Banker’s Toolbox, Inc., the leader in BSA/AML compliance solutions for financial institutions, announced today the appointment of Max Thoene, Chief Operating Officer.
Thoene is a proven executive with nearly 30 years of senior level leadership with an emphasis in operations, process improvement, and building great teams. He has led organizations through significant stages of transformation, most recently, as Chief Operating Officer at FATHOM Global Water Management, LLC. Thoene also has experience creating world-class operations and services at Accruent, Rackspace and Dell.
“I am thrilled to join Banker’s Toolbox. The company is undergoing accelerated growth due to high demand and exceptional customer retention,” said Thoene. “I look forward to helping the team achieve their ambitious goals to further delight our family of customers and am confident that my years of experience leading teams through process improvement will help us further differentiate our service delivery.”
Thoene joins a team at Banker’s Toolbox that has the company on an aggressive growth trajectory. The company completed its first acquisition earlier this year and expects further investments to continue.
“Max Thoene will significantly enhance our leadership team and company during this accelerated growth phase. He has a rare combination of experience and skills that will serve us well in our mission to build and sustain a great company,” said CEO Wayne Roberts. “Max is also a phenomenal developer of people and will fit our culture extremely well. This combination is something you don’t find often. We are building something special at Banker’s Toolbox, and I am excited about the addition of Max to our leadership team.”
Banker’s Toolbox is supported by private equity firm Accel-KKR and uniquely poised in its industry to continue accelerated growth, recruiting top talent and increasing its market share in the compliance space.
To learn more about Banker’s Toolbox, visit www.bankerstoolbox.com.
About Banker’s Toolbox, Inc.
Austin, TX-based Banker’s Toolbox, Inc. provides tailored software solutions for BSA/AML and fraud detection, beneficial ownership, OFAC scanning, and secure wire processing automation. Our products are designed, supported and served by industry experts. Banker’s Toolbox solutions empower users with transparency, control over their systems, and flexible deployment options, which lay the groundwork for growth and success. For more information, please visit www.bankerstoolbox.com.
Accel-KKR is a technology-focused investment firm with $4.0 billion in capital commitments. The firm focuses on software and IT-enabled businesses well positioned for topline and bottom-line growth. At the core of Accel-KKR’s investment strategy is a commitment to developing strong partnerships with the management teams of its portfolio companies and a focus on building value through the significant resources available through the Accel-KKR network. Accel-KKR focuses on middle-market companies and provides a broad range of capital solutions including credit, minority-growth investments, buyouts, divisional carve-outs and going-private transactions. For more information, please visit www.accel-kkr.com.