August 4, 2022 – Advisory Board Member Jim Hendrickson Joining Company in Full-Time Leadership Role

Prime Factors Adds VP of Corporate Development

August 4, 2022

Prime Factors, a leader in application-level data protection, has added Jim Hendrickson to the team as vice president of corporate development.

Jim Hendrickson has more than 30 years’ experience in leadership, business and technology in the software, banking and finance, supply chain, retail, defense and aerospace industries. He is a founding partner of Nexus Partners, a boutique consulting firm, and served as a senior lecturer and professor in the Marketing and Logistics Department of the Fisher College of Business at The Ohio State University, focusing on logistics, sustainability, and supply chain. Jim is a Prime Factors advisor, who also regularly speaks and writes on global supply chain management, technology and global strategy to a wide range of audiences.

“As Prime Factors continues to grow at a tremendous rate, attracting the right talent remains a top priority for our team,” said Henry Cheli, chief executive officer of Prime Factors. “We are especially excited to have a highly valued advisor of Jim’s caliber agree to join our team full time. His experience with early and mid-stage, high growth, advanced technology businesses as a consultant, advisor and strategist is particularly valuable to Prime Factors”

In roles such as senior vice president of corporate development and vice president of product management at Sterling Commerce, Jim helped develop and launch one of the first B2B Integration Platforms, the first Omni-Channel Commerce platform, and helped re-invent Electronic Data Interchange (EDI) networks from traditional transaction networks to integrated cloud-based B2Bi capabilities.

More recently, Hendrickson served as the general manager of Logistics Software Solutions at Pitney Bowes Corporation. He began his career as a commissioned officer in the United States Army, where he served as a medical services officer attaining the rank of Captain.

“Serving as an advisor to the Prime Factors team over the course of the past several years has given me deep appreciation for their vision of how sensitive information should be protected and also for what this company is achieving both in product development as well as market execution,” said Hendrickson. “Today’s most pressing security need in business is in protecting the lifeblood of its commerce – its most sensitive data – and Prime Factors is uniquely positioned to help address this need.  I look forward to contributing to the buildout of Prime Factors’ channel programs as we continue to help reduce the complexity of implementing data security in the enterprise wherever data is most at risk.”

About Prime Factors

Prime Factors is a global leader in applied data protection software, helping to secure an open and collaborative digital world. Data has never been more plentiful or more valuable, and the protection of sensitive data has never been more complex. With a focus on application-level data protection, software solutions from Prime Factors help to simplify the complexities associated with protecting sensitive information where it is most at risk. For 40 years, Prime Factors has served more than 1,000 customers across six continents in a variety of industries, including 80% of the top financial institutions in North America, with cryptographic software solutions for payments, information exchange, and general data protection. More info: Follow us on LinkedIn or Twitter.