Simpson to BlueTarp as CEO

BlueTarp Financial, the financial services firm dedicated to building materials professionals, has named Scott Simpson its new CEO. BlueTarp is based in North Carolina with operations in Maine. The startup is backed by Flybridge Capital Partners, Highland Capital Partners, Trinity Ventures and Village Ventures.

PRESS RELEASE:

Scott Simpson Joins BlueTarp Financial as Chief Executive Officer

PORTLAND, ME AND CHARLOTTE, NC (January 19, 2012) – BlueTarp Financial, the only financial services company dedicated to providing a full-service commercial credit program to the building materials industry today announced it has named Scott Simpson to the role of Chief Executive Officer.
Simpson joins BlueTarp from VistaPrint, an e-commerce leader in customized print and marketing services for micro businesses where he most recently served as Vice President, Marketing and Customer Service, and previously served as Vice President at Capital One Point of Sale, a consumer financing company for home improvement and elective medical procedures. Scott holds an MBA from the Tuck School of Business at Dartmouth and a BA from The College of William and Mary.
In his new role, Simpson will focus on growing BlueTarp’s customer base and expanding upon the double-digit growth the company achieved over the past year. Simpson takes over from interim CEO, Lou Collins, who will continue to serve in his role as Chief Financial Officer for the company.
“We are thrilled Scott is joining BlueTarp, said Collins. “He is a proven and seasoned executive whose background in sales and marketing will be extremely valuable in helping BlueTarp scale to the next level of growth.”
“BlueTarp has an exciting and innovative program for building materials dealers and their customers that allows them to focus on growing their businesses,” said Simpson. “I am excited to join the BlueTarp team to expand on the great work they have done, and I look forward to accelerating growth and reshaping the commercial credit market for the building materials industry.”
Key benefits of the BlueTarp Financial program
• Offers a specialized commercial credit program for the building materials industry
• Provides dealers with improved timing and certainty of cash flow
• Enables dealers to reduce their back office costs while also reducing credit risk
• Provides dealers and their customers with timely access to detailed sales and purchasing information
• Provides industry leading information management tools for dealers and their customers
• Delivers a best in class customer loyalty program for purchases at participating dealers

About BlueTarp Financial
BlueTarp Financial offers building materials dealers and their customers a full-service commercial credit program. The company is headquartered in Charlotte, NC with its operations center in Portland, ME and its investors include Flybridge Capital Partners, Highland Capital Partners, Trinity Ventures and Village Ventures.