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Cymax Expands C-Suite Leadership Team, Positioning for Next Growth Stage

January 20, 2022 by Techcouver Newsdesk Leave a Comment

Following substantial growth despite a challenging global supply chain environment, Vancouver’s Cymax Group Technologies has expanded its c-suite portfolio by naming Shouvik Roy as Chief Financial Officer.

Roy brings an extensive background in financial reporting, financial planning and analysis, investor relations and regulatory compliance across multiple industries from nearly two decades in financial executive roles at some of Canada’s leading brands.

Most recently, Roy served as the CFO of Drop Technologies, an intelligent mobile rewards platform. Prior to Drop, Roy was the CFO of VersaPay, a leading provider of cloud-based, invoice-to-cash B2B solutions.

2021 was a banner year for Cymax Group, having received recognition by the Globe and Mail, Business in Vancouver, and the BC Tech Association.

CEO Riz Somji was also named one of ten EY Entrepreneur Of The Year 2021 national award winners – which recognizes entrepreneurs leading companies whose unbounded innovation, growth and prosperity is transforming lives.

“We are excited to have Shouvik join our executive team as we continue our relentless focus to drive innovation in the furniture industry and enable our partners through world-class ecommerce solutions,” said Somji.

“Shouvik’s breadth and depth of experience leading finance in both private and public companies is a welcome addition to our executive team as we continue our digital and fiscal transformation and see our record sales growth outpacing the market.”

Over the past 12 months, Cymax Group has grown its workforce by more than 50%. The e-commerce leader will soon double its office space as it anticipates a return-to-office and adopts a hybrid work model.

Filed Under: News Tagged With: Cymax

 

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