digiMine,(TM) Inc., the leader in ebusiness analytics and data mining solutions for business people, today announced Ronald Cook has joined the company as chief financial officer.
Cook is responsible for all accounting, financing, budgeting and reporting functions. With more than twenty-three years of accounting, finance and operations experience, Cook brings to digiMine special expertise in debt and equity transactions, as well as strong relationships with the investor and financial community. He has already contributed significantly at digiMine, helping the company close $20.3 million in round C financing, which was announced May 13, 2002.
“With a winning combination of solid technology, an innovative business model and a talented management team, digiMine has quickly built tremendous momentum in the analytics and data mining market,” said Cook. “It is a great opportunity for me to be part of the digiMine executive team and to help steer a dynamic company’s financial strategies.”
Prior to joining digiMine, Cook was CFO and a board member for Harbor Properties for ten years. There he was instrumental in structuring and creating Harbor Resorts, leading the merger of three Northwest ski areas. In 2000 he was named president of Harbor Resorts, which became one of the region’s largest resort companies, with over 2,500 employees and double-digit revenue growth. Previously, Cook was vice president of finance for a fast growing real estate developer in Bellevue, which eventually became Bentall. There he was responsible for accounting, finance and asset management of a portfolio of thirty-five limited partnerships worth nearly $400 million. Cook also spent eight years as a practicing CPA for Deloitte & Touche in Seattle.
“Ron is a vital addition to the digiMine executive team, providing management excellence and long-term financial strategy for the company,” says Usama Fayyad, president, CEO and co-founder of digiMine. “His skills and experience will be invaluable to us as we continue to grow.”
Since it’s founding in March 2000, digiMine has consistently grown as an organization and developed an impressive customer base of leading companies. The company has received numerous awards, including the Washington Software Alliance’s “2001 Business Product of the Year” and Computerworld Magazine’s “Emerging Company.”
digiMine is setting new standards for the delivery of powerful data mining and analytics. digiMine managed data mining solutions transform raw data into actionable business intelligence for more profitable marketing campaigns, sales interactions and customer relationships. The company’s solutions are powered by a managed data warehouse and delivered via the Internet, providing fast deployment, a low total cost of ownership and outstanding return on investment. For additional information about digiMine call 425/460-5000 or visit the company Web site at www.digiMine.com.
(c)2002 digiMine, Inc. All rights reserved. digiMine and digiMine.com are trademarks of digiMine, Inc. All other marks are owned by their respective entities.