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FreshBooks Founder Mike McDerment Passes the Torch to New CEO, Don Epperson
January 14, 2021 11:30 ET | Source: FreshBooks FreshBooks Toronto, Ontario, CANADA
Toronto, Canada, Jan. 14, 2021 (GLOBE NEWSWIRE) FreshBooks, the #2 small business accounting software in America, with paying customers in 100+ countries, today announced the appointment of Don Epperson to Chief Executive Officer. Founder, Mike McDerment, currently serving as Chief Executive Officer, will continue as Chair of the Board and an active member of the executive team. These changes are effective immediately.
“Over the last 24 months, Don and I have built an incredible partnership. The next two years are on track to be FreshBooks’ best, in large part thanks to Don. I cannot imagine a better way to set FreshBooks up for continued success than appointing Don to Chief Executive Officer” said McDerment, who founded the company in his parents’ Toronto base
FreshBooks founding CEO Mike McDerment steps down as executive director Don Epperson takes over
Mike McDerment, the founder and longtime CEO of accounting software company FreshBooks, has stepped down from his role and is being replaced by board member and executive director Don Epperson.
“The next two years are on track to be FreshBooks’ best, in large part thanks to Don.”
The switch-up was announced Thursday, with Epperson officially taking on the CEO role “effective immediately.” McDerment is set to continue on with FreshBooks as chair of the board and “an active member” of the executive team. The company stated that he will continue to “be highly involved with FreshBooks’ long-term vision, supporting Epperson and team with strategic product direction, and culture, customer and community advocacy.”