Chexar Networks hires Rusty Pickering as its General Counsel, Chief Compliance & Corporate Development Officer

Senior Partner with Nelson Mullins brings significant experience and expertise in-house at fast growing financial services company.

(PRWEB) January 02, 2013

Chexar Networks, Inc. (“CHEXAR®”), announced today that Rusty Pickering has joined the company as its General Counsel, Chief Compliance & Corporate Development Officer. Mr. Pickering graduated from Tulane University with a BS in Biomedical Engineering and holds a JD from the University of Texas School of Law. He is a senior partner in the Atlanta office of Nelson Mullins Riley and Scarborough where he has practiced for over 18 years, and served for 2 years as the General Counsel of a Nasdaq listed financial technology company. He has significant experience in corporate governance, public and private securities law, M&A, private equity, intellectual property and operations, and helped to establish and lead the firm's venture capital practice in Atlanta.

Drew W. Edwards, Chexar founder and CEO commented, “I have worked with Rusty for more than 15 years and while he has a great legal mind, my favorite trait comes from his operational experience as the General Counsel for a public financial services company. Rusty's practical operational experience allows him to understand the balance between risk and business. I am personally flattered that Rusty would leave his extremely successful law practice to join our endeavor and I think this speaks to the opportunity we have at Chexar.”

Mr. Pickering will assume responsibility for Chexar's legal, compliance and corporate development efforts including contractual negotiations, corporate governance, employment practices, patent development and prudence, regulatory compliance, acquisitions and joint ventures.

Mr. Pickering commented, “Many corporate lawyers aspire to cross over and help to build a company. Very few ever find an opportunity compelling enough to leave their practices. I am truly fortunate to have represented Chexar and now to have this opportunity to join them. Their solutions uniquely fill a void in the market, and I believe they are on the verge of making a huge impact in the mobile payments marketplace.”

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