Benevity Appoints Lance Ludman as CFO
Lance Ludman has been named chief financial officer by Benevity, Inc., the top supplier of software for corporate purposes worldwide. Lance has more than 20 years of experience growing businesses in the cloud software, social good, and educational technology sectors. Lance will collaborate with all business units at Benevity to deliver scalable, data-driven finance solutions to support the company’s international expansion.
“Benevity needs to be several times bigger and more pervasive than it is now in order to contribute to resolving the urgent social and environmental problems that the world is currently experiencing. According to Kelly Schmitt, CEO of Benevity, Lance is exactly the kind of financial executive who will lead us there. Given our shared passion for doing good and his alignment with Benevity’s culture, he is a great addition to our team.
Lance will lead the company’s financial strategy and expand the finance and operations teams to support increasing global sales by utilizing his extensive financial and operational skills in the technology sector. He joins Benevity’s executive team, reporting directly to Schmitt, and will be in charge of operations, risk and compliance, legal, accounting, and financial planning and analysis.
Being that more businesses are realising the value of involving their staff and customers in social impact initiatives, Ludman expressed his excitement at the opportunity to join Benevity and further establish it as the leading innovator in the expanding corporate purpose space. As we continue to support purpose-driven businesses all over the world, “I look forward to bringing a set of fresh eyes and experience to complement the wisdom already present at Benevity.”
Lance joins Benevity after working for organisations with a purpose for the previous 12 years. His most recent position was as CFO at DreamBox Learning, where he supervised the acquisition of the company in 2021. Prior to that, he worked for Blackbaud, a well-known provider of vertical cloud software, in corporate development and as CFO for the company’s international and enterprise market divisions. His hiring as Benevity’s CFO will take effect on December 21, 2022.