WorkWave appoints new COO, VP of financial services

Holmdel-based WorkWave, a leading provider of Software-as-a-Service solutions, on Tuesday announced the appointment of Joseph Pascaretta as chief operating officer and Jacob Olins as vice president of financial services.

Pascaretta assumed his role Aug. 7; Olins began his term on July 10.

The appointments follow a year of sustained market growth for WorkWave, as total software bookings are up 51% in the second quarter year-over-year, giving the indication that the company will reach half a billion dollars in revenue in 2023.

In his new role, Pascaretta will lead business operations, program management, customer service and support, and customer experience to ensure overall company vision is realized through enabling growth, development and mergers & acquisition efforts.

In his new position, Olins is responsible for developing the strategy and roadmap of WorkWave’s payments and financial service products. This includes leading the payments product team, driving new opportunities for customers through financial product deployment, and maintaining knowledge of key competitors and the general fintech landscape.

“WorkWave was looking for driven, strategic thinkers who would be able to bring their expertise to different areas of the organization,” David Giannetto, CEO of WorkWave, said. “We are thrilled to welcome Joe and Jacob to the WorkWave family. Their extensive experience and proven track records embody the vision and culture of excellence that further strengthens our commitment to providing best-in-class solutions to our valued field service customers.”

Prior to joining WorkWave, Pascaretta has held leadership positions at Dun & Bradstreet, Infor, HTC Global Services and more. In each of these roles, he has been credited with driving digital modernization and transformation at the enterprise level and leading award-winning projects. Pascaretta will be based in New York City.

Olins joins WorkWave with over a decade of experience working in financial services & technology, specializing in embedded finance & payments. Prior to WorkWave, Olins held leadership positions at Epos Now, JP Morgan Chase, Verifone Inc. and Citibank.