Digital River Names Hoke Horne Chief Financial Officer

MINNEAPOLIS — June 24, 2015 — Digital River, Inc., a leading global provider of Commerce-as-a-Service solutions, announced the appointment of Hoke Horne as the company’s chief financial officer, effective June 24, 2015. In this role, Horne, who has more than 20 years of financial experience, will be responsible for the company’s accounting, finance, tax, corporate development and enterprise operations activities.

“We are pleased to welcome Hoke to our leadership team,” said David Dobson, Digital River’s chief executive officer. “His significant financial and operational expertise, as well as his deep background in enterprise software and recent experience at a leading ecommerce company, make him a natural fit for Digital River. His experience will be an asset in helping us drive our performance forward, further our transformation and grow our presence in the global ecommerce market.”

Horne’s professional background includes extensive knowledge of finance, IT, operations, cost management and pricing. He joins Digital River from Groupon, a global ecommerce marketplace that offers subscribers discounts on activities, travel, goods and services. At Groupon, he served as vice president of global commercial finance and chief financial officer of North America with responsibility for steering financial operations for the company’s global business, including its marketing, technology, legal, human resources and finance activities. Prior to Groupon, he served as vice president of software finance and pricing strategy at Juniper Networks, and held leadership and management positions in industry-leading companies, including Microsoft Corp., McKinsey & Company and Andersen Consulting, now Accenture.

“Digital River has a long history of delivering world-class ecommerce, online payments and emarketing solutions to businesses around the world,” said Horne. “I am excited to join a company that is positioned at the center of a rapidly evolving industry and look forward to helping drive new levels of profitability and growth, while delivering increased levels of value for our clients.”

About Digital River, Inc.
Backed by 20 years of ecommerce experience, Digital River is recognized as a leading global provider of Commerce-as-a-Service solutions. Companies of all sizes rely on Digital River’s cloud-based commerce, payments and marketing services to manage and grow their online businesses. In 2014, Digital River processed more than $35 billion in online transactions, connecting B2B and B2C digital products companies and branded manufacturers with buyers across multiple devices and channels, and nearly every country in the world.

Digital River is headquartered in Minneapolis with offices across the U.S., Asia, Europe and South America. For more details about Digital River, visit the corporate website, read the Digital River Blog, follow the company on Twitter or call +1 952-253-1234.

Digital River is a registered trademark of Digital River, Inc. All other company and product names are trademarks, registrations or copyrights of their respective owners.

Twitter Tags: #ecommerce, @DigitalRiverInc
Click to Tweet: .@DigitalRiverInc names Hoke Horne as its new CFO