Ptechhub
  • News
  • Industries
    • Enterprise IT
    • AI & ML
    • Cybersecurity
    • Finance
    • Telco
  • Brand Hub
    • Lifesight
  • Blogs
No Result
View All Result
  • News
  • Industries
    • Enterprise IT
    • AI & ML
    • Cybersecurity
    • Finance
    • Telco
  • Brand Hub
    • Lifesight
  • Blogs
No Result
View All Result
PtechHub
No Result
View All Result

Thrive Appoints Ben Reich As CFO To Drive Growth

CRN by CRN
February 11, 2025
Home News
Share on FacebookShare on Twitter


‘Thrive’s strong trajectory and focus on aggressive expansion make this an exciting time to join the team. I look forward to working with [CEO] Bill [McLaughlin] and the Thrive team to achieve our goals and continue scaling the business,’ says Ben Reich, Thrive CFO.

Thrive, a global solution provider with a focus on cybersecurity and cloud services, has appointed Ben Reich as CFO. Reich brings experience in business growth and M&A strategy to the company, which is set for continued expansion in response to the evolving needs of its diverse customer base.

Earlier this month, Thrive appointed Bill McLaughlin as CEO, replacing Rob Stephenson. Under Stephenson, Thrive delivered a compound annual growth rate above 30 percent.

Prior to joining Thrive as president in 2021, McLaughlin held senior leadership positions at companies including Kaseya, Atlantic Tomorrow’s Office and NER Data Products.

Reich’s background includes building and leading finance, operations and human resources teams while managing P&L responsibilities and capital budgets. Most recently, he served as CFO at Garden City, N.Y.-based solution provider Opti9 Tech, where he played a key role in guiding financial strategy, modeling acquisition targets and leading due diligence efforts. Prior to that, Reich was vice president of finance at New York-based ATSG, where he spearheaded the integration of four acquisitions and secured $100 million in external investment.

[Related: 30 Notable IT Executive Moves: January 2025]

“We’re at an exciting inflection point in our growth, and Ben’s expertise in M&A strategy and financial management will be crucial as we continue to scale,” McLaughlin said in a statement. “His track record of success will help us execute our growth and expansion plans as we strengthen our position as a global leader in technology outsourcing.”

Reich’s appointment comes as Thrive, listed on CRN’s 2025 MSP Elite 150 List, embarks on an “ambitious growth phase,” having recently secured investments from Berkshire Partners and Court Square Capital Partners. The company is also expanding its footprint, acquiring Safety Net in Michigan and The Longleaf Network in North Carolina.

“I’m excited to leverage financial strategies that drive impactful growth,” Reich said in a statement. “Thrive’s strong trajectory and focus on aggressive expansion make this an exciting time to join the team. I look forward to working with Bill and the Thrive team to achieve our goals and continue scaling the business.”



Source link

Tags: Cloud PlatformsCollaboration & CommunicationCybersecurityManaged Security
CRN

CRN

Next Post
CFPB heads for supervision, enforcement announce resignations after stop-work order

CFPB heads for supervision, enforcement announce resignations after stop-work order

Recommended.

Trump finally makes his Fed chair pick — What Kevin Warsh means for investors

Trump finally makes his Fed chair pick — What Kevin Warsh means for investors

January 30, 2026
ZTE und MTN bringen weltweit erste 5-Band-RRU auf den Markt

ZTE und MTN bringen weltweit erste 5-Band-RRU auf den Markt

September 5, 2025

Trending.

Chai AI Announces Upcoming Rollout of Apple and Google Age Verification APIs to Enhance Platform Safety

Chai AI Announces Upcoming Rollout of Apple and Google Age Verification APIs to Enhance Platform Safety

March 10, 2026
Huawei lanceert Next Generation FAN-oplossing

Huawei lanceert Next Generation FAN-oplossing

March 7, 2026
Baidu Announces Fourth Quarter and Fiscal Year 2025 Results

Baidu Announces Fourth Quarter and Fiscal Year 2025 Results

February 26, 2026
Half of Google’s software development now AI-generated | Computer Weekly

Half of Google’s software development now AI-generated | Computer Weekly

February 5, 2026
Ghost Campaign Uses 7 npm Packages to Steal Crypto Wallets and Credentials

Ghost Campaign Uses 7 npm Packages to Steal Crypto Wallets and Credentials

March 24, 2026

PTechHub

A tech news platform delivering fresh perspectives, critical insights, and in-depth reporting — beyond the buzz. We cover innovation, policy, and digital culture with clarity, independence, and a sharp editorial edge.

Follow Us

Industries

  • AI & ML
  • Cybersecurity
  • Enterprise IT
  • Finance
  • Telco

Navigation

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Subscribe to Our Newsletter

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Copyright © 2025 | Powered By Porpholio

No Result
View All Result
  • News
  • Industries
    • Enterprise IT
    • AI & ML
    • Cybersecurity
    • Finance
    • Telco
  • Brand Hub
    • Lifesight
  • Blogs

Copyright © 2025 | Powered By Porpholio