#United States #Board of Directors #Herndon #ePlus #Melissa Ballenger

ePlus Inc. Welcomes Melissa Ballenger to the Board of Directors

In an exciting development for ePlus Inc. (NASDAQ: PLUS), the company has announced the appointment of Melissa Ballenger to its Board of Directors. Starting January 7, 2025, Ballenger will also be a member of the Audit Committee, bringing her extensive experience in financial services to enhance the company's governance and strategy.

Professional Background

Melissa Ballenger's career is marked by her significant roles in the financial sector. She most recently served as Chief Financial Officer (CFO) at Mosaic, a financial technology platform dedicated to sustainable home improvements, from 2020 to 2023. Before her tenure at Mosaic, she held the CFO position at Cross River Bank, a leader in innovative fintech solutions, from 2019 to 2020. Ballenger's longstanding finance expertise is further backed by various executive CFO roles she held in global firms such as State Street (EMEA), Santander, and TD between 2003 and 2019.

As she joins ePlus, CEO Mark Marron expressed confidence in the valuable insights her international expertise will bring. He stated, "Melissa has a vast range of experience within the financial services industry, along with international expertise that will provide invaluable perspective as we continue to grow our business." Her rich history in financial leadership positions will be instrumental in recognizing risks and opportunities for the strategic growth of ePlus, ultimately enhancing shareholder value.

Impressive Credentials

Ballenger's impressive resume includes her role as Principal Accounting Officer and Controller at Mastercard, a significant player in global technology for payments. Earlier in her career, she led transformative finance functions at Freddie Mac and served as an auditor at Arthur Andersen. Her strategic foresight has been recognized as she provided invaluable advice to numerous Boards, guiding them through various challenges in stable and tumultuous environments alike. Her extensive executive competency spans across strategic and financial planning, treasury management, and operational risk management.

Ballenger is also a Certified Public Accountant (CPA) and holds a distinguished credential as a Certified Director from the National Association of Corporate Directors (NACD). Having graduated summa cum laude with a Bachelor of Business Administration in Accounting from the College of William & Mary, she continues to contribute to the academic community as a member of the Board of Trustees for the William & Mary Business School Foundation.

ePlus Inc.: A Leader in Technology Solutions

ePlus is recognized for its dedication to providing transformative technology solutions, focusing on delivering exceptional outcomes for its customers. With over three decades of experience, the company offers a comprehensive portfolio that spans various fields including artificial intelligence, security, networking, and cloud solutions. ePlus actively collaborates with a diverse range of organizations to help them navigate the complexities of modern business landscapes successfully.

With more than 2,300 employees and a presence that extends from the United States to the UK, Europe, and Asia-Pacific, ePlus remains committed to leveraging its innovation-driven culture for the maximum benefit of its customers. The addition of Melissa Ballenger to its Board of Directors marks a significant step in ePlus’s trajectory, ensuring strengthened oversight and strategic direction as the company continues to thrive.

To sum up, the inclusion of Melissa Ballenger heralds a new chapter for ePlus as it seeks to harness her vast expertise to fortify its operational and strategic objectives moving forward. As Ballenger noted, "I’m thrilled to be joining the Board of Directors of ePlus and have the opportunity to work as part of the team that has generated such a strong record of steady growth." This sentiment reflects her eagerness to contribute to the book of success that ePlus has established over the years.