Drake Software, a provider of comprehensive professional tax preparation software, announced that Dermot Halpin has joined as Executive Chair. The appointment follows the completion of the acquisition of TaxAct, a leading provider of digital, do-it-yourself (“DIY”) tax filing assistance software and services, and the combination of TaxAct with Drake under a single holding company.
Mr. Halpin brings significant leadership experience building and scaling high-growth consumer marketplace platforms. Throughout his career he has led businesses operating worldwide, and previously held senior leadership positions including President of Attractions and Vacation Rentals at TripAdvisor and President of Europe, Middle East and Africa at Expedia. He currently serves as a non-executive Director at Datalex.
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Both Drake and TaxAct will continue to operate under their own brands to serve their distinct client bases. Dom Morea, President and CEO of Drake Software, and Curtis Campbell, President and CEO of TaxAct, will remain in their current roles and continue to lead the respective businesses.
Mr. Halpin commented:
“I am thrilled for the opportunity to partner with the exceptional Drake and TaxAct teams to accelerate growth through a focus on how the business can meet the complex needs of tax professionals and individual consumers alike. I have spent my career helping companies and brands create best-in-class organizations, and I share the Drake and TaxAct teams’ unwavering focus on their customers. I look forward to working alongside Curtis and Dom to continue to build our capabilities and deliver best-in-class products for customers across the tax ecosystem.”
SOURCE: PR Newswire