cleverbridge has grown to a global team of 300+ employees, setting new standards as a leading merchant of record (MoR) solution provider. Some of the world's largest technology companies — including Red Hat, Dassault Systèmes, and Sony — trust Cleverbridge to process payments, manage subscriptions, and simplify the complexities of global ecommerce. In 2024, Cleverbridge achieved record growth, expanding its client portfolio across industries while maintaining 99% logo retention and 100% platform uptime. "I'm incredibly proud of what we've accomplished over the past few years — from deepening our client relationships to advancing our global ecommerce capabilities," said Sturgis. "With strong momentum in place, I'm confident that Richard will bring the right leadership and expertise to build on that success. I look forward to supporting him and the company as it moves into a new chapter." "This is an exciting time to join Cleverbridge," said Stevenson. "Wendi and the team have built a strong foundation and positioned the company for long-term success. I'm honored to take the helm and look forward to accelerating our momentum in the market. Above all, we remain deeply committed to delivering exceptional value to our clients and supporting their success in an increasingly complex ecommerce landscape." For more information, visit or follow Cleverbridge on LinkedIn. About Cleverbridge Cleverbridge is the all-in-one ecommerce platform for global subscription businesses. As a merchant of record (MoR), we consolidate the essential components of an ecommerce solution – including payments, subscription management, tax/VAT handling, and regulatory compliance – to help businesses offload operational work and automate digital transactions throughout the customer lifecycle. Since 2005, leading B2B and B2C technology companies across industries have trusted Cleverbridge to deliver frictionless buying experiences and optimize acquisition, expansion, and retention in over 240 countries and territories. Learn more at View source version on Contacts Gordon +1-757-345-8523 Sign in to access your portfolio
Yahoo
29-03-2025
- Science
- Yahoo
New research suggests troubling phenomenon brewing in Antarctic waters — here's what we should prepare for
The Antarctic Circumpolar Current may be moving 20% slower by 2050, according to research described in The Conversation. Surrounding Antarctica in a ring, the Antarctic Circumpolar Current is the strongest ocean current in the world. However, its remote location has historically made it challenging to study, so it's not as well-understood as other currents of its caliber, as the researchers noted. However, modern technology has allowed researchers to delve into this subject further. Australia-based researchers Taimoor Sohail and Bishakhdatta Gayen, along with their colleague Andreas Klocker, used a supercomputer and climate simulator to predict future patterns of currents. "The model captures features others often miss, such as eddies," Sohail and Gayen explain in the Conversation. "So it's a far more accurate way to assess how the current's strength and behaviour will change. … It picks up the intricate interactions between ice melting and ocean circulation." The results weren't encouraging. The projection predicted that fresh water from newly melted Antarctic ice would flow northward and penetrate the deep sea, ultimately slowing the current. As the researchers detailed, the Antarctic Circumpolar Current keeps things in balance. Its chilly temperatures protect the Antarctic from warm water that could melt its shores and disturb its ecosystem. It links the Pacific, Atlantic, and Indian currents, and plays a crucial role in regulating the current climate. If the current slows down, a lot could change. A weaker current would harm fisheries that are important to coastal communities. Pesky invasive species could also worm their way into Antarctic ecosystems, pushing native species out and disrupting the ecosystem's already delicate balance. Such increased competition for resources can lead to the extinction of marine species. Polar ice melting can also trigger domino effects across the rest of the globe, even contributing to droughts and heat waves. Yes, this prediction is bad. No, it's not hopeless. If this comes to pass, it won't happen until 2050. There's still time to limit the melting and keep the Antarctic Circumpolar Current intact. Many organizations are dedicated to combating critical climate issues like this one. For instance, one Dutch startup, Arctic Reflections, is looking to restore Arctic sea ice by pumping cool water onto the ocean's surface. Should we be harnessing the ocean to power our homes? Absolutely Leave it be It depends I'm not sure Click your choice to see results and speak your mind. If you want to do your part to slow the planet's warming, you could install solar panels, upgrade to an induction stove, or donate to climate causes, among many other possibilities designed around the primary goal of helping yourself while helping the planet that are covered in the TCD Guide. However, it's important to remember that big issues like this can't be fully addressed without policy changes. Sohail and Gayen explained in the Conversation that "proactive and coordinated international actions" are the key to the planet's healthy future. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.
