TryCycle Data Systems founder John MacBeth (left) has handed the CEO’s reins to Brett Merriman (right), the company announced this week. Photo courtesy TryCycle Data Systems

One of Ottawa’s fastest-growing tech startups has installed a new chief executive as it looks to accelerate its expansion into new markets.

TryCycle Data Systems founder and original CEO John MacBeth has stepped aside to focus on acquiring new customers, the company announced this week. He has been replaced by Brett Merriman, who joined the firm as chief financial officer in 2022.

A first-time CEO, Merriman brings 15 years’ experience as a senior finance executive to his new role. He told Techopia he’s looking forward to overseeing TryCycle’s scaleup efforts as it aims to broaden its customer base and penetrate deeper into the United States.

“The buck stops with me, so there is that pressure,” Merriman said in an interview this week. “I take that extremely seriously, and I’m going to work my tail off to do what I can to make sure that … this is a success.”

The 38-year-old earned a bachelor of commerce degree from Carleton University in 2008. He started his career as an accountant at Ginsberg Gluzman Fage & Levitz before spending six and a half years as a controller and later director of finance at waterslide manufacturer ProSlide Technologies.

After a stint as VP of finance for video management solutions provider Senstar, Merriman took on the CFO role at RBR, a Kanata firm that makes cutting-edge sensors used in deep-sea research. Before joining TryCycle, he spent a year as chief operating officer at Ottawa-based real estate management firm Inside Edge Properties.

Read the full article.