AP NEWS
Click to copy
Press release content from Business Wire. The AP news staff was not involved in its creation.
Click to copy
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Oracle Elevator Announces Two New C-Level Executives to Support the Company’s Continued Rapid Growth

May 17, 2019

TAMPA, Fla.--(BUSINESS WIRE)--May 17, 2019--

Oracle Elevator (“Oracle” or the “Company”) is pleased to announce that Rick Morris and Jeremy Metzger have joined the company as Chief Financial Officer and Chief Operating Officer respectively. Paul M. Belliveau, President and CEO notes “These candidates were recruited to our company for their extensive background and unique experience. Their addition to our management team is yet another indicator of Oracle’s commitment to building a platform for scalable growth and achieving our goal of being a nationwide service provider and viable alternative to the multinational elevator companies.”

Jeremy Metzger, CCO, joins Oracle with 20 years of elevator industry experience and extensive industrial service operational experience. In his new role he will leverage his previous operations experience to help Oracle realize its aggressive growth plans. Metzger comments, “The growth potential of Oracle Elevator was incredibly attractive, to be a leader in the growth of this company was an excellent opportunity for me and my family.”

Prior to joining Oracle Elevator, Jeremy was Vice President of Operations for Aclara, a company providing Smart Infrastructure Solutions (SIS) to the electric and Gas industry. Jeremy also spent 15 years with Otis Elevator Company, holding positions of increased responsibility, including Regional General Manager of the Eastern Midwest region with P&L responsibility of $200M. He was previously with Kone Elevator.

Rick Morris, CFO, brings over 30 years of finance, operations and mergers and acquisition experience in SME and Fortune 500 companies. He will leverage this financial leadership background combined with his private equity experience to help Oracle realize its aggressive growth plan with both organic and acquisition planning and execution. Rick shared his thoughts regarding Oracle as: “The opportunity to learn about the elevator business and share the knowledge I have gained from previous industries brings me great joy. I see great potential in the elevator business and look forward to contributing to the growth of Oracle”.

Rick’s background includes five years of consulting as Interim CFO to various companies across the US and England preceded by 12 years as CFO to private equity backed companies in multiple industries. Earlier in his career he held senior finance roles in large multinational companies where he lived and worked in the US, Europe and Asia. Rick has extensive experience working with private equity backed companies in the manufacturing, service and technology sectors. His experience in several different industries brings significant insight to models that can be utilized to help fuel Oracle Elevator’s growth plans. The addition of Rick to Oracle’s senior leadership team affirms the company’s commitment to developing financial processes to sustain the aggressive expansion of the company.

About Oracle Elevator

Headquartered in Tampa, Florida, Oracle is the leading independent non-union provider of elevator maintenance, repair, and modernization services across all major brands of equipment. The Company was founded in 2004 and currently serves 35 markets in 14 states. Oracle is backed by family office investors in partnership with employee shareholders. For additional information, please visit  www.oracleelevator.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190517005250/en/

CONTACT: Paul M. Belliveau

President & CEO

Oracle Elevator

(813) 327-4210

pressrelease@oracleelevator.com

KEYWORD: UNITED STATES NORTH AMERICA FLORIDA

INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING CONSTRUCTION & PROPERTY OTHER CONSTRUCTION & PROPERTY

SOURCE: Oracle Elevator

Copyright Business Wire 2019.

PUB: 05/17/2019 08:33 AM/DISC: 05/17/2019 08:33 AM

http://www.businesswire.com/news/home/20190517005250/en

All contents © copyright 2019 The Associated Press. All rights reserved.