Medius, a top provider of AP Automation and wider spend management solutions, announces the appointment of a new Chief Operating Officer (COO), as the latest move to further accelerate the company’s growth. Branden Jenkins, based in Las Vegas, is an expert in driving rapid business growth, leading cross-functional teams and go-to-market strategies.
What is Jenkins’ industry expertise?
Jenkins joined Medius in 2021 as CSO, playing a key role in improving the operationalization of strategies, like the go-to-market, product strategy, corporate development, and alliances.
With 20 years of executive leadership experience, he holds first-hand experience in large-scale SaaS growth. Prior to joining Medius, Jenkins spent nine years at Oracle NetSuite, rising to VP of Strategy, where he helped to grow the company from $250m to billions in revenue. He also held the positions of VP of Target Markets, and General Manager of Global Retail.
Prior to Oracle NetSuite, Jenkins held the position of CEO and Chairman at Retail Anywhere, a SaaS company based in San Luis Obispo, California. Branden took over as CEO in 2002 and sold the company to NetSuite after ten years as the company’s Chief Executive Officer.
The COO appointment rounds out and complements the executive team with significant go-to-market and product investments from the addition Advent International as a minority private equity shareholder, alongside existing majority shareholders Marlin Equity Partners.
What were the executives’ thoughts on the appointment?
Jim Lucier, Chief Executive Officer, Medius, said: “As we look to scale Medius to a billion-dollar category king, we need a leader with extensive experience in sales, business development, and go-to-market strategies who can lead our operations and who will be crucial in helping us drive our business forward. Branden will play an incredibly important role in supporting and challenging the team, as we evolve our business to further accelerate our rapid growth.”
Branden Jenkins, Chief Operating Officer, Medius, comments: “Medius is laser-focused on reducing risk and fraud for mid-sized and large enterprises with our patent-pending AI technology that takes AP processing from automated to autonomous. It’s an exciting time to step into my expanded role at Medius. I plan to focus my energy on scaling our firm, and working with our incredible clients, partners, and team to take this company to new heights.”