Jillian Sheehan Promoted to Executive Vice President and CFO of Textura Corporation

CHICAGO, March 29, 2011 /PRNewswire/ -- Textura Corporation, the leading provider of collaboration solutions for the construction industry, announces the promotion of Jillian Sheehan to Executive Vice President and Chief Financial Officer.  She previously served as Senior Vice President of Finance.  This promotion is in recognition of Jillian's outstanding contributions, hard work, positive attitude and commitment to Textura; and was approved by Textura's Board of Directors.  

Patrick Allin, Textura Chairman and CEO, said, "I was delighted to recommend Jillian's promotion.  Our finance department has grown from modest beginnings to the point where it is today processing over a billion dollars in client payments per month, with peaks of over $100,000,000 per day.  Jillian has put in place all the necessary procedures and controls to ensure that each and every payment is processed correctly and that the finance department can seamlessly support our growth.  Jillian is a valuable part of our team and has earned this recognition."  

Bob Wayman, Textura Director and Audit Committee chair, commented, "The Board unanimously confirmed Jillian's appointment as CFO.  She has demonstrated outstanding contributions to Textura over the past five years.  As Textura has grown, so has she.  Our tremendous market success has placed high demands on the finance organization.  Jillian has anticipated and met every new challenge."  

Jillian began her career with Andersen LLP as an auditor and business process consultant.  She is a Certified Public Accountant and has an MBA from DePaul University.  

About Textura

Founded in 2004, Textura has developed the only robust collaborative industry solutions for construction payment management, Textura—CPM, and for pre-qualification management, Textura—PQM.  

Textura—CPM electronically integrates all construction payment management process components – billing, lien waiver collection, statutory declaration collection, sub-tier waivers, compliance management, and payments – into one seamless work flow.  CPM helps contractors and others involved in construction projects realize significant efficiency benefits from automation and streamlining; and, risk reduction from improved control and visibility.  

Textura—PQM automates the entire pre-qualification process for everyone by facilitating the electronic submission, review, approval and updating of all pre-qualification documents.  PQM's online data management system speeds the pre-qualification process by allowing subcontractors to enter their information one-time into a database which can then produce tailored pre-qualification forms that provide specific information required by individual general contractors.  PQM provides contractors with dramatic efficiency benefits and a foundation for better information and decision-making.  PQM supports MWBE programs.  Please visit our website at www.texturacorp.com.

SOURCE Textura Corporation

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