Steve Fisher, Non-Exec Director and Board Member, Departs FD Technologies

FD Technologies (AIM: FDP.L, Euronext Growth: FDP.I), previously known as First Derivatives, announced that Steve Fisher has handed in his notice as its Non-Executive Director and a member of the Board, effective from the end of January 2022.

According to a press release shared with Finance Magnates, Steve Fisher, a financial executive veteran with more than sixteen years of experience, has tendered his resignation to FD Technologies, a Technology Provider Technology Provider A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro Read this Term for investment banks and other financial companies, as its Non-Executive Director and a member of the Board.

Fisher leaves FD Technologies and has rejoined Salesforce in a full-time senior executive post effective from July 2021. Thus, he will not have enough time to focus on the role at FD Technologies. Since this occurred, the company is currently searching for a replacement to fill the position.

Fisher’s Vocational Experience

Concurrently, Fisher serves various organisations as a Board Member. The list includes Copart, since, July 2019, Bill.com, February 2021 and Vonage, January 2013. Also, he is the primary advisor for the Fisher Family Fund for Point Pleasant Beach. Further, he is a trustee at Point Pleasant Beach Public Education Foundation, according to his LinkedIn profile.

Prior to the existing roles, he served HomeX as a Board Member for a short stint in Chicago. Simultaneous to HomeX, Zus Health recruited Fisher as a Board Member and Chairman of its Technical Advisory Board.

Earlier on in September 2019, Fisher took on the responsibilities as Senior Vice President and Chief Technology Officer for eBay. For almost five years, he drove its overall product and technology vision and strategy. Further, he led the global team responsible for the end-to-end eBay product experience and technology platform.

Before that, Safeguard Scientifics appointed him as a Board Member in May 2015. For the next three years, he completed the requirements of the role.

Previously, Fisher spent around a decade at Salesforce in different positions. Initially, he joined the company as a Sales Director in October 2004. After six months, the company promoted him to Vice President of Engineering. He received another promotion within only nine months to Senior Vice President of the Platform Division. Then in January 2007, he progressed to Senior Vice President of Platform Product Management. Over two years in that role, he led the team responsible for building salesforce.com’s on-demand platform, force.com.

Finally, he advanced to the senior position of Executive Vice President of Technology. For close to six years, he successfully steered Salesforce’s technology team. They were responsible for the development, quality, service delivery and operations of CRM and collaboration applications as well as the force.com Cloud Cloud The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc Read this Term platform.

Commercialising Its Technology Advantage

Donna Troy, Chair of FD Technologies, commented: “Steve has made an important contribution to our strategy and while we understand his reason for leaving, we will miss his insight. A search is underway for an additional Non-Executive Director with enterprise technology development expertise as we capitalise on the growing market opportunities for KX.”

“I have been hugely impressed by the FD Technologies assets and delighted to play a part in developing the strategy to drive adoption of the Group's technology, particularly the KX Insights roadmap. I continue to see significant opportunities for KX to underpin the data management and analysis infrastructure that businesses require to extract full value from their data. While my new role at Salesforce requires me to step down from the FD Technologies Board, I believe the Group is on the right path to commercialising its technology advantage,” Steve Fisher said.