FGI Worldwide, a global provider of commercial finance, appointed Paul Melchiorre to the board of directors of its parent company, FGI Worldwide Holdings.

Melchiorre has more than 30 years of business solutions leadership experience, specifically within the software-as-a-service environment. He currently serves as operating partner at Stripes, a growth equity firm, assessing and advising on go-to-market strategies. Beyond his primary role at Stripes, Melchiorre also serves as an independent director at R3, an enterprise blockchain technology company.

“We are thrilled to have Paul join our board of directors,” David DiPiero, chairman and CEO of FGI, said. “He is well respected in our community and has a distinguished advisory career. He will be a valuable addition to our team.”

Throughout his career, Melchiorre has also worked at several other organizations, including Scout RFP, Anaplan and Ariba, where he held a variety of leadership and advisory positions. Most notably, Melchiorre spent more than six years at SAP, growing the global accounts division, with his group responsible for more than 85% of revenue in the Americas division and a field organization of more than 1,000 people.

“I feel incredibly honored to be joining the board of FGI,” Melchiorre said. “This company has been doing amazing things for 20 years and I am excited for the opportunity to add to that success. For me, this transition feels like a perfect career fit.”