– USA, WA – Payscale, Inc., the leading provider of compensation data, software, and services, today announced the appointment of Alex Hart as CEO, effective immediately, succeeding Scott Torrey who has decided to step down as CEO.
“We are also very excited to welcome Alex Hart onboard and believe his deep experience leading high-growth technology businesses makes him an ideal candidate to take the company to the next level of growth,” said Peter Christodoulo, Partner at Francisco Partners.
“We are thrilled to bring Alex’s energy, expertise, and track record in leading businesses to Payscale,” said Ryan Hinkle, Managing Director of Insight Partners.
About Alex Hart
Alex Hart has an extensive track record of success in leading software businesses at key inflection points in their growth trajectories. Most recently, he was the CEO of 2Checkout, leading an acceleration in growth from 5% to 30% at the time of its acquisition by Verifone. Previously, he was the President & CEO of Official Payments from 2010 until its sale to ACI Worldwide in 2013. Mr. Hart has also previously held leadership roles at FleetCor, CheckFree, and Corillian.
“The need to get compensation right has never been more important, and I am excited to join Payscale at such a pivotal moment. The Great Resignation, remote and hybrid work arrangements and the heightened prominence of pay equity issues make compensation excellence a strategic imperative. Payscale is especially well-positioned to assist its nearly 10,000 customers in navigating the new landscape through its market-leading compensation data, benchmarking, and analytics,” commented Alex Hart. “I look forward to building on Payscale’s strong momentum and helping this talented leadership team further accelerate the company’s growth.”
About Payscale
As the industry leader in compensation management, Payscale helps job seekers, employees, and businesses get paid right, with 10,000 customers, including 53% of the Fortune 500, and prices 27 million jobs annually with $1.4 trillion in value across 198 countries. Payscale’s mission is to empower organizations to make fair compensation a strategic imperative and fuel every pay decision with data-driven confidence, accompanied by best-in-class services and innovative software. Payscale provides multiple options to contrast, manage, and analyze pay data, helping employers to make equitable compensation decisions. Fueled by predictive analytics, practical recommendations, and industry insights, Payscale helps HR teams to adjust compensation reflecting near-real-time changes in the market —with the competitive advantage of adapting faster. To learn how companies like The Washington Post, Perry Ellis International, United Healthcare, and The New York Times rely on Payscale to attract and retain top talent, engage employees, and plan their future workforce. Pay is Powerful.
For more information: https://www.payscale.com/
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