Retail and digital commerce veteran Phil Newmoyer has joined Frisco-based RETISIO Inc. as its new president, bringing with him years of corporate leadership experience.
RETISIO, a leading provider of eCommerce solutions, said Newmoyer comes to the company after having served in roles such as CEO of Provoso Software, chief information officer for Toys R Us and Serta Simmons Bedding, and chief technology officer of Money Mart Financial Inc.
In a statement, Newmoyer commended the company’s innovative approach. The co-founding team, known for their successful tenure at major global retail brands, is considered a leading force in futuristic thinking within the retail sector, he says.
Newmoyer, as a previous customer, is familiar with RETISIO’s ingenuity in product and technology development. The new president said that “the group of co-founders represents the most innovative and futuristic thinking I’ve worked with.”
Highlighting the company’s unique value proposition and its “decades of success stories at the world’s most iconic retail brands,” Newmoyer added that RETISIO’s offerings are “on another level,” creating distinct capabilities that provide a competitive edge to its customers.
Newmoyer and RETISIO CEO Sudhanshu Mohan are big-brand eCommerce veterans.
“We have a history of great eCommerce success together,” Mohan said, adding that Newmoyer’s “invaluable expertise” in the tech and digital sectors gives him a unique edge. She emphasized the new president’s specialization in utilizing AI-driven commerce technologies for customers and markets—a skill set that has proven instrumental to the company’s growth.
“[Newmoyer] has a real talent for growing businesses through customer acquisition and retention,” Mohan said, adding that his ability to create “impactful value” is one of his most noteworthy traits.
Newmoyer said his previous experience with Mohan gives him optimism about joining the company.
“When I was CIO at Toy R Us, Sudhanshu delivered eCommerce platforms on a grand scale with advanced technologies that simply weren’t available in any other product,” he said.
“Fast forward to 2023 and RETISIO Commerce is retail’s most disruptive, intuitive, and advanced E-Commerce platform that delivers what others cannot, bridging information silos, true optimization of search and content processes, and fantastic customer experiences.”
The company said that RETISIO provides advanced eCommerce solutions that empower modern retailers and brands to sell more online and reduce risk.
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