Supply chain tech company taps new CEO
Verusen, an AI-powered supply chain materials intelligence company, has appointed Scott Matthews as chief executive officer and board director. Scott joins Verusen to lead day-to-day operations alongside Founder Paul Noble, who will transition to the position of chief strategy officer.
Verusen delivers materials intelligence to help customers, including ABinBev, Georgia Pacific, and many Fortune 500 manufacturers, gain greater visibility and control into their supply chain materials data. Verusen's customers have generated hundreds of millions of dollars in savings opportunities and working capital reductions by leveraging the platform. With the appointment of Scott Matthews, Verusen will expand its materials intelligence vision beyond reaching manufacturers to include building systems directly with suppliers and serving as the connective tissue between the two.
“I’m thrilled to join Verusen and help develop new growth cycles for our customers,” Matthews. “It’s an exciting period in the company’s lifespan. Paul launched Verusen with a disruptive AI platform that delivers results-driven materials intelligence and provides measurable benefits to our supply chain customers, impacting their bottom line. Due to the high demand for Verusen’s platform, the company is well-positioned for accelerated growth. I look forward to partnering closely with Paul, the senior management team, board members, and the entire Verusen sales and marketing operation to take the company to the next level of growth.”
Matthews brings 16 years of leadership experience to Verusen. Previously, he was CEO of MRP, the Philadelphia-based global provider of predictive customer acquisition software and services. Before joining MRP, Matthews was CEO of CrowdTwist Inc. for four years. Scott successfully negotiated multimillion-dollar contracts with Fortune 500 accounts while repositioning the go-to-market strategy for CrowdTwist’s customer loyalty SaaS solution. During Scott’s tenure, the company rapidly scaled sales achieving 728% overall revenue growth, delivered strong business performance, and was acquired by Oracle in a multimillion-dollar deal in 2019. Earlier, Scott held senior-level roles in technology, sales, and SaaS companies.
“Great teams are built when you add people with complementary skill sets,” said Noble. “Scott levels up our ability to serve our customers as we continue to transform the industry. We are excited to join forces and accelerate the company’s reach, building trusted networks and connecting companies with their suppliers. Scott will oversee Verusen’s daily operations and GTM strategies. Together, we will work to drive additional growth for Verusen. I will continue to focus on our company vision and strategy as we expand and serve all our customers across their global operations.”
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
