Suggestions
Steven Springsteel
Chief Financial Officer at Recurly
Steven Springsteel is the Chief Financial Officer (CFO) at Recurly, a leading subscription management platform, a position he has held since February 2021. He is based in the San Francisco Bay Area and has an extensive background in finance and executive management, with experience in both public and private companies.
Professional Background
-
Experience: Springsteel has a notable career as a CFO and CEO, having led two successful IPOs and managed numerous mergers, acquisitions, and strategic alliances. Before joining Recurly, he served as CFO at BetterWorks, where he facilitated the acquisition of Hyphen. His previous roles include CFO positions at MetricStream, Actian Corporation, and MarkLogic. At Actian, he notably doubled the company's revenue while integrating three acquisitions simultaneously.123
-
Board Memberships: He has been active on the boards of various companies, chairing audit and compensation committees. His advisory roles have made him a trusted partner to CEOs and board members across multiple sectors.14
-
Awards: Springsteel was recognized with the Ernst & Young "Entrepreneur of the Year" award for Software in Northern California in 2008, highlighting his contributions to the industry.23
Education
Steven holds a Bachelor of Business Administration from Cleveland State University.13
Personal Interests
Outside of his professional endeavors, Springsteel enjoys activities such as mountain biking and scuba diving. He is also a PADI-certified scuba instructor.2
In summary, Steven Springsteel combines deep financial expertise with strategic leadership capabilities, making significant contributions to Recurly's growth and operational success in the competitive subscription management sector.
Highlights
The payment moment holds immense power over subscriber relationships, brand trust, and ultimately, your bottom line. It's not just about transactions; it's about the experience and value we provide to each subscriber. The path to explosive growth lies in mastering strategic billing and payment management. This isn't just about reducing churn; it's about forging lasting connections and building a resilient, growth-oriented subscription model.
Recurly commissioned Forrester Consulting to conduct an in-depth study on the challenges and opportunities lying within subscription management and recurring billing for consumer subscription brands.
The findings are clear—every business surveyed felt the sting of payment challenges, with over 60% witnessing direct revenue losses and over half seeing their subscriber relationships and brand perception tarnished.
Download the report and take a detailed look at the recommendations that could redefine your approach to the payment experience and subscription management: 🔗 https://bit.ly/44BJCMd
Your business deserves a payment experience that drives you forward; not holds you back. #KeepAGoodThingGrowing®️
I’m so excited to share the release of the Recurly 2024 State of Subscriptions report. Understanding these trends and benchmarks can empower any CFO at a subscription business to make informed decisions, optimize strategies, and enhance the financial health of your business. Download the report here and let me know what you think:
