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AMTdirect Insights Blog

AMTdirect Adds Seasoned Leader as Chief Technology Officer

Former AvidXchange SVP to Drive Leading Lease Management Platform Forward

Patrick Milburn, CTO of AMTdirect

AMTdirect, a leading technology and software company for lease administration and lease accounting, announced the expansion of its executive team with the appointment of Patrick Milburn as the company’s new Chief Technology Officer (CTO). The move comes as a result of the company’s accelerated growth due to the release of new lease accounting standards by FASB, IASB, and GASB and the demand for more advanced lease management solutions.

“We are excited to welcome Patrick Milburn to our leadership team as CTO," said Scott Schubert, Chief Executive Officer and Founder of AMTdirect. "Hiring a CTO with Patrick’s extensive and proven background is critical as we continue to scale our business and build world-class solutions to help businesses simplify the complexity of managing their facilities and equipment.”

Milburn brings impressive professional know-how to the AMTdirect team. Milburn spent most of his career at the pharmaceutical and health technology giant McKesson. He worked his way up from Senior Software Engineer to the Executive Director of Solution Architecture. Most recently, Milburn served as Senior Vice President of Software Engineering at AvidXchange, a highly successful fintech company.

“Joining AMTdirect is an exciting new chapter in my career. From my experience running development organizations in both corporate and startup environments, I know that AMTdirect has great growth potential. I look forward to working with a great team as we harden, enhance and expand our platform to meet our clients’ evolving needs.”

Schubert continued, “We are thrilled to have a leader of Patrick’s caliber joining AMTdirect at such a pivotal time in our history.  His experience will allow him to hit the ground running and make an immediate impact on our team and clients as he drives our technology vision forward.

ABOUT AMTDIRECT

Founded in 1996, AMTdirect is one of the largest and most experienced SaaS companies in the lease administration and accounting technology space. Trusted by over 650 of the world’s most well-known brands, AMTdirect serves companies of all sizes in the retail, healthcare, hospitality, manufacturing, higher education, and business services sectors. For more information, visit www.amtdirect.com or call (704) 896-3118.

ABOUT LUMINATE CAPITAL PARTNERS

Luminate Capital Partners is a private equity firm focused on making investments in enterprise software companies. Luminate partners with management teams to provide capital to drive strategy, growth, and operational improvements.  Luminate's portfolio of market leaders has included AMTdirect, AutoQuotes, Comply365, Conexiom, LiquidFrameworks, Oversight Systems, PDI, Fintech, and StarCompliance. For more information, visit www.luminatecapital.com.

Posted on 9/9/19 7:00 AM by Haley Martin in Press Releases

Haley Martin

Written by Haley Martin

Haley is the VP of Marketing at AMTdirect. She is focused on bringing relevant information about lease administration to accountants and corporate real estate professionals.