Joel A. Ronning, Chief Executive Officer
Joel Ronning is founder, chairman of the board of directors and chief executive officer of Digital River, Inc. Ronning launched Digital River in 1994 with a vision to use the Internet instead of mail to deliver software. A decade later, Ronning has established Digital River as a profitable, global leader in e-commerce outsourcing and has grown the company beyond its core market of software publishers to include online retailers, distributors and manufacturers.
Under Ronning’s leadership, Digital River has created a strong market position not only as an e-commerce expert, but also as an e-marketing specialist, focused on helping its clients acquire customers and grow online revenues.
Prior to founding Digital River, Ronning successfully launched two other Minnesota companies, where he held executive positions. During his career, he has produced seven patents in encryption technology and digital delivery.
Thomas Donnelly, Chief Financial Officer
Tom Donnelly is chief financial officer for Digital River. In his role, Donnelly is responsible for the worldwide financial operations of the company as well as human resources, tax, investor relations and legal. Under Donnelly’s guidance, the company has achieved record revenues and earnings and strategically expanded its global footprint, adding new offices and operations in Ireland and Luxembourg.
Donnelly previously served as Digital River's treasurer and vice president of finance where he was responsible for cash management, payment processing, foreign exchange, and financial analysis and planning for the company.
In his position, Donnelly brings more than 20 years of finance and operations experience in primarily the technology industry. Prior to joining Digital River, Donnelly served as the chief financial officer and chief operating officer of Net Perceptions, Inc. Prior to Net Perceptions, Donnelly held senior operating or transaction-related positions at several high-tech corporations.