BigCommerce Holdings, Inc. ("BigCommerce") has appointed Travis Hess as the new CEO, succeeding Brent Bellm. Additionally, current board member Ellen Siminoff will assume the role of executive chair of the board. Hess, who joined BigCommerce as president in May 2024, has a track record of driving top-line growth and profitability in businesses.
Hess was previously involved in senior leadership roles at leading global commerce agencies and consultancies such as Accenture, where he led the firm’s direct-to-consumer commerce offering and go-to-market strategy. He also managed Accenture’s Shopify partnership globally. Before his time at Accenture, Hess was the executive vice president at the stable and the chief commercial officer and CEO of bva.
BigCommerce reaffirms its financial guidance for the third quarter of fiscal 2024 as previously provided on August 1, 2024. The company is recognized as a leading open SaaS and composable ecommerce platform, serving tens of thousands of B2C and B2B companies across 150 countries and numerous industries.
The company's customer base includes well-known brands such as Burrow, Coldwater Creek, Francesca’s, Harvey Nichols, King Arthur Baking Co., MKM Building Supplies, United Aqua Group, and Uplift Desk.
With the leadership change and reaffirmation of financial guidance, BigCommerce is poised to continue its growth trajectory under Hess' leadership. As a result of these announcements, the company's shares have moved 0.2% on the market, and are now trading at a price of $5.68. For the full picture, make sure to review BigCommerce's 8-K report.