CALGARY, Alberta, Aug. 29, 2024 (GLOBE NEWSWIRE) — Company: Benevity, Inc.the world’s leading provider of social impact software, today announced the appointment of Christopher Maloof as his new Managing Directoreffective September 3, 2024. This leadership change represents an important milestone as Benevity embarks on its next phase of growth as the world’s leading enterprise impact platform.
Chris succeeds Kelly Schmitt, who voluntarily stepped down as CEO after a successful six-year tenure at Benevity. During that time, Kelly helped the company raise over $15 billion and reach a $1 billion valuation while achieving profitability in a challenging market environment. She assembled a world-class leadership team and supported many of the world’s leading companies with their CSR and employee engagement programs. Under Kelly’s leadership, Benevity has cemented its position as a market leader and is a leader in empowering companies to engage their employees, communities and customers to drive greater social impact around the world.
“I am extremely proud of the work we have done to make Benevity a truly global company whose clients include many of the best companies in the world. It has been the privilege of a lifetime to work with our founder, Bryan de Lottinville, and the incredibly talented, passionate team at Benevity,” said Kelly Schmitt, CEO of Benevity. “I am excited to pass the baton to Chris, an experienced executive with a track record of improving performance and scaling high-growth companies, who will lead this next leg of Benevity’s journey.”
As Benevity has grown into a global market-leading enterprise impact platform, Chris is the ideal candidate for the CEO role to build on the strong foundation already in place and take Benevity’s strategic initiatives to new levels. Chris brings extensive experience in product development, global business strategy and organizational growth, as well as extensive expertise in leading scaled enterprise SaaS companies. He has also worked with a number of impact-focused organizations, including nonprofits, national parks and credit unions.
In his previous roles as President and Chief Product Officer at publicly traded company MeridianLink, Chris led the company on its mission to democratize access to finance in local communities and played a critical role in launching several new products, expanding the company’s customer base and partner marketplace, driving strategic acquisitions, supporting the company’s digital transformation initiatives, and ultimately charting a growth path toward a successful IPO.
“Chris has exceptional experience leading organizations focused on growth, scale and efficiency,” said Bryan de Lottinville, Benevity’s founder and board member. “He also aligns with Benevity’s mission and understands what it means to be part of a purpose-driven organization. The board welcomes him as Benevity’s new CEO and is confident he is the right leader to lead Benevity as the company continues to help realize the tremendous potential for companies to leverage their reach, resources and people to build a better future for all of us. I want to thank Kelly for her tremendous leadership and influence in driving Benevity’s many successes over the past six years in her roles as CFO and CEO. She has been an outstanding steward of the company and an inspirational role model to many.”
“It’s great to join Benevity at such an exciting point in its evolution,” said Chris Maloof, Benevity’s incoming CEO. “Benevity has a strong foundation as a company, is incredibly successful, and has a strong culture of service. There is a great opportunity to meaningfully expand on what the team has built. It is a privilege to be able to work with customers, partners, nonprofits, and the Benevity team to shape the future and accelerate our impact going forward.”
With Chris at the helm as CEO, Benevity is poised to further define its category, advance its enterprise impact platform strategy, and continue to set the standard for social impact engagement solutions globally.
To learn more about Benevity’s leadership team and their commitment to helping organizations implement their CSR programs, visit Benevity’s website.
About Benevity
Charitya certified B Corporation, is the global leader in social impact software, offering the only integrated suite of solutions for community investing and employee, customer and nonprofit engagement. Recognized as one of Fortune’s Impact 20, Benevity provides cloud solutions that help many iconic brands better attract, retain and engage their diverse workforce, integrate social impact into their customer experiences, and positively impact their communities. With software available in 22 languages, Benevity has processed more than $15 billion in donations and 79 million hours of volunteer work to support 470,000 nonprofits worldwide. The company’s solutions have also enabled 1.3 million micro-actions and managed 845,000 grants valued at $16 billion. For more information, visit benevity.com
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