ScanSource Appoints Steve Jones Chief Financial Officer

ScanSource says Jones will help the company grow its SaaS business and accelerate its next phase of growth.

GREENVILLE, S.C. — ScanSource (Nasdaq: SCSC) announces Steve Jones will join the company as Senior Executive Vice President and Chief Financial Officer effective mid-December 2020.

Jones brings strong finance leadership in the technology industry, including SaaS and recurring revenue business models, according to the company. He will report directly to ScanSource Chairman and CEO Mike Baur.

“We are excited to strengthen our executive leadership team, with the experience and skills needed to grow our SaaS business and accelerate our next phase of growth,” says Baur. “Steve’s experience in recurring revenue models, as well as transformation initiatives, fits exceedingly well with ScanSource’s strategic plan.”

Jones most recently served as the International Chief Financial Officer for Blackbaud, a Cloud software company. During his tenure, Jones developed and executed financial strategies for international markets to accelerate revenue and profitability growth, according to an announcement.

Prior to Blackbaud, he led several strategic transformation initiatives at Lexmark Int’l in both finance and operational leadership roles, including corporate director of finance planning and analysis. This included strategic investments to expand from traditional hardware distribution to add high-growth recurring revenue in the enterprise services and solutions space.

Earlier in his career, Jones served as assistant controller at Honeywell. He received his Bachelor of Business Administration, Finance from the University of Kentucky, his MBA from Eastern Kentucky University and is also a certified managerial accountant.

“I am honored to join the ScanSource team and execute on the strategic vision,” says Jones. “ScanSource has tremendous potential for growth and value creation, given the smart and passionate people and strong relationships with customers and suppliers.”

Gerry Lyons, who currently serves as chief financial officer, will continue in his current role until mid-December 2020 and will remain with the company through the end of January 2021 to support the transition.

“I want to thank Gerry for his years of dedicated service and many contributions to ScanSource,” adds Baur. “We appreciate his assistance through this transition and wish him the very best in his future endeavors.”

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