Benevity, a provider of social impact software, today announced the appointment of Christopher Maloof as the company’s next Chief Executive Officer.
Effective September 3rd, this leadership transition “marks a significant milestone as Benevity embraces its next phase of growth as the world’s leading enterprise impact platform,” according to a statement from the Alberta tech firm.
Maloof succeeds Kelly Schmitt, who has opted to step down from the role after a six-year tenure at Benevity.
Schmitt helped the company surpass $15-billion in donations through initiatives like GivingTuesday as well as a $1-billion valuation, while also achieving profitability in a challenging market, the company commented, which solidified its position as a market leader. This included having to make some tough decisions, such as layoffs in early 2023.
“I am exceptionally proud of the work we’ve done to build Benevity into a truly global company with many of the best companies in the world as our clients,” Schmitt said. “It has been the privilege of my lifetime to work alongside our founder Bryan de Lottinville and the incredibly talented, passionate team at Benevity.”
As for her replacement, Maloof brings with him a “wealth of experience in product development, global business strategy and organizational growth and deep expertise in leading scaled enterprise SaaS companies,” including previous roles as President and Chief Product Officer at public company MeridianLink.
“I am excited to pass the baton to Chris, a seasoned executive with a track record of accelerating performance and scale in high-growth companies, to champion this next stage of Benevity’s journey,” stated Schmitt.
Benevity founder de Lottinville believes Maloof possesses “exceptional experience leading organizations.”
“He is also aligned with Benevity’s mission and understands what it means to be part of a purpose-driven organization,” the founder stated. “Benevity … continues to help realize the mammoth potential for corporations to use their reach, resources, and people to build a better future for us all.”
Maloof says it’s an “exciting” time to be joining the organization.
“Benevity has a strong foundation as a business, is incredibly successful, and has a deep culture of service,” says Maloof. “There is a great opportunity to meaningfully expand upon what the team has built.”
“It is a privilege to be able to collaborate with customers, partners, nonprofits and the Benevity team to chart the future and accelerate our impact going forward,” the incoming CEO added.
Benevity was founded in 2008.
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