Scivantage, a Global FinTech 100 provider of wealth management and cost basis solutions, today announced the appointment of Chris Calhoun, former Chief Operating Officer of Gain Capital Holdings Inc (NYSE:GCAP), as its Chief Executive Officer.
Mr Calhoun, who has been on the Board of Directors at Scivantage since 2010, has more twenty years of experience in governance and executive management roles. Prior to Scivantage, he was Chief Operating Officer of GAIN Capital where he played a crucial role in GAIN’s growth. He currently serves on GAIN’s Board of Directors.
“Over the past year and half we have made several strategic investments across the firm, in our people, product portfolio and service delivery. I am delighted to lead this team of industry veterans to deliver on the long-term strategy of Scivantage and bring premium value to our clients through innovative products and a superior client experience,” said Mr Calhoun.
“Chris was the logical choice to lead Scivantage as the company enters its next phase of growth,” said Charles Shufeldt, Senior Advisor, Brown Brothers Harriman, and member of Scivantage Board of Directors. “Chris’ familiarity with Scivantage, industry experience, and past success give him a unique understanding of the complexities and challenges of our industry and what Scivantage needs to do to continue to add value to our clients in helping them meet these challenges.” “We are also pleased that Adnane Charchour, former CEO and founder of Scivantage, will remain on the Board to help us take the company to the next level,” added Shufeldt.
“We are delighted Chris has accepted the role of CEO at Scivantage,” said Michael Kopelman, General Partner, Edison Partners, and member of Scivantage Board of Directors. “Edison was fortunate to have the opportunity to work with Chris in his prior role at GAIN Capital where we shared mutual success. Chris is a proven leader whose vision for the future of our company is precisely what Scivantage and our clients need as we move forward.”
To view the official announcement on the appointment, click here.