Thursday, 23 July 2020 13:18

Vell Recruits Bay area SaaS Fintech CEO

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Tom Glassanos

President and CEO

> Location: Pleasanton, CA
> Industry: FinTech/SaaS
> Other experience: EVP, eBusiness, PeopleSoft | VP, Marketing & Apps, Edify
> Ownership: Private - division of public co. RDM Corporation (TSXV:RC) - acquired by JP Morgan Chase

Pleasanton, California - July 17, 2000: Xign Inc. a leader in electronic check technology, today announced the appointment of Silicon Valley veteran Thomas M. Glassanos to the position of President and CEO. Glassanos, 44, will oversee all Xign business operations and lead the commercialization of Xign's electronic check software. Glassanos' appointment follows the recent closing of Xign seed funding from Charles R. Schwab and the appointment of Mr. Schwab to the Xign board of directors. 

"Tom Glassanos stands out as an accomplished and successful innovator of Internet solutions serving the needs of global enterprises and financial institutions," said Xign Inc. Chairman Robert Nally. "We are delighted to have his proven leadership at the helm of Xign to execute on our powerful business vision." 

Glassanos brings two decades of experience in general management, marketing and financial services to his new role at the Pleasanton, California-based start-up. Before joining Xign, Tom was Executive Vice President for eBusiness at PeopleSoft Corporation where he served as general manager of PeopleSoft Internet applications. Prior to that he built the Industry leading Internet banking application business at Edify Corporation, later acquired by S1 Corporation. Glassanos also served as VP Marketing for two successful IPOs and holds an MBA from Harvard University. 

"Xign is uniquely positioned to establish electronic checks as the global currency of the Internet economy, " said Glassanos. "I am excited about the scope of Xign's opportunity and the immense value electronic checks will bring to business operations worldwide." 

About Xign Corporation

Xign Corporation operates the leading global settlement network for business. Xign's suite of on-demand applications is the first to automate the complete commerce cycle – from electronic order delivery to electronic invoice and payment processing – to streamline operations and monetize working capital. With more than $100 billion in transactions processed and a fast growing network of 40,000-plus global suppliers, Xign offers the most complete and widely deployed service of its kind. Xign is headquartered in Pleasanton, CA. For more information, visit

Read 517 times Last modified on Monday, 08 March 2021 14:43
Dora Vell

Managing Partner

Dora Vell is the CEO of Vell Executive Search, a boutique executive search firm in Boston that recruits technology executives and board members for companies ranging from promising tech startups to Fortune 100 companies. Throughout her 22-year career in executive search, she has successfully completed hundreds of assignments, placing board members, CEOs, COOs, CIOs, technology officers, vice presidents and many other C-level executives. Vell’s clients span both private and public companies and her work has included searches in markets large and small across the U.S. and Canada.

Prior to founding Vell Executive Search in 2005, she was a partner at the executive search consulting firm Heidrick & Struggles for seven years. She started in the Technology Practice in the Toronto office, became the firm’s Technology Practice leader for Canada, and then joined the firm’s Boston office.

Before her career in executive search, Vell worked for 11 years at IBM Canada in software-related roles of increasing responsibility. She started as a software engineer, managed a software engineering team of 100, and then led software sales for IBM Canada. She holds seven worldwide software patents. This deep industry understanding has helped Vell Executive Search become a recognized leader in finding senior executive and board talent for software and SaaS companies.

Vell is a recognized industry thought leader who has published several reports on governance and leadership topics. She has been frequently quoted as an expert on executive and board leadership by outlets such as The Wall Street Journal, Forbes, Business Week, Fortune, Agenda Week, MSNBC, Mass High Tech, The OPUS for the World Economic Forum, Boston Business Journal, The Globe & Mail, CIO Magazine, and IEEE. She has been a featured speaker on leadership at numerous conferences and at Columbia University's MBA program.

Vell has been a Fellow of the National Association of Corporate Directors (NACD) and the Boston CEO Roundtable. She has served on the boards of Framingham State University, Entrepreneur's Organization, Goodwill, Mary Centre for Developmentally Handicapped Adults,, and RBC Capital Partners.

The trilingual daughter of a diplomat, Vell grew up in Canada, Greece, France, Switzerland and China. Her unique multicultural and international perspective, experiences as a woman in the male-dominated software field, and insights as a dual Canadian and U.S. citizen inform all her work for clients.

Vell received an MBA from the University of Toronto, a master’s in Computer Science from the University of Waterloo, and a bachelor’s in Computer Science from Carleton University.  She has also completed the MIT Entrepreneurial Master’s program.

Areas of Practice:

  • C-Level Technology Executives
  • CEOs, CROs, Heads of Sales, Heads of Marketing, Chief Product Officers
  • Technology Officers: CTOs, CIOs, Heads of Engineering, CISOs, Chief Data Officers
  • Board Directors
  • Diversity Executives and Board Directors
  • Canadian Executives and Board Directors


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