Rimilia appoints new board chairman as part of wider exec shake-up

Written by Ruby Hinchliffe
20th May 2020

Rimilia, the AI-powered cash allocation software service, has appointed a new chairman of the board in part of a wider exec shake-up to drive its growth following a $15 million investment in February.

Rob Luddy, a former vice president at California-based software company ServiceNow, has joined the UK-based firm as its new chairman of the board.

“The opportunity ahead for Rimilia and its customers is vast, but to seize it, we must focus clearly,” says CEO

Alongside Luddy, former chief technology officer (CTO) at Thomson Reuters Steven Robertson has joined Rimilia as its new CTO, and former LexisNexis director Andy Lilley has joined as its new chief product officer (CPO).

The software-as-a-service fintech says the latest exec additions are part of its growth plan set in February to invest in product innovation and fuel global expansion.

Its current product offering helps customers manage their order-to-cash processes in real time so they can make more informed sales and credit decisions.

Luddy brings with him his experience in leading ServiceNow’s sales and marketing from launch in 2005, right through to its initial public offering (IPO) on the New York Stock Exchange. Today, ServiceNow is valued at roughly $60 billion.

The new chairman also sits on the board of directors for RizePoint, a Salt Lake City-based data software provider, and on the advisory board for InEight, an Arizona-based construction project management software provider.

The key hires at Rimilia will focus on accelerating and scaling its Accounts Receivable (AR) cloud platform, and roadmap new functionality and modules which further automate the order to cash process.

“The opportunity ahead for Rimilia and its customers is vast, but to seize it, we must focus clearly, move faster and continue to transform,” says Rimilia’s CEO Kevin Kimber.

“A big part of my job is to accelerate our ability to bring innovative products to our customers, rapidly helping them unlock more cash into their businesses, especially in these uncertain economic times.”