PE-backed edtech company Blackboard appoints Mayr as CFO

Blackboard Inc, a portfolio company of Providence Equity Partners, has named Lisa Mayr as chief financial officer. Previously, Mayr was interim CFO and joined the company in July 2013 as a vice president of finance. Based in Washington, D.C., Blackboard is an education tech company.

PRESS RELEASE

WASHINGTON, July 14, 2016 /PRNewswire/ — Blackboard Inc., the world’s leading education technology company, today announced the appointment of Lisa Mayr as Chief Financial Officer. Lisa will oversee all financial aspects of the company, including investor relations, capital markets, accounting, financial planning and analysis, and treasury and procurement. She will report to the company’s Chairman, CEO and President Bill Ballhaus.

Lisa has served as Vice President of Finance at Blackboard since July 2013 and was recently named interim CFO. She has over 25 years of experience in corporate finance and has filled senior leadership positions at large global companies across industries, such as LivingSocial, GeoEye (acquired by Digital Globe), Towers Watson and Sunrise Senior Living. She also served as Chief Financial Officer of private equity firms Arlington Capital Partners and Celtic Capital Management. Prior to her corporate roles, Lisa worked with Ernst & Young in their Transaction Advisory Services practice.

“Lisa will be an excellent addition to our executive leadership team and I’m excited to have her as our new CFO,” said Ballhaus. “Lisa’s broad financial experience and knowledge of the technology industry will be invaluable as we continue to execute our business plan and strategic initiatives.”

Lisa has an MBA from Georgetown University and an undergraduate degree from American University. She is a long-time finance leader in the Washington, D.C. area and was recently selected by Women in Technology for the Leadership Foundry Class of 2016.

About Blackboard Inc.
Blackboard Inc. is a global leader in enterprise technology and innovative solutions that improve the experience of millions of students and learners around the world every day. Blackboard’s solutions allow thousands of higher education, K-12, professional, corporate, and government organizations to extend teaching and learning online, facilitate campus commerce and security, and communicate more effectively with their communities. For more information about Blackboard, follow us on Twitter @Blackboard.