Denver, CO - Wednesday, March 1, 2006 - Pivex, LLC the holding company for "Folio Exchange", the world's leading web based billing & remittance service for the hospitality industry, announced today the appointment of Francis Joseph “Joe” Durocher to it's Board of Directors, effective March 1st, 2006.
“It is a pleasure to welcome such a high caliber individual as Mr. Durocher to our Board of Directors” said Joe Bollinger, Pivex Chairman and CEO. “His decades of experience and leadership in the hospitality industry will be invaluable in making Folio Exchange a truly world class enterprise billing solution for the hospitality industry”.
“While I was with Outrigger Hotels & Resorts, I experienced first hand the significant benefits of web based billing and remittance with Folio Exchange. This company is poised to change the way the whole industry handles tour, group and corporate account invoicing and I am excited to be a part of it.” said Mr. Durocher.
Mr. Durocher brings to Folio Exchange significant expertise in the hospitality industry. A former CIO for Outrigger Hotels & Resorts and Hilton Hotels, Mr. Durocher earned a reputation as an industry leader in exploiting new technology to drive efficiencies across the whole enterprise.
Mr. Durocher holds a B.S. degree in Electrical Engineering along with an MBA from the University of Hawaii
About Folio Exchange
- Folio Exchange provides innovative products and intelligence to solve the travel industry's toughest back office problems. Folio Exchange provides people and products that can help you connect your systems, your people, and your partners to get rid of all the paper and all the manual processes in your back office.
As of November 1, 2005, Folio Exchange manages electronic billing and remittance processing for leading hospitality firms around the world like Hyatt Hotels & Resorts, Outrigger Hotels & Resorts, Pleasant Holiday, American Airlines Vacations and Jalpak International. Statements in this article or any other release regarding performance benefits or savings with Folio Exchange may or may not apply to your organization and this release nor any other is a guarantee of benefits or functionality.
