BillingTree Appoints David Roberts as new President & CEO

Scott McCollum continues as BillingTree's  Chairman of the Board
 
New President to build on five years of consecutive growth by driving BillingTree to achieve aggressive new expansion and revenue goals

PHOENIX, May 30, 2012 - BillingTree, one of the nation's leading on-demand payment processors, today announced the appointment of David Roberts as President and Chief Executive Officer. Former President & Chairman Scott McCollum will continue as BillingTree's Chairman of the Board, following five years of leading the company's daily operations and delivering record growth, now processing payments in excess of $2.5 billion annually. 

David Robert's charge is to lead the company through the next stage of growth, as it continues and expands its leadership position in the payments industry. Prior to BillingTree, Roberts was a Managing Director with Bank of America Merrill Lynch where he led the Equity Plan Services business.  He was previously President and CEO of Equity Methods, a provider of industry leading software and services in the valuation and expensing of share-based awards which was acquired by Merrill Lynch in 2006. For a picture of David Roberts click here.
 
 "I'm delighted to join BillingTree after a period of such extraordinary growth and success in a fast paced and constantly evolving industry," said David Roberts, speaking on his appointment.  "I look forward to continuing the company's success within healthcare, utility and ARM as well as new verticals, fulfilling BillingTree's commitment to becoming the leader in simplifying the electronic payments and billing landscape for the customers we serve."

 "David was the perfect fit for our company, having both a proven track record of scaling businesses and an alignment with our culture and core values," Scott McCollum commented.  "In handing over the day to day executive role to him, I'm excited to see his vision and leadership move us forward from the strong position we've built for BillingTree thus far…we are delighted to welcome him in his new role."

Note to editors: David Roberts is a frequent keynote speaker at corporate and academic symposiums dealing with strategy for firms facing growth challenges. He has lectured at several universities including the University of Chicago Booth School of Business and the J.L. Kellogg Graduate School of Management. On a local level David also serves as the Chairman for the Feed My Starving Children Arizona Leadership Committee.

About BillingTree
The proven leader in on-demand payment processing, BillingTree empowers customers with competitive advantage through a simplification of the billing and receivables process. By delivering the most innovative technology while making it as easy and inexpensive as possible to accept payments, BillingTree has revolutionized the payments landscape. Our software-as-a-service (SaaS) model delivers industry-leading payment solutions, proven integration, and point-and-click simplicity. BillingTree's focus on innovation has allowed us to help more than 2,000 customers eliminate manual processes and automate their payment cycles. BillingTree - Growth is our Business. For more information, visit www.mybillingtree.com or call 877.4.BILLTREE.

# # #

All trademarks are the property of their respective owners.