Board of Directors
The Board of Directors provide corporate governance and oversight.
Ric AndersenBoard Member
Ric Andersen joined the Vertex Board of Directors in February 2008. He has more than ten years of private equity experience and over 25 years of consulting and management experience at IBM, Price Waterhouse, and PwC Consulting. Currently he is a partner at Peak Equity, a Philadelphia-based private equity firm focused on lower middle market enterprise software. Prior to joining Peak, Ric was a partner at Milestone Partners, a Philadelphia-based private equity firm, he was also a managing director at Silver Lake Partners, a technology-focused private equity firm based in New York.
During his tenures with Price Waterhouse, PwC Consulting, and IBM, Ric was a senior partner who built and managed enterprise software/ERP businesses, as well as business process outsourcing operations. He spent much of his early career leading large-scale business improvement programs for Fortune 500 companies in the technology sector, as well as other industries.
Ric is currently a director on the Boards of two other privately held companies, G5 and EnterpriseDB. In addition, he serves on the Board of the publicly traded online education corporation, American Public Education Inc., as well as the Board of the Barra Foundation, a large charitable foundation.
A member of the American Institute of Certified Public Accountants, Ric holds an MBA from the Wharton School at the University of Pennsylvania and a BS from Bucknell University.
David DeStefanoPresident and CEO
David DeStefano is President and Chief Executive Officer of Vertex, Inc., the leading provider of corporate tax solutions for companies of all sizes, from small to medium-sized businesses to global multinationals. As President and CEO, David DeStefano is responsible for the overall strategic direction of the company, its financial performance, corporate culture and brand development.
Since joining the company in 1999, David has served as Vice President, Chief Financial Officer, and later as Executive Vice President and member of the Executive Council. He became President in January 2016, and Chief Executive Officer in October 2016.
Under David’s stewardship, Vertex has refined its core strategic direction as well as the underlying Tax Performance Management technology, and has continued to expand globally. During his tenure as President, Vertex has been named by Working Mother magazine as one of the 2016 “Working Mother 100 Best Companies,” and as a Top Workplace in the Philadelphia region by Philly.com. Since its start in 1978, Vertex has grown to around 850 professionals at its offices in the US (Berwyn PA, Dallas, Fort Collins, Naperville, Phoenix, San Francisco, Sarasota, and Seattle), Europe (London), and Brazil (São Paulo).
David is a member of The Conference Board, where he serves on the Middle Market Executive Council, and he is a frequent speaker to business and community organizations. David is very active in youth sports, having served for many years on the Boards of the Moorestown Youth Street Hockey Association and Moorestown Lacrosse Club. He is a Lehigh University graduate, and is married with three children.
Terrence KyleBoard Member
Terrence Kyle joined the Vertex Board of Directors in June 2004. Terry is currently a partner with WIN Capital, LLC, a private equity group that invests in emerging growth companies from the manufacturing, technology, and service markets.
As Senior Vice President and CFO of Shared Medical Systems (SMS), Terry helped take the company public in 1976 and was responsible for moving the stock from the NASDAQ Stock Market to the New York Stock Exchange in 1997. He also led the team that negotiated the sale of SMS to the Siemens Corporation in July 2000. During his 24-year career at SMS, the company grew from $35 million in revenue and more than 650 employees in the US to $1.2 billion in revenue and more than 7,500 employees spanning 22 countries.
Terry received his BS in Accounting from Drexel University and is a Certified Public Accountant. He began his career with Arthur Andersen & Company and is a member of the American Institute of Certified Public Accountants and the Pennsylvania Institute of Certified Public Accountants.
Amanda Westphal RadcliffeBoard Member and Co-Owner, Vertex Inc.
Amanda Westphal Radcliffe, co-owner of Vertex, joined the company in 1993 and serves on the Vertex Board of Directors. Prior to joining Vertex, she was General Marketing Manager for Rosenbluth International and was recognized by Philadelphia Business Magazine as one of the young businesswomen to watch in Philadelphia.
After leaving Rosenbluth, Amanda served as a technical trainer in the Vertex Training Department, teaching clients implementation, installation, and use of Vertex software products. Along with her Vertex Board responsibilities, she became owner and President of Antoinette, the Day Spa & Salon in Paoli, Pennsylvania. The spa was routinely selected by national and local media as one of the premier day spa destinations in the country. In 2002, Amanda successfully transitioned the business to a national spa management corporation.
