ST. PETERSBURG, FL--(Marketwired - November 16, 2015) - Intrinio officially announces Mike Roszel as the company's Chief Executive Officer. Co-founders Joey French and Rachel Carpenter welcomed Mr. Roszel to the team in summer of 2015, a few months after Intrinio publicly launched, and at a time of exciting growth and expansion.
"I couldn't be happier to announce that Mike is joining Intrinio," said Rachel Carpenter, co-founder and Vice President of Intrinio. "Mike has C-Suite management experience and years of involvement across all disciplines of finance. But what's even more important is that he truly believes in what we are building at Intrinio. We built a solution that was immediately identifiable and useful to him personally. It's something he understands, it's something he can sell, and it's ground-breaking enough to nudge him out of the corporate world to help us grow something revolutionary. The financial landscape is transforming rapidly. Mike's traditional institutional experience is extremely valuable to our team, but he respects the industry's evolution. He's agile, he's creative, and he has the vision to be a driving force behind the future of finance."
Mr. Michael Roszel, also known as Mike, served as Vice President of Finance and Accounting at Global Convergence, Inc. and was later promoted to Chief Financial Officer. Prior to GCI, Mike was responsible for a $65M P&L for a satellite manufacturing division of Telecommunication Systems Inc., a publicly traded wireless technology company headquartered in Annapolis, MD. He has also been responsible for natural gas trading and portfolio management at Constellation Energy Group, and began his career in investment banking at UBS. Mike has a track record of, and a commitment to, accurate, consistent, and timely financials. He holds degrees in Finance and Economics from The Pennsylvania State University, Smeal College of Business.
"Very shortly after meeting Mike it became apparent to us that he was the leader we needed to take Intrinio to the next level," said Co-Founder and President Joey French. "His intelligence, intuition and values make him the perfect addition to lead our team as we grow. Rachel and I had the financial expertise, technical expertise, passion and grit to bring Intrinio to market, but we realized that Mike's years of experience provide value at the helm of our ship. He's unique in his ability to capitalize on our innovations and technology and translate them into executable strategies. We're excited to work with Mike as we enter our next chapter, which I'm confident will be one of exciting growth and expansion."
Mike's priorities as Chief Executive Officer of Intrinio will be raising capital, scaling the sales process, and preparing and organizing the company for growth. Mike will be leading both the day-to-day management of the company as well as the sales team.
"I heard about what Joey and Rachel were building at Intrinio from a colleague of mine, and I was immediately intrigued and interested. It is a great product with huge upside potential. The Fintech space has the tech community, investors, and consumers buzzing about what the future holds," said Mike Roszel, CEO of Intrinio, "I truly believe Intrinio is primed to disrupt the financial data market. In the past, consumers of financial data and valuation services were paying astronomical prices. Not anymore. Having spent most of my career being a consumer of financial data, I understand the large price tags associated with data and the right to redistribute the data. The idea of paying for the right to use a product makes no sense. Millennials, who are the future consumers of not only Intrinio data but big data in general, do not think this way. Not to mention -- most users only consume a fraction of what large data firms charge them for. This ultimately led us to the idea of paying for what you use, and nothing more."
Mike continued, "The technology in the background is continuously becoming smarter in how it processes and standardizes incoming data sets. This is what separates us from our competitors, and it's the reason why Intrinio can deliver flexible, high quality, comprehensive data at a fraction of the typical cost. The engine is IBM Watson-esque, constantly getting smarter."
Intrinio is a financial data firm that provides investors, developers and entrepreneurs with access to cross-platform, investment-grade data at disruptively low prices with no seat licenses. Users pay only for the data they use, and can access the Data Feed via an API, Excel add-in, and a Google Sheets add-on. Intrinio is the only cross-platform provider of financial data. Users can access it anywhere, anytime from any device (Apple, Google, and Microsoft products). As the only financial data provider compatible on Mac OS X and in the cloud, Intrinio strives to deliver an unprecedented level of flexibility. In addition, Intrinio provides access to a collaborative valuation engine online where users can analyze the intrinsic value of publicly traded stocks. Intrinio was founded in 2012 and is headquartered in St. Petersburg, Florida. For additional information, visit www.intrinio.com or email firstname.lastname@example.org.
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