HOUSTON, TX -- February 16, 2023 -- SMA Technologies, a leading provider of automation solutions for financial services, today announced the appointment of Sam Foshay to Chief Financial Officer. In his role, Foshay will lead SMA’s Finance, Accounting, and Legal departments, bringing over a decade of proven success operating in the software sector across various businesses.
“SMA Technologies is an incredibly durable business that is poised for massive growth,” Foshay said. “I’m very impressed with the business and look forward to contributing to the next phase of growth to build on SMA’s strong momentum in the market.”
Foshay will be responsible for improving daily business operations, bolstering SMA’s financial health, and refining its growth profile to scale with customers and prospects as their needs evolve. Foshay has spearheaded many high-growth businesses with equal exposure to organic and inorganic growth models across private equity, venture capital, and publicly traded environments.
“Sam’s experience will be invaluable in this next growth phase supporting our mission to become the leading automation provider in financial services,” said Todd Dauchy, Chief Executive Officer at SMA Technologies. “His skillset is vital to our team and an invaluable asset for our clients and financial stakeholders.”
Prior to joining SMA, Foshay was CFO at Honorlock, a leading provider of proctoring software to higher education and corporate markets, and served as SVP of Finance and Corporate Development at Social Solutions (currently Bonterra), a leading provider of case management solutions for not-for-profit organizations and government agencies. Foshay holds a Bachelor of Science in Business Administration from Chapman University in Orange, California.
About SMA Technologies
SMA Technologies is the maker of OpCon, the leading workload automation and orchestration platform for banks, credit unions, insurance companies and other financial services businesses. The platform delivers enterprise power and scalability without the complexity or cost. OpCon enables companies to easily automate manual tasks and seamlessly orchestrate workloads across business-critical operations, saving time and reducing cost by eliminating human error and deploying IT resources on strategic initiatives. More than 1,000 clients trust SMA with their mission-critical operations. Please visit www.smatechnologies.com to learn more.