We’ve mastered the ins and outs of global commerce
Established and fast-growing brands rely on our flexible, API-powered solutions to sell direct to their customers, whether they live around the corner or around the world.
Commerce with Accountability
Commerce is evolving. Fast. You need one partner you can trust. Digital River believes in Commerce with Accountability. For decades, we’ve helped brands take control of their destiny by powering ecommerce around the globe.
Dog Day at Digital River
Once a month, Digital River invites our furry friends to join us for bring your dog to work day. Join in the fun! Join our team and let’s see where we can go together.
Siemens Solves for Channel Complexity
Sandy Coleman, Sr. Director of Cloud Commerce Strategy at Siemens, shares how Digital River helped manage their global partner ecommerce with minimal overhead cost by automating partner compensation payments in multiple currencies.
We're Different, Here's How
For the last 25 years we've worked to disrupt the commerce industry. And we have had a lot of fun doing it.
$3 billion in transaction volume processed annually.
65+ employees have been with us for over 15 years.
We got our start bringing online downloads to the software industry.
Over 60 issued patents.
13+ weeks paid parental leave.
Meet the Team
Senior Vice President, Sales
Daniel Breuer is Digital River’s Senior Vice President of Sales, driving Digital River’s global sales efforts.
With a background deeply rooted in finance, Dan began his career at Digital River more than 11 years ago in the finance organization. Dan led pricing as well as revenue forecasting and analysis, before becoming Director of Finance in 2016. From there Dan moved into the sales organization. Dan was soon leading North American sales and is now responsible for all global sales efforts.
Prior to Digital River, Dan held financial planning and analysis roles at Honeywell within the company’s Automation, Combustion and Controls division.
Chief Financial Officer
Keith Bush is Digital River’s Chief Financial Officer, overseeing accounting, finance, treasury, and tax. He works closely with other executive leadership team members as Digital River continues to execute on its strategic pivot and accelerate its growth trajectory. Keith brings an extensive background leading finance teams to enable growth at some of the nation’s most iconic brands.
Prior to Digital River, Keith served as the Chief Financial Officer and Senior Vice President at Deluxe Corporation, where he led several hundred team members across finance, accounting, treasury, tax, investor relations, and other critical functions. Before Deluxe, Keith spent much of his career in the airline industry, where he played a critical role integrating the merger of American Airlines and US Airways after spending 14 years at Northwest Airlines.
Chief Executive Officer
Adam Coyle has spent over 25 years in the financial technology industry in a wide range of executive roles. Adam joined Digital River as CEO after spending three years as Digital River boardmember and executive partner at Siris Capital. Before joining Siris he was executive vice president of strategy and corporate development for Vantiv (now FIS WorldPay), a role he assumed after serving as the president of one of Vantiv’s major subsidiaries, National Processing Company.
Adam’s prior experience also includes time spent as an operating partner at Advent International, a leading global private equity firm, and a variety of senior leadership roles at First Data Corporation. He is a current or former director of numerous companies, including Transaction Network Services, Intralinks, FirstBank, Paymentech, NYCE and First Financial Bank.
Chief Operations Officer
As Digital River’s chief operations officer, Ryan Douglas leads the company’s operations and information technology (IT) organizations. Functional areas include customer, technical and business operations, information security, data and cloud engineering, and corporate systems teams. Ryan is responsible for transforming Digital River’s operational support for customers and partners, maintaining service excellence, and advancing the company’s information technology strategy.
Ryan joined Digital River in 2005 and has held numerous leadership positions in software engineering, information technology, and operations. Prior to Digital River, he served at several technical service startup companies focused in the legal discovery, content management, and content delivery space. In all, Ryan has over 25 years of experience in technology and operational leadership.
Senior Vice President, Customer Success and Partner Enablement
Jason Hofmann has built his career on finding creative solutions to help enterprise businesses grow revenue. Starting at Digital River in 2010, Jason took on the responsibility for building a global team to grow Digital River’s largest enterprise customer. A complex endeavor that helped shape the way Digital River approaches customer success across teams. As senior vice president of customer success and partner enablement, he is responsible for operations, customer service and partnering with Digital River clients to build fast-paced, global ecommerce businesses.
Jason brings more than 20 years of experience focusing on driving global online commerce across B2B and B2C channels. Prior to joining Digital River, he served in revenue-driving commerce roles at companies ranging from Microsoft to a boutique consultancy focused on extending brands into new markets.
