BillingTree named a new chief executive officer on Thursday.

Coming aboard as the new leader of the supplier of financial technology and payment solutions is Christine Lee. The company indicated in a news release that former CEO Edgars Sturans will remain as a BillingTree board member.

BillingTree highlighted Lee’s hiring comes at an opportune time for the rapidly growing payment solution provider, supplying a wealth of payment industry and banking experience as the company expands deeper within new verticals. Her expertise will complement the company’s success in ARM, auto finance, banking, credit unions and healthcare.

The company described Lee as a highly accomplished industry veteran having successfully lead teams at Moneris, Vantiv, NPC and Bank of America and is currently the president elect for the Electronic Transactions Association (ETA). She’s also served as the Women’s Network in Electronic Transactions (WNET) president and 11-year board member participant.

BillingTree, headquartered in Phoenix with offices in Toledo, Ohio, processes more than $4 billion in payments annually for clients from multiple industries.  The company was most recently recognized as one of the Top Revenue Cycle Management Solutions for 2018.

“I am pleased Christine accepted the CEO position here at BillingTree. Her outstanding resume and experience are the perfect fit to build on our 15-year sustained track record of success, innovation and client service excellence,” Sturans said.

Lee added, “I’m thrilled to join BillingTree, a proven payments company with innovative technology solutions including Payrazr and CareView, which position us for rapid growth within our current and future target verticals.

“The payments industry is rapidly changing, and my career history will serve us well as we continue to scale BillingTree’s revenue growth and software solutions to clients,” Lee went on to say.

Lee plans to be part of BillingTree webinar set for Jan. 30 at 1 p.m. ET, where the company plans to discuss a variety of topics, including a compliance update as well as developments regarding the alert notification process.

To sign up for the free webinar, go to this website.