BROOMFIELD, Colo. & AUSTIN, Texas--(BUSINESS WIRE)--Jul 22, 2025--
Recurly, a leading subscription management platform for global brands, today announced the appointment of Eric Steele as Chief Financial Officer (CFO), reinforcing the company’s commitment to building a world-class leadership team as it accelerates growth and expands its platform capabilities.
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Steele brings a proven track record of financial leadership with growth-stage technology companies. Most recently, he served as CFO at Paytronix, where he drove profitable growth and guided the company through a strategic sale. Prior to that, he held senior leadership positions at Snap One, where he played a key role in scaling the business to over $1 billion in revenue and leading its public market debut. His strategic finance background also includes experience in growth equity investing and investment banking.
At Recurly, Steele will oversee financial strategy, FP&A, accounting, and operations, providing key leadership to drive the company’s next phase of growth. His appointment comes at a time of rapid momentum for Recurly, including the recent strategic acquisitions of Redfast and Prive, as the company continues to invest in innovative solutions for subscription brands.
“I’m thrilled to join Recurly at such a dynamic time in our growth journey,” said Eric Steele, CFO of Recurly. “With a cohesive team, strong financial foundation, and multiple vectors for continued growth in place, we are poised to extend our industry leadership position and deliver an expanded value proposition to our network of leading global brands.”
“Eric brings the experience and mindset that align perfectly with where Recurly is headed,” said Joe Rohrlich, CEO of Recurly. “He’s a thoughtful, strategic leader who knows how to drive sustainable growth and partner with key stakeholders to unlock long-term value.”
Steele’s appointment underscores Recurly’s focus on scaling with intention—bringing in seasoned leadership to navigate a dynamic market, support evolving customer needs, and unlock new growth opportunities for subscription businesses worldwide.
About Recurly
Recurly is the leading subscription management and billing platform trusted by thousands of brands across digital media, streaming, ecommerce, publishing, SaaS, education, consumer goods, and professional services industries to drive revenue and optimize the subscriber experience. Headquartered in Austin, TX, along with offices in Broomfield, CO, Medellin, and London, Recurly is powering the subscription economy for global enterprises such as Paramount+, Alaska Airlines, Sling, FabFitFun, and Sprout Social. The company provides the flexibility, intelligence, and scalability businesses need to succeed. With industry-leading analytics, revenue recovery tools, and frictionless billing solutions, Recurly helps brands maximize subscriber growth, increase retention, and unlock new revenue opportunities. Learn more at www.recurly.com.
Recurly names Eric Steele as CFO, reinforcing its commitment to building a world-class leadership team as it accelerates growth and expands its platform capabilities.
PENTICTON, British Columbia (AP) — A wildfire that forced more than 20,000 people from their homes in western Canada moved so quickly that crews had to abandon firefighting to help residents escape, a pace British Columbia’s premier said Wednesday may represent a “new normal.”
The Bald Range wildfire erupted Friday near Summerland, a community of about 12,000 in British Columbia’s Okanagan region. By Wednesday, it had grown to about 184 square kilometers (71 square miles) after destroying homes and killing an 80-year-old woman.
"There’s an important set of lessons for us to take about how quickly this moved and that this may be our new normal for fire speed," Premier David Eby said. He said the blaze outpaced wildfire modeling and left some residents with little time to evacuate.
Officials have begun damage assessments, but the area remained unsafe Wednesday and there was no timeline for residents to return.
Crews were clearing vegetation to help slow the fire’s spread as officials warned that thunderstorms could bring erratic winds and increase fire activity. Highway 97, a major route through the area, remained closed.
Eby visited an evacuation reception center in Penticton, where he said he met people devastated by the loss of their homes.
“A lot of emotions in there, obviously,” he told reporters, calling the woman’s death a “tragic loss.”
Summerland pharmacist Jonathan Kiesman said he was worried about displaced patients getting their medications and said seeing the fire approach the community “almost brought tears to my eyes.”
Officials said they were withholding broader details on property losses until residents could be notified directly.
“The last thing that I would want is somebody to have the shock of finding out on social media or on television about their home being lost,” British Columbia Emergency Management Minister Kelly Greene said.
Eby said the province would review the response, including whether changes are needed to wildfire planning, building standards and vegetation management near communities.
Given the drought and summer heat, he warned, “this is very unlikely to be the last significant fire we see this summer.”
Summerland Mayor Doug Holmes warned that recovery would be long and difficult.
Canada has endured a series of severe wildfire seasons in recent years, with smoke repeatedly drifting into the United States. In record-setting 2023, fires burned more than 14.6 million hectares (36 million acres), an area roughly the size of Illinois.
Canada has warmed faster than the global average in recent decades, while the amount of land burned by wildfires has increased substantially. Much of the country’s forest is remote and dominated by spruce and pine, conditions that can make fires difficult to contain once they become established.
Fire crews drop water on a wildfire along Highway 3 in Manning Park, British Columbia, as fires burn throughout the southeastern part of the Provence on Wednesday, Aug. 12, 2026. (AP Photo/Haven Daley)
Fire crews drop water on a wildfire along Highway 3 in Manning Park, British Columbia, as fires burn throughout the southeastern part of the Provence on Wednesday, Aug. 12, 2026. (AP Photo/Haven Daley)
Fire crews drop water on a wildfire along Highway 3 in Manning Park, British Columbia, as fires burn throughout the southeastern part of the Provence on Wednesday, Aug. 12, 2026. (AP Photo/Haven Daley)
