Xcelerate Solutions Appoints Doug Kollme as CFO

Xcelerate Solutions has welcomed Doug Kollme as chief financial officer. Kollme, who announced the appointment in a LinkedIn post on Thursday, joined Xcelerate with over a decade of experience as CFO of high-growth technology and services companies.

Who Is Doug Kollme?

The executive most recently served as CFO of Iron Bow Technologies. He also held the same role at J&J Worldwide Services, consulting business Customer Value Partners, data analytics company The Buffalo Group, InfoZen, XLA, Harvey Performance and Acentia.

According to his LinkedIn profile, Kollme has executed and led over $600 million in mergers and acquisitions involving private equity firms and public company acquirers. He has also closed multiple rounds of financings at all levels of the capital structure, from senior debt to private equity, developed and expanded his teams, instituted best practices and policies, and created all budgets and the accompanying financial reports.

Prior to his CFO roles, he held investment banking and commercial banking positions at Wachovia Securities, First Union and Dominion Bank.

The new Xcelerate CFO earned a master’s degree from The Fuqua School of Business at Duke University and a bachelor’s degree in business administration from Wake Forest University.

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