MX, a Lehi-based financial data and connectivity platform, has announced that Shane Evans has been appointed interim CEO and member of the board of directors. Evans succeeds founder Ryan Caldwell, who is transitioning from his role as CEO to a new role as executive chair in order to spend more time with family and focus on his daughter’s health. Caldwell will continue to advise the executive team and board of directors on go-to-market, product development and long-term business growth.

“As president, Shane has worked extensively with the board and executive team to increase revenue, scale the business and position MX as the leading financial data platform for organizations everywhere. I am confident that Shane is the right person to lead MX through this next phase of growth and category leadership,” said Caldwell. “I look forward to working closely with Shane as we continue to build the business, help organizations connect to and harness the power of financial data to grow their business, and transform the way people engage with their money.”

Evans was promoted to president of MX in 2021 after joining the organization in 2019 as the company’s first chief revenue officer. Prior to MX, he spent five years at Qualtrics.

“I am grateful for the opportunity to help lead MX through our next phase of growth, as we accelerate the business and help organizations unlock the power of financial data,” said Evans. “The MX founders — Ryan Caldwell and Brandon Dewitt — have built an incredible culture and team despite unprecedented health challenges for themselves and their families. We are grateful for Ryan Caldwell’s continued strategic leadership moving forward as executive chair and stand committed to honoring their vision and legacy as we continue to build MX.”