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Patersons Appoints New Chief Financial Officer

Jan 4, 2011 

—Industry Veteran to Manage Global Finance, Legal Affairs for Growing Global Payroll Provider—

RALEIGH, N.C. and SALISBURY, U.K. (January 5, 2011) – Patersons, a leading provider of integrated global payroll services delivering expert solutions to clients in more than 160 countries, today announced the addition of Vic Laville to the Patersons executive team. Laville will serve as Chief Financial Officer for Patersons, responsible for leading the global Finance Organisation and overseeing legal affairs for Patersons.

“Vic’s proven track record as an operations and finance leader in technology and other related industries made him our top choice to manage Patersons’ financial affairs,” stated Andrew Pearson, Chief Executive Officer of Patersons. “His extensive experience includes fundraising, debt management, mergers and acquisitions, and he has done it all with innovative, growth-oriented companies. We look forward to his contributions and leadership at Patersons.”

Throughout his career, Laville has worked in the telecommunications sector, including serving as European Commercial Director for World Access Europe. Prior to that, he was EMEA Finance Director for Long Distance Europe, and he also led the European finance and legal functions at software vendors Wall Data and IRI. During his eight years at Oracle, Laville led the internationalisation of Oracle’s business during a high-growth period, managing finance and operational groups around the world. Laville began his career in the technology industry with Andersen Consulting. He earned a BSc degree with honours in maths, operations research, statistics and economics from the University of Warwick.

About Patersons

Headquartered in Salisbury, U.K. with offices in the U.S., central Europe and Asia, Patersons is a leading provider of integrated global payroll services delivering expert solutions to clients in more than 160 countries. The Company’s secure Internet-based software as a service is multi-currency and multi-lingual (covering over 30 languages), features an easy-to-use interface, supports fast implementation times and facilitates integration with existing systems. Patersons differentiates itself by: one contract, one software solution, one enterprise interface and one cohesive system approach. As a result, Patersons is able to run multi-jurisdictional payroll rules for multiple clients on one database and one platform.

More information and contact details can be accessed at www.patersons.net

Jeanne Achille
The Devon Group
New York Metro Office: +1 (732) 706-0123, ext. 11
London Office: +44 (0)207 917 1832
jeanne@devonpr.com


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