RevRoad, a Provo-based company providing services to entrepreneurs and startup companies, has appointed Jenney Rees as its new CEO. The firm’s board of directors made the appointment, effective Aug. 1.
RevRoad said founder and former CEO Derrin Hill will continue as the chairman of the board and will take on a larger role in the capital fund and lead raising the next fund with RevRoad Capital. He will continue to help portfolio companies grow, engage investors and continue to build the RevRoad brands.
Rees joined RevRoad in 2023 as chief operating officer of one of its portfolio companies, Orkid, and transitioned to become RevRoad’s chief operating officer in August 2023. Previously, she served as a cabinet member in the Utah governor’s office, leading a state agency with more than 1,300 employees. She also led efforts to consolidate multiple state departments.
In addition to her work in the public sector, Rees also has experience in startup and technology leadership. At MediConnect Global, her efforts supported the company’s growth and ultimate acquisition for $348 million in 2012. She also served as mayor of Cedar Hills. She holds a master’s degree in public administration from Southern Utah University.
“I’m humbled by the opportunity to lead this outstanding team,” said Rees. “Derrin, the RevRoad founders and our board have done so much to elevate startups over the past seven years. I’m honored to be involved in this important and unique mission’s future.”
“She’s the perfect leader to deliver the next phase of the RevRoad vision and a partner I trust completely,” said Hill. “RevRoad has some exciting new programs and services in the works. I’m excited to partner with RevRoad Capital to develop the capital pathway for these, and Jenney has the character and competence to maximize their return. I look forward to what our teams will do together.”