A former engineer with extensive business leadership experience has been named as Jumio‘s new Chief Technology Officer.
Stuart Wells began his professional career as a Principal Research Engineer with Kaiser Electronics in 1985, spending almost three years with the firm before moving on to an Executive Vice President role with Sun Microsystems, where he stayed until January of 2007. He went on to spend two years as Avaya’s Senior VP and President Global Communications Solutions before moving on to FICO in 2010, where he served as Head of Global Services and then EVP and Chief Product & Technology Officer from 2012 to the end of 2019.
Now, as Jumio’s CTO, Wells lead the company’s IT, AI, machine learning, and engineering teams, and he will oversee operations at Jumio’s AI Lab in Montreal and at the company’s newly created Innovation Lab in San Diego. In a statement announcing his appointment, Jumio emphasized Wells’ “decades of technical leadership experience from leading companies in Silicon Valley,” singling out Avaya and Sun Microsystems in particular.
“Stuart joining our team as CTO signals a new era for Jumio as we continue to redefine the end-to-end identity space,” said Jumio CEO Robert Prigge. “Stuart’s extensive industry knowledge is a major asset as Jumio reaches its next stage of growth and continues to drive innovation in the identity space.”
The news of Wells’ appointment comes just a few weeks after Jumio named Arshad Sheikh as its new Sales Leader for the Middle East, Turkey, and North America region, further signalling the company’s growth trajectory as interest in biometric onboarding technologies continues to grow.
“Jumio’s vision of making the internet a safer place has resonated with me as it’s such a critical issue today that impacts everyone online,” commented Wells. “Serving as CTO, I will lead Jumio’s engineering teams to continue to deliver on this promise by providing innovative fraud prevention solutions that keep up with the constantly evolving methods of fraud.”
Wells comes to the company at an exciting time, with Jumio having reported year-over-year revenue growth of 130 percent in its most recent corporate update.
April 13, 2022 – by Alex Perala