Press release

Virtual Appoints Mauro Lance as Chief Financial Officer

Sponsored by Businesswire

Virtual, Inc., the leading provider of professional services to technology consortia and professional societies, today announced that Mauro Lance has been appointed Chief Financial Officer and he will lead the strategy and management of Virtual’s corporate and client financial operations. Lance has more than 25 years of expertise in Governance, Finance and Operations with extensive experience in the IT and payment security industry while living and working in Chile, China, France, and the United States.

“I have had the pleasure of working with Mauro for more than a decade in his role with PCI SSC and he will bring both a fresh perspective and an exceptional skill set to the table for Virtual,” said Andy Freed, CEO, Virtual, Inc. “Mauro will diversify the level of experience and expertise in our leadership team, and he will add a global, mission-driven mindset to the professional services that grow, launch, and transform each of our client organizations.”

Lance was previously the Senior Vice President and Operating Officer at PCI Security Standards Council, where he was responsible for the day-to-day operations, business strategy, investments, and growth of the Council. Born in Chile, Lance is a Fulbright Scholar, he also held leadership positions at the MIT Media Lab, the World Wide Web Consortium (W3C), and he was a founding director of the Web Foundation.

“Virtual has an impressive portfolio of organizations that have a global impact and I want to play a role in helping our clients make the world a better place,” said Mauro Lance. “I see my role as CFO of Virtual as the culmination of many years of working with and helping organizations to grow and be financially sustainable so they can accomplish their mission. It’s about collaboration, both with Virtual and our clients, from the executive level on down. Virtual allows our clients to pursue their mission by doing what they are best at, while leaving their financial and operational worries to us, knowing that we have the expertise and state-of-the-art tools to fully support them.”

About Virtual, Inc.

Virtual is a professional services firm that enables organizations to achieve their goals and make a mark on the world. Whether helping an organization go from zero to 800 corporate members in a mere 18 months, to creating and facilitating the adoption of digital payment standards around the world, or extending the reach and impact of an international group dedicated to curing prostate and breast cancer, Virtual provides strategic advisory and execution services that drive real results for technology consortia, standards groups and associations that are forming, growing or changing.

Virtual was recently named again to The Boston Globe’s “Top Places to Work” list, and the firm has been named three times to Inc. Magazine‘s list of 5,000 fastest-growing private companies. Virtual is accredited by the AMC Institute, the global trade group that represents the association management industry.

For more information about Virtual, Inc., visit, or call +1 781-246-0500.