Portland, ME (PRWEB) November 8, 2004
BlueTarp, Inc., (http://www.bluetarp.com) a Portland-based company offering trade credit and information management services for the building material industry, through a specialized commercial purchase card program, has hired Bond R. Isaacson as president and chief executive officer.
ÂBondÂs management and sales experience in the financial industry will help BlueTarp achieve its aggressive goals for growth, and build on the value created to date,Â said Brian Rigney, BlueTarpÂs founder. Rigney will now serve as BlueTarpÂs executive vice president and chief financial officer, and will remain on the Board of Directors.
Prior to joining BlueTarp, Mr. Isaacson was co-CEO of Concord EFS based in Memphis Tennessee, a leading financial services company that he managed through a multi-billion dollar sale to First Data Corporation. At Concord EFS, Mr. Isaacson also managed Payments/Merchant Services, Network/Branded bank relationships, and its nationwide ATM network, as well as Risk Management Services. Previously, Mr. Isaacson was payments executive at Bank of America, where he was responsible for the companyÂs payments strategy, and oversaw four major divisions (debit cards, ATM, Stored Value and Merchant Services). He was also with Visa USA as executive vice president of member and merchant sales, and president of e-Visa, Visa USAÂs e-commerce business.
Prior to that, Isaacson was with IBM Corporation for 19 years, and most recently led the $400 million finance unit responsible for selling and implementing solutions (hardware, software, services) at NationsBank and later the combined Bank of America Corporation.
ÂI am very excited about this exceptional opportunity to lead the company. BlueTarp is poised for substantial growth as a leader in providing financial services to the building materials industry,Â said Mr. Isaacson. ÂThe company has proven its technology and business model, and we can now build upon the work done by the team to aggressively grow our customer base.Â
About BlueTarp, Inc.
BlueTarp offers an enhanced purchase card program for the building material industry. Through outsourcing their trade credit portfolios to BlueTarp, building material dealers, such as lumberyards, benefit from increased cash flow, streamlined back office operations, reduced credit risk, and enhanced customer service. In turn, BlueTarp provides the dealersÂ customers with a commercial credit product that delivers detailed invoice information daily through a secure web site, with purchases linked to a specific job, and a means to download job-cost details directly into their accounting system. For information about BlueTarp and its services, visit http://www.BlueTarp.com.
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