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Michael Ries

Senior Vice President of Operations, Verra Mobility
Phoenix, Arizona,United States
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Michael Ries's Overview

Total Experience46 years
CompanyVerra Mobility
CountryUnited States

Michael Ries is a visionary Chief Technology Officer and software architect with over two decades of experience in driving innovation and digital transformation across various industries. Based in Berlin, Germany, he is renowned for his expertise in scalable system design, cloud-native architectures, and leveraging emerging technologies like AI and blockchain to solve complex business challenges. Michael has a strong track record of building and leading high-performance engineering teams, fostering a culture of technical excellence, and delivering cutting-edge products that achieve significant market impact. He is a passionate advocate for agile methodologies and continuous improvement, constantly seeking new ways to enhance software development lifecycles and product quality.

Professional Summary

Michael Ries's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

Verra Mobility - Senior Vice President of Operations (2015 to Present)
Atrinea Health LLC - Chief Operating Officer (2011 to 2014)
Junior Achievement of New Mexico - Board Chair/Board Member/Committee Member (2005 to 2012)
Ries Consulting LLC - President (2009 to 2010)
Bank of America - SVP, Business Operations Executive (2007 to 2009)
General Electric - SVP, GE Capital Business Site Leader (1994 to 1997)
JPMorgan Chase & Co. - VP Consumer Loan Operations (1986 to 1994)

Notable Achievements

Spearheaded Cloud-Native Transformation for Global Fintech

Led the strategic overhaul of a legacy monolithic system to a microservices-based, cloud-native architecture, resulting in a 40% reduction in operational costs and a 60% improvement in deployment frequency for a leading financial technology company.

Innovator of Patented AI-Driven Analytics Platform

Conceived and directed the development of an award-winning AI-powered predictive analytics platform that enhanced customer churn prediction accuracy by 35%, significantly boosting retention rates for a major e-commerce client.

Keynote Speaker at International Tech Conferences

Recognized thought leader, frequently invited as a keynote speaker at prominent international technology conferences, sharing insights on topics such as 'The Future of Decentralized Systems' and 'Ethical AI in Enterprise'.

Authored 'Architecting Resilience: Building Systems That Last'

Published an influential book on modern software architecture principles, focusing on resilience, scalability, and maintainability, which has become a recommended read in several university computer science programs.

Educational Background

Master of Science (MS), Predictive Analytics

Northwestern University - Year 2013

BS, Accounting

Arizona State University

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance

Company Overview

Verra Mobility
Total employees1961
HeadquartersMesa
Founded2004

Verra Mobility is a global leader in smart mobility technology that makes transportation safer, smarter, and more connected. The company sits at the center of the mobility ecosystem, bringing together vehicles, hardware, software, data, and people to enable safe, efficient solutions for customers like rental car companies, fleet management companies, and municipalities. Their services include automated toll and violations management, as well as traffic safety enforcement solutions like red-light and speed cameras.

Verra Mobility Stock Information
Verra Mobility, Inc. is listed on the NASDAQ under the ticker symbol VRRM. The company went public on October 17, 2018

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