Senior Vice President, Product
Mike Penterman leads a global team of ecommerce technology professionals and is transforming our delivery organization from a direct delivery model to a partner support and enablement team. With more than 20 years of experience working in various technology roles, he has a wide depth of knowledge related to ecommerce, project management, organizational transformation, product delivery, and strategy formation and execution.
Prior to joining Digital River in 2003, Mike served in a leadership role at TouchNet Information Systems, an ecommerce company focused on the higher education market. He also has worked as a consultant for Data Systems International and was part of the leadership team that launched technology startup, eScreen. Throughout his career, Mike has worked with some of the largest companies in the world including Microsoft, Walmart, Samsung, Motorola, Adobe, and Verizon.
Chief Marketing Officer
Ted Rogers started at Digital River in 2017 and brings a unique perspective to the business, with past roles spanning from marketing to credit and fraud to operations. He served first as vice president and general manager of MyCommerce, then vice president of global expansion and fulfillment operations, and vice president of strategic marketing before being named chief marketing officer. His focus lies in communicating Digital River’s value and driving growth for customers and partners by taking a global, scalable and quantitative approach to marketing.
Ted has an extensive background in ecommerce and marketing management, serving as a marketing executive in the industry for over 20 years. Prior to joining Digital River, he held a variety of leadership roles at FICO and Bluestem Brands, Inc – Fingerhut and PayCheck Direct.
Chief Technology Officer
Oleg Ryaboy leads a global team of software engineers and developers tasked with delivering innovative ecommerce technology solutions. They build and support scalable, high-performing ecommerce technologies and features that power the global online businesses for Digital River’s world-class clients. Oleg is responsible for managing and advancing the company’s SaaS cloud ecommerce platforms, which operate on a massively distributed architecture.
Prior to joining Digital River in 2010, Oleg served as a leader in software development and IT research and development at CVS MinuteClinic, CVS Health, Target and several software startup companies. Oleg was recently honored as one of Minnesota’s 500 Most Powerful Business Executives by Greenspring Media for 2021.
Chief Administrative Officer
KT Schmidt is Digital River’s chief administrative officer. He directs all activities related to building the international workforce, overseeing facilities management, and compliance and risk management programs that drives Digital River’s success. This includes developing talent management and organizational enablement strategies that support the company’s growth initiatives, attracting and retaining some of the top experts in the ecommerce industry, and building a comprehensive risk management and compliance program to protect our company and our clients.
KT brings to Digital River more than 15 years of operational and organizational experience, working with Legal, Human Resources, Facilities and IT teams, and managing global Human Resources and corporate operating practices. This includes compensation and compliance programs, mergers and acquisitions, facilities and technology contract negotiations.
Prior to joining Digital River, KT served as general counsel and vice president of human resources and information security at International Decision Systems, a global market leader and B2B software provider in the financial services space. There, he had responsibility for building the Legal, Human Resources, Facilities and IT departments to drive efficiency; in addition to managing complex domestic and international business challenges.
Our Company Values
We find innovation in everything we do. Curiosity allows us to pursue better ways of embracing our dynamic market and thoroughly understand our business. We lead with fearless courage and fail fast to succeed.
We believe shared knowledge is powerful. We earn trust in every interaction through transparency, accessibility, scalability and collaboration.
We are empowered to take personal ownership for our outcomes. We trust whoever is ‘driving’ to deliver, be open to feedback, and ask for help where they need it to ensure that we keep moving.
We count on our external partners to enable us to execute our strategy – and we trust our individuals and teams to collaborate for true excellence.
Our advantage is built from the sum of our unique parts. Whether we are collaborating with clients, partners, or across our Digital River team, it’s the diversity of thoughts, skills and experiences that helps us achieve world-class outcomes.
Awards and Recognition
We pride ourselves on our product and our culture — check out some recent recognition.
Our Smart Automatic Renewal Service was recognized as a finalist in the Best Artificial Intelligence Driven Technology Solution category.
Digital River is a finalist for the Minnesota Technology Association 2021 Tekne Awards in the AI/Machine Learning category.
FitForCommerce Verified is an evaluation process by which a certified analyst reviews claims for features and capabilities important to an Ecommerce website and business.
Star Tribune Top Workplace
The Top Workplaces in Minnesota award from the Star Tribune recognizes the most progressive companies based on employee opinions.
Taipei Neo Trade Award
Gold Award by Department of Economic Development of Taipei City Government to recognize our unique business model and contribution in assisting companies to expand into international market.
The Work-Life Flexibility Award
Recognized two years in a row as a top workplace for work-life flexibility, we enable employees to meet the demands of their personal lives while maintaining high performance.