Dallas, TX, April 4, 2018 – Value Creed, LLC, a commodity trading and risk management (CTRM) managed services provider, today announced the appointment of Mark Hill as President and CEO. As CEO, Hill is tasked with architecting the company’s framework to support its growth in next generation managed services, technical solutions and business process outsourcing for energy and utility companies.
“We are elated to bring Mark on-board as our President and CEO and confident in his ability to navigate our company to next level growth,” said Priyankar Datta, Value Creed Co-founder. “His executive presence, knowledge and experience in the CTRM sector, deep understanding of the customer and vision for expert driven managed services will anchor our business in customer success.”
Value Creed is a managed services provider focused on energy and commodity clients in the run and operate phase of their CTRM lifecycle. This targeted focus allows the company to root its business in client success post-implementation, providing expert heavy managed services and solutions that bring new levels of flexibility and value to the management of CTRM infrastructure, application and business workflows. Value Creed’s team becomes an extension of the customer, with seasoned CTRM experts managing business and application processes and creating sophisticated technical solutions that drive optimal value in the CTRM investment.
“Unfortunately, many CTRM customers experience difficulties maintaining service levels and containing costs post-implementation when the vendor or third-party consultants have departed,” said Patrick Reames, Managing Director of the leading CTRM market analyst firm, Commodity Technology Advisory. “Value Creed is essentially creating a new category in CTRM for third-party managed services to address these issues; and Mark Hill’s experience in this space, including first-hand knowledge of the resources those customers may lack post-implementation and how to make them successful, will prove invaluable to the company in his role as CEO.”
Hill joins Value Creed with over 25 years of experience in energy and technology having held executive leadership positions at companies specializing in consulting, IT services, commodity trading and risk management. Prior to joining Value Creed, Hill spent more than 15 years in the energy software space. He led the sales and marketing organization at P2 Energy Solutions as Senior Vice President of Sales and Marketing. He also served as Vice President of Sales at Allegro Development where he led double digit YoY revenue growth for the Americas during his tenure. In addition to his time in the CTRM industry, Hill served in a leadership capacity on the client side and in IT consulting for Dynegy, Calpine and Trendec. As President at Trendec, a company focused on IT services, application development, collaboration and content management, he led transformative growth with revenues climbing from $5M – $25M during his tenure.
“I look forward to being a part of an evolution in the CTRM industry, helping to provide expertise, technology and managed services to clients so they achieve the greatest value and returns from their CTRM investment”, said Mark Hill, President and CEO, Value Creed. “My vision for Value Creed is to transcend IT and Business bringing a new level of optionality to the business, giving customers access to a new level of services that will enable greater optimization of sophisticated trading, risk and logistics programs.”
About Value Creed, LLC
Value Creed, LLC, founded in 2016, is a managed services firm headquartered in Dallas, TX, specializing in commodity trading and risk management technology and business process optimization. The firm offers expert driven managed services, business process outsourcing, cloud enablement, and CTRM complimentary technologies to help CTRM customers achieve optimal value in their software investment. For more information, visit www.valuecreed.com