Feb 03, 2016: Warburg Pincus, a leading private equity firm focused on growth appoints Cormac Whelan as chief executive officer of Mercator Solutions, a leading provider of technology-enabled solutions to the travel, transportation and logistics industry.
Whelan brings to Mercator an enviable track record founding and developing market leading companies known for innovative products and services, along with extensive experience and expertise in the airline and travel markets. Currently , he is the chairman of Boxever, a fast-growing data science and customer intelligence platform, and previously the CEO of Datalex PLC, the largest digital retail platform provider to the global airline industry.
At Datalex, Whelan led a team that transformed the way over 500 million travelers purchased travel and travel related products and services, and helped change the way travel companies engaged their customers. Almost all the leading organisations, ranging from US West Coast based start-ups and public companies to European private and listed corporations have benefited from his blend of innovation, leadership, sales, marketing, and finance expertise.
Whelan said, “With Warburg Pincus in partnership with Mercator, the company is uniquely poised to become a disrupter in the global travel and transportation industry. There is untapped opportunity to harness the power of technology to transform the passenger experience and the way cargo is managed and delivered. Our vision is to capitalise on the power of Mercator’s market position, its software platforms, products, and managed services capabilities to drive the next level of innovation and engagement for travelers, shippers, and carriers alike.”
“Cormac is the right CEO to drive our growth following Mercator’s successful carve out from the Emirates Group last year. We are delighted to attract a leader with the vision to challenge current industry thinking and the ability to lead a team to design and deliver the right solutions,” commented Joseph Schull, chairman of Warburg Pincus International LLC.
Mercator is a leading provider of software platforms and technology-led solutions to the global travel, transportation, and logistics industry.