In 2004, Amanda joined the Board of Breastcancer.org, a leading web-based source of information on breast cancer. She served as Chairman of the Board from 2006 through 2011 and helped the organization achieve its mission of being the leading resource of medical information and a sense of community for breast cancer patients and their families worldwide.
Amanda serves on the Drexel University Design Council, which promotes support of one of the country’s leading arts colleges, the Antoinette Westphal College of Media Arts and Design at Drexel University. She also serves on the Children’s Hospital of Philadelphia Advisory Council for the Center of Fetal Diagnosis and Treatment and St. Joseph University's Kinney Center for Autism Advisory Board. In addition, Amanda is a member of the Conference Board and the Women Corporate Directors Foundation.
Kevin RobertBoard Member
Kevin Robert joined the Vertex Board of Directors in February 2015. Named one of the “Top 100 Most Influential People” by Accounting Today magazine, Kevin spent more than three decades at Wolters Kluwer Tax & Accounting, the $1.27 billion global division of the $4.6 billion company.
Beginning as an Account Sales Manager in 1981 with CCH Computax, Kevin steadily progressed through leadership positions at CCH Computax and CCH Publishing before being named President and CEO of CCH Tax Compliance in 2001. Following the company’s 1995 acquisition by Wolters Kluwer, Kevin led the Tax & Accounting division’s operations in North America and Asia Pacific before being named Global CEO in 2010. During his tenure, revenue grew 11% and EBITDA increased 66%.
Kevin brings deep experience in developing and marketing leading-edge accounting, tax and audit software and information solutions for accounting and tax professionals around the world. His multi-national experience includes developing business in North America, South America, Europe and the Pacific Rim, identifying global opportunities and negotiating the acquisition of companies.
Kevin holds a BS in Marketing from the University of New Orleans and an MBA in Management from Pepperdine University. He also serves on the Board of Epiq Software.
Stefanie Westphal ThompsonBoard Member and Co-Owner, Vertex Inc.
Stefanie Westphal Thompson, co-owner of Vertex, joined the company in 1991. She is currently Treasurer and serves on the Vertex Board of Directors. Prior to joining Vertex, Stevie was a vice president at Chemical Bank (now part of Chase), where she specialized in managing the banking relationship for middle market companies, including lending and cash management.
Stevie sat on Bryn Mawr Hospital’s Foundation Board for eight years, serving as Head of their Trustee Committee and as Vice-Chairman. She also served on the Board of the Agnes Irwin School in Rosemont, Pennsylvania, for 10 years, heading its Trustees Committee.
Stevie earned an MBA in Finance from Fordham University and has dual Bachelor’s degrees in Engineering and Economics from Lafayette College. She is married with five daughters and enjoys golf, paddle tennis, bridge, travel and is an avid Philly sports fan.
Jeff WestphalChairperson of the Board of Directors and Co-Owner, Vertex Inc.
Jeff Westphal is Chairperson of the Board of Directors and co-owner of Vertex Inc., the leading provider of corporate tax software and services for companies of all sizes, from small to medium-sized businesses to global multinationals.
In 1988, he joined the company founded by his father, Ray Westphal. During his tenure, he has served as Director of Marketing, Vice President of Sales and Marketing, and later as Executive Vice President. He was promoted to President in 1996 and to Chief Executive Officer in 2001.
Under Jeff's stewardship, Vertex has established consulting and implementation service offerings, established European and Brazilian operations, and expanded to become the global leader in Enterprise Tax Performance solutions. During his tenure, Vertex was also awarded one of the "Top Workplaces" in the Delaware Valley and "The Best Place to Work in Pennsylvania.” Since its start in 1978, Vertex has grown to around 900 professionals at its headquarters in the U.S. (Berwyn, PA) and its global offices in Europe (London), Brazil (São Paulo), Dallas, Fort Collins, Naperville, Phoenix, San Francisco, Sarasota and Seattle.
Jeff is a member of the Institute for Professionals in Taxation (IPT), World Presidents' Organization (WPO), the Conference Board, where he currently serves as Chairman of the Middle Market Executive Council, and is also a frequent speaker to business and community organizations. Jeff served as Chairman of the Board of Open Connections, Inc. (a not-for-profit open educational organization) for 15 years and remains a trustee. In addition, he is Co-founder with his wife, Jenifer, of Kyle's Treehouse, (kylestreehouse.org), a web-based resource for families seeking hope and guidance for the treatment of children diagnosed with Autism Spectrum Disorder.