Under Mr. Dangelmaier's leadership, P&H has revolutionized the way financial institutions expand their relationships with business customers by providing them with solutions that generate significant revenue and deposit growth. "P&H Solutions' Enterprise Business Banking Product (EBBP) has been enthusiastically embraced by the marketplace," said Dan Doyle, Director of P&H Solutions. "The company's excellent track record of profitable growth, having more than doubled in revenues during his tenure as President, is evidence of Ralph's passionate commitment to our customers and to building P&H Solutions into the foremost provider of business banking solutions. We look forward to continued success in the future under his leadership."
Mr. Dangelmaier has been with P&H Solutions since 1996, and became President in 2002. Since he joined, the company's revenues have increased from $1.5 million to over $40 million this year and the number of employees has grown from 20 to over 250. Prior to becoming President, he was SVP of Sales and Services. Before joining P&H Solutions, Mr. Dangelmaier held operations and sales positions at BankBoston, SunGard and A.G. Edwards. He is originally from the Boston area and is a graduate of Stonehill College in Easton, Massachusetts.
"I am honored by the vote of confidence from our board of directors," said Mr. Dangelmaier. "I am fortunate to have the best team in our market space. It is gratifying to know we have become the clear leader in providing the financial services industry with the most robust offering of products and services with which to serve their business customers. I look forward to the opportunity and the challenge of extending P&H Solutions' leadership position in business banking."
About P&H Solutions Web Cash Manager Suite
The P&H Solutions Web Cash Manager Suite is the industry-leading web-based business banking system, and can be deployed through an in-house environment or by using the P&H Solutions Outsource Solution Center. It allows financial institutions of all sizes to uniquely package products and services for different markets, or even individual customers, from a single flexible platform. Financial institutions can choose from over 90 different modules designed for the Small Office/Home Office (SOHO) client up through the largest corporate client. The P&H Solutions' Enterprise Business Banking Product also provides an infrastructure for integrating other products and services offered by financial institutions.
About P&H Solutions
Since its founding in 1983, P&H Solutions, a FinTech 100 company, has continually focused on the needs of financial institutions and their customers, with a strong commitment to helping financial institutions meet their strategic business banking objectives by delivering the most robust application suite in the industry. With over 150 financial institutions in production with its Web Cash Manager Suite, P&H Solutions is the market leader in adding demonstrative value to the business banking relationship. Leading industry analyst firms have consistently ranked P&H Solutions as the number one cash management vendor and among the top providers of small business banking solutions.
P&H Solutions' customers include AmSouth, Bank of Hawaii, Citibank, City National Bank, J.P. Morgan Chase, Merrill Lynch, Old National, PNC, Sovereign Bank, and Wells Fargo, as well as hundreds of credit unions, community banks, savings banks, and regional financial institutions. P&H Solutions is headquartered in Newton, Massachusetts, with offices throughout the United States. Additional information can be found at www.ph.com or by calling 617-796-7700.