Montreal, Quebec, November 17, 2016 – On Friday October 21, during a company-wide annual meeting, Rémy Therrien, Croesus’s founder, announced his transition from President to Executive Chairman of the Board. Sylvain Simpson now assumes the role of the President.
Sylvain Simpson has held several positions at Croesus in the past 22 years, the most recent being Vice President, Research and Development. In his new role, he will focus on both the operational and organizational aspects of the business, ensuring that the board’s vision continues to permeate at every level of Croesus.
“The unprecedented growth we have experienced in recent years is the result of Rémy’s hard work and the contribution of everyone at Croesus. We will continue to work closely to ensure that our management team and our employees have the tools to reinforce our position as a pioneer in the Fintech industry,” said Sylvain Simpson.
As Executive Chairman of the Board, Rémy Therrien will lead strategic initiatives and play a key role in elaborating the long-term vision of Croesus.
“This transition reflects our commitment to lead Croesus using a structured, thoughtful and planned approach. As a team, we will continue to pursue our mission to satisfy our clients, employees and partners, while having a positive impact on our community,” stated Rémy Therrien.
Since 1987, Croesus has been providing sophisticated wealth management solutions to financial institutions throughout North America. Currently, 10,000 investment professionals use Croesus solutions to manage over $900 billion in assets. With its 180 dedicated employees, Croesus has built a reputation on the ability to efficiently transform data into information, develop portfolio management solutions to drive efficiency and deliver business intelligence for fact-based decision-making. Croesus works with its clients as partners, and the company’s goal is to ensure their long-term success. To add value, Croesus actively listens, learns and engages with them to develop technology solutions that are innovative, flexible and secure. Over the years, the company has built a culture based on core values related to work/life balance, personal development and giving back to the community. Croesus is a “PME en lumière 2016” winner and is recognized as one of the “Best Managed Companies”, “Remarkable Employer—Ethnocultural Diversity”, “Canada’s Top Small & Medium Employers”, and one of the “top 300 most important companies in Quebec”. Croesus’s offices are located in Montreal, Toronto and San Diego.
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