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ATLANTA, April 16, 2021 (GLOBE NEWSWIRE) Paya (NASDAQ:PAYA), a leading integrated payments and commerce solution provider, today announced the appointment of Oni Chukwu to its Board of Directors. Mr. Chukwu was Executive Chairman and CEO of Aventri, a leader in cloud-based enterprise Event Management Software for over 1600 enterprise customers in more than 50 countries. At Aventri, Mr. Chukwu managed a comprehensive transformation and international expansion strategy resulting in significant growth. Mr. Chukwu will serve on Paya s Audit and Risk, Compensation, and Nominating and Corporate Governance Committees.
Mr. Chukwu s prior roles included EVP and CFO of Triple Point Technology, a global enterprise software firm specializing in commodities management, EVP and CFO of Netkey, an enterprise software firm specializing in self-service kiosks and digital signage, and CFO of Healthcare Software Synergies. Mr. Chukwu s AfricaPlan Foundation supports entrepreneurs in dev
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The global event management software market size is expected to grow from USD 3.6 billion in 2020 to USD 6.4 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 10.0% during the forecast period.
COVID-19 has globally changed the dynamics of business operations. Though the COVID-19 outbreak has thrown light on weaknesses in business models across sectors, it has offered several opportunities to event management software vendors to expand their business across enterprises as the adoption of cloud has increased in lockdown caused due to COVID-19. Amidst lockdown, many companies are reducing their IT spending in 2020.
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