With more than two decades of payments and treasury experience, the newly appointed CFO Joel Campbell will catalyze MSTS’ growth.
MSTS, a global B2B payment and credit solutions provider, today announced the appointment of Joel Campbell as Chief Financial Officer. Campbell hails from H&R Block, bringing more than two decades of domestic and international financial expertise and a deep understanding of payments and capital markets. The announcement comes on the heels of Corsair Capital’s acquisition of MSTS from World Fuel Services, which will allow MSTS to operate as a standalone business, positioning the company for accelerated growth in the B2B payments market.
“We’re thrilled to welcome such a seasoned and forward-thinking individual to the team,” said Brandon Spear, CEO at MSTS. “Given Joel’s extensive skill set and experience developing global brands, we knew he was a natural fit for the position. We’re fortunate to have him on board as MSTS scales quickly and autonomously in the coming years.”
Campbell will lead MSTS’ financial and treasury operations, financial controls, statutory accounting, financial planning and analysis, and process improvement initiatives for MSTS’ 24 entities. He will report directly to Spear and assist him with Investor Relations and reporting to the Board of Directors.
“It’s not every day that you get to support an industry disruptor through its continued expansion,” said Campbell. “MSTS is forging the way for alternative payment options for enterprises across the globe. In addition to its leadership in the market, the company is positioned to independently capitalize on significant growth opportunities as a private, standalone company. I look forward to further solidifying MSTS as a key fintech innovator.”
Most recently, Campbell served as Vice President, Treasurer & Chief Risk Officer at H&R Block, where he oversaw several financial functions including debt and capital management, treasury operations, banking, rating agencies, insurance and risk management, franchise lending, enterprise risk management, crisis management and business continuity, and corporate security. Prior to joining H&R Block, Campbell served as Vice President & Assistant Treasurer at Western Union and held treasury positions at Ameriprise Financial and Travelers Companies, Inc.
MSTS is a global leader in B2B payment and credit solutions, facilitating $6 billion in transactions per year in 17 currencies for customers in more than 190 countries. Our cutting-edge Credit as a Service® (CaaS) solution is setting the stage for the future of omni-channel B2B payments. The company specializes in payment and credit management for B2B companies across transportation, manufacturing and distribution, retail, eCommerce, and marketplaces. MSTS’ Credit as a Service solution is a suite of applications and services that facilitates B2B payments by extending terms, handling invoicing and managing collections.