To close out the highest performing fiscal year in two decades of business, Odessa announced expansion of the company’s executive leadership to position itself for the next phase of growth and innovation. Co-Founder Jay Mehra will transition from his current Chief Operating Officer role to the newly created role of Chief Technology Officer. Mathew Abraham will join Odessa to become the Chief Operating Officer this month.
Odessa provides the industry’s leading equipment finance solution as part of its broader Platform to support the global leasing market. These offerings enable companies to stay agile, better positioning them for continuous business transformation and powering efficient leasing operations, the company said.
“When I joined Odessa almost two decades ago, Madhu (Natarajan) and I saw the incredible potential to help leasing organizations automate their business processes – and, in turn, deliver an optimal experience to their customers,” Mehra said. “Over time, we have refined and evolved to support that goal, and I’m confident that we have the right executive structure in place to propel us forward for years to come.”
Mehra has served as the company’s COO since 2000, responsible for leading technology, product and delivery. Under his leadership, Odessa grew from 20 employees to a workforce of more than 650 today, meeting global consulting standards in delivery management, performance and quality. In his new role as Chief Technology Officer, Mehra will focus on expanding the technology organization and enriching Odessa’s product offering, in addition to helping mentor the next generation of Odessa’s technology leaders.
Joining Odessa as the company’s new COO is Abraham, a versatile technologist with two decades of diversified experience in technology development and inter-disciplinary business program management. Abraham’s career has included time with Intel, Applied Materials and, most recently, various leadership roles at ASML Holdings N.V. He comes to Odessa with a BS in Physics from Haverford College and an MS and PhD in Physics from Harvard University. An experienced engineer, Abraham will oversee the company’s global delivery teams, upholding and evolving agile system implementation methodology.
"I am excited to bring my expertise to the Odessa team,” Abraham said. “As we pave the way forward in this next chapter working across the broader needs of leasing companies today, I’m looking forward to supporting our customers and their business goals.”
Commenting on the leadership changes, Odessa Co-Founder and CEO Madhu Natarajan said, “We continue to invest in ways to ensure Odessa remains an industry leader that stands the test of time. To build a company that enables innovation, we want to foster great talent and deploy our leaders in strategic areas that will ensure our continued growth.”
Odessa, which has its headquarters in Philadelphia, is a software company exclusively focused in the leasing industry, and the developer of the LeaseWave software system and Odessa platform.