Decisiv announced that David Settle, a member of its Board of Directors, has joined the company full-time as Vice President, Finance and Treasurer.
As an early investor in Decisiv, a member of its Board of Directors, and an advisor over the past several quarters, Settle has been instrumental in assisting Decisiv in banking and financing activities.
“Decisiv’s rapid growth in North America and around the globe, and our industry success in on- and off-road markets, has increased our financial complexity,” stated Decisiv’s CEO, Dick Hyatt. “David Settle’s expertise will fill a need for a higher level of planning, budgeting, and financial management to match our growth.”
In his new role, Settle will report to Peter Garahan, Decisiv CFO, and will oversee all financial functions and activities for the company. Settle’s experience includes executive management and CFO roles at CeraTech, the developer of the first commercially viable, environmentally sustainable cement made from 100% recycled or renewable materials, and Softspikes, the company that invented removable plastic golf cleats.
“In my role as an investor, board member and advisor, I have witnessed Decisiv’s growth, success and emergence as the leading provider of SRM technology in the North American commercial vehicle market,” said Settle. “I am very excited to have the opportunity to play a role in Decisiv’s plans to expand into new industries and international markets.”
Decisiv is the recognized market leader in Service Relationship Management (SRM) software for companies in the commercial vehicle, heavy equipment, and industrial asset markets. The Decisiv platform drives uptime, reduces costs, and improves asset performance across the service value chain. The cloud-based platform brings the right information to the right people at the right time during the service lifecycle of an asset by adding a layer of communication and collaboration to legacy system data and connected asset data (IIoT). Decisiv is already the partner of choice for major manufacturers, including Volvo, Mack, Hino, Peterbilt and Kenworth, as well as their dealers and call centers, service networks and asset owners.