William McNamara Joins Zenwork as CFO

FAYETTEVILLE, AR and DALLAS, TX / ACCESSWIRE / MARCH 8, 2022 / Zenwork, a leading provider of digital tax compliance and regulatory reporting software for businesses everywhere,announced the expansion of its leadership team with the appointment of William McNamara as its new Chief Financial Officer (CFO). The appointment brings additional financial and operational expertise to contribute to the company's growing business, supporting Founder & CEO Sanjeev Singh. It is the first of several additional executive positions Zenwork will be making in the Dallas, TX area over the next several months.

Along with the recently announced $163 million minority growth equity transaction led by Spectrum Equity, this appointment will enable Zenwork, operating under the Tax1099 and Compliancely brands, to further expand and grow its service offering well beyond the over 150,000 customers it has today.

"Zenwork is experiencing tremendous momentum, and I'm proud to welcome Bill as our CFO to round out our leadership team. Bill is a strategic finance executive with a successful track record of leading finance organizations. His outstanding leadership qualities honed at fast-growing technology companies will complement the Zenwork team well," said Sanjeev Singh. "With his growth mindset, focus on values, and experience implementing compelling operating plans, Bill is positioned to make a positive impact as a leader at Zenwork."

In his new role, William will be responsible for driving the growth of the company's financial performance and improving its operational and administrative functions. William comes to Zenwork with nearly 30 years of financial and operational experience in technology and services industries. Most recently, he served as the Chief Financial Officer at Theatro, a provider of communication services for frontline retail employees. Prior to that, he held several executive roles at Ziosk including CFO, COO, and President of Ziosk Financial Services. William also has over 15 years of experience in Sales Finance and Operations at SAP, PeopleSoft, and Kraft Foods.

"Zenwork is well-known as the Digital Tax Automation and GRC software leader. I'm thrilled to be joining at a time when Compliance and Risk have become crucial for business growth and survival. Zenwork's offering provides the foundation for businesses of all sizes to succeed in this fast-changing business landscape," said William McNamarra. "Sanjeev and the team have built an impressive company with a distinctive culture that focuses on impact, innovation, and an obsession with customer success. I look forward to contributing to the team as we strive for continued growth while ensuring we meet the future needs of our diverse customer base."

About Zenwork

Zenwork, through its Tax1099 and Compliancely brands, is a fast-growing digital tax compliance and regulatory reporting technology company, with 10+ years of experience powering informational tax returns and compliance checks on behalf of its customer base. The company currently serves over 150,000 customers nationwide, including 30,000 CPA firms, as well as enterprise customers. Learn more about Zenwork at www.zenwork.com, www.tax1099.com and compliancely.com.

About Spectrum Equity

Spectrum Equity is a leading growth equity firm providing capital and strategic support to innovative companies in the information economy. For over 25 years, the firm has partnered with exceptional entrepreneurs and management teams to build long-term value in market-leading Internet-enabled software and information services companies. The firm is investing its ninth fund with $1.5 billion in capital. Representative investments include Ancestry, Bats Global Markets, Definitive Healthcare, GoodRx, Grubhub, Kajabi, Lucid Software, Lynda.com, SurveyMonkey, and Verafin. For more information, including a complete list of portfolio investments, visit www.spectrumequity.com.

Contact:

April Rae Mallord
Zenwork, Inc.
april@zenwork.com

SOURCE: ZENWORK INC.