Louis Hernandez Jr. named to board of directors at Digital Goodie

Louis Hernandez Jr. named to board of directors at Digital Goodie

Award-winning company adds digital commerce thought leader as expansion accelerates

HELSINKI, Finland – July 17, 2018 – Digital Goodie, a global e-commerce company with an award-winning connected commerce platform used by major retailers, announced today the appointment of Louis Hernandez Jr. to its board of directors.

Kalle Koutajoki, chief executive officer, said, “I am excited to have Louis join our board. We believe his vast experience in operating, advising and investing in companies in all phases of development comes at a critical juncture for us. Digital Goodie is experiencing rapid growth as major retailers are adopting its digital retail platform to compete and win. Louis’ presence will be instrumental as we develop effective strategies to manage our global expansion.”

Hernandez is the founder, managing director and CEO of Black Dragon Capital, a private equity firm created by and for entrepreneurs. The focus of its portfolio, which includes Digital Goodie, is technology companies that solve the problems faced by companies in the digital age.

I’ve worked with Louis over the years on a variety of projects,” said Irwin Kramer, chairman of the board at Digital Goodie. “I’ve seen first-hand his uncanny ability to see the bigger issues faced by major commerce players, create strategies to move forward successfully, and build deep and lasting relationships with key clients and partners. It is my honor to welcome him to the board of directors to help us build on a rapidly growing global platform for commerce.”

“As an entrepreneur, it’s such an inspiration to see Digital Goodie address the most significant issues caused by digital disruption and enable the best brands to navigate successfully. Digital Goodie has the unique opportunity to lead the digital transformation and continue to expand to a large market across Europe and the United States. The team and board are simply outstanding and I look forward to working with them as we navigate the next phase of growth,” Hernandez said.

Hernandez has served as chairman and CEO at Open Solutions, which grew from a startup to almost $1.4 billion in value. Both American Banker and the Wall Street Journal called Open Solutions a leading technology provider in the financial services sector worldwide while under Hernandez’s leadership. More recently he served as chairman and CEO of Avid, a publicly traded provider of media related technology, where he led a massive turnaround that included a nine-year financial restatement, re-listing on NASDAQ, improvement in Adjusted EBITA of over $90 million, a transition to highly recurring revenue, and a return to revenue growth and positive cash flow.

Hernandez was named a top innovative leader for his aggressive and innovative approach to open-architecture core processing technology strategies by Bank Technology News. He has shared more than 30 years of experience as a serial entrepreneur by serving on numerous corporate boards, including HSBC North America Holdings, HSBC USA, Mobius Management Systems, Unica and Edison International.

About Digital Goodie (www.digitalgoodie.com)
Digital Goodie provides a fully customizable connected commerce platform used by major retailers and brands. Digital Goodie Commerce includes applications that empower your customers to shop online, buy smarter and save time. The platform enables features such as highly personalized product recommendations that make shopping easy and fun. Digital Goodie Fulfillment provides all the tools a retailer needs to run omnichannel fulfillment operations, including home deliveries and instore pick-up.