AUSTIN, Texas - Q2 Holdings , Inc. (NYSE: NYSE:QTWO), a provider of digital transformation solutions for the financial services industry, has promoted Katharine Briggs to the role of Chief Product Officer (CPO), effective March 31, 2024. Briggs, who has nearly three decades of experience in the sector, will also join the company's executive leadership team.
In her new capacity, Briggs will oversee the strategic direction and development of Q2's product portfolio. Her focus will be on enhancing the company's offerings to financial institutions like banks and credit unions, aiming to improve their customer acquisition, growth, and service capabilities. She will report to Q2 President Kirk Coleman.
Briggs has been with Q2 for over seven years, most recently leading the Customer Success organization, where she worked closely with the Product teams. Her efforts have been instrumental in ensuring that Q2's solutions provide tangible benefits to its client base, which includes more than 1,300 financial institutions.
Prior to Q2, Briggs held the position of COO at a Blackstone-owned specialty finance company and was a Managing Director at BlackRock (NYSE:BLK) Solutions.
Q2 President Kirk Coleman expressed his confidence in Briggs, citing her successful track record and customer-centric approach as key assets that will contribute to the company's ongoing product innovation and customer service excellence.
Briggs herself is committed to continuing Q2's nearly twenty-year focus on innovation, aiming to maintain the company's leading position in the digital transformation space.
Q2 Holdings, Inc. specializes in digital engagement solutions for various financial entities, including banks, credit unions, alternative finance companies, and fintechs, both in the U.S. and internationally. With its headquarters in Austin, Texas, and offices around the globe, Q2 is known for its comprehensive, data-driven digital solutions for consumer, small business, and corporate clients.
The information in this article is based on a press release statement from Q2 Holdings, Inc.
InvestingPro Insights
As Katharine Briggs takes the helm as Chief Product Officer at Q2 Holdings, Inc. (NYSE: QTWO), the company's financial metrics and market performance continue to be a key focus for investors. With a market capitalization of $3.05 billion, Q2 Holdings is navigating through a dynamic financial services industry, aiming to leverage its digital transformation solutions to drive growth.
An InvestingPro Tip indicates that analysts are optimistic about Q2 Holdings' future, with net income expected to grow this year. This anticipated growth aligns with Briggs' strategic vision for product development and innovation. Moreover, the company's strong return over the last year, with a 124.57% increase, underscores the market's positive reception to its offerings and business model.
InvestingPro Data also reveals that Q2 Holdings is trading near its 52-week high, at 97.17% of this benchmark, reflecting investor confidence in the company's trajectory. Despite a negative P/E Ratio (Adjusted) of -35.46 for the last twelve months as of Q4 2023, the company has exhibited a healthy revenue growth of 10.42% during the same period, suggesting a solid top-line performance.
For readers interested in a deeper dive into Q2 Holdings' financial health and future prospects, InvestingPro offers additional insights. There are 11 more InvestingPro Tips available, providing a comprehensive analysis of the company's financials and market performance. To access these valuable insights, visit https://www.investing.com/pro/QTWO and use coupon code PRONEWS24 to get an additional 10% off a yearly or biyearly Pro and Pro+ subscription.
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