Former Nestlé USA Vice President of Taxes Will Guide Company’s Income Tax Strategy
King of Prussia
Vertex, Inc., a leading provider of tax technology solutions, announced that Michael Davis has joined Vertex as chief advisor and tax strategist. Davis joins Vertex from Nestlé USA where he built a 50-person tax department and was involved in over 40 acquisitions. He has extensive experience in tax planning, compliance, audit controversy, provision and operations, as well as tax data management.
“We welcome Michael, a well-respected, recognized industry leader to Vertex,” stated Vertex President and CEO David DeStefano. “Michael’s addition will provide valuable strategic insights to our efforts and further collaboration with partners, alliances and customers to elevate and advance the tax data management and income tax space.”
During his career at Nestlé, Davis led the team that built the first digital corporate tax department, which has been recognized for its industry-leading best practices for automation and standardization of global platforms including SAP, Oracle and Vertex. He holds a Bachelor of Science in finance from the University of Bridgeport and an MBA in accounting from the University of New Haven. Davis is also a member of the Business Advisory Council and executive director of the Executive MBA (EMBA) program at the University of New Haven.
“I am excited to join Vertex and help shape the future of the company’s tax data management and income tax strategy,” said Davis. “After a successful 30-year career at Nestlé, I chose to join Vertex for this unique opportunity. Vertex is the clear leader in transaction tax reporting, planning and compliance technology – now it’s time for the company to expand on its success and lead with additional tax data management solutions.”
Vertex, Inc. is a leading provider of tax technology and services, enabling companies of all sizes to realize the full strategic potential of the tax function by automating and integrating tax processes, while leveraging advanced and predictive analytics of tax data. Vertex provides cloud-based and on-premise solutions that can be tailored to specific industries for every major line of tax, including income, sales and consumer use, value added and payroll. Headquartered in Pennsylvania, and with offices worldwide, Vertex is a privately held company that employs over 900 professionals and serves companies across the globe.
For more information, follow Vertex on Twitter @vertexinc.
Tricia Schafer-Petrecz, Vertex Inc.