Richard Paxton

Richard Paxton currently serves as the Chief Executive Officer at Velocity FSS Inc. since May 2024 and has been the CEO and Senior Managing Partner at The Alacer Group since March 2009, where responsibilities include collaborating with clients on initiatives to meet organizational goals. Prior experience includes senior roles at JPMorgan Chase as SVP, Division Exec Operational Excellence and at Bank of America as SVP, Global Quality & Productivity Process Excellence and Lean Executive, focusing on process design and continuous improvement. Earlier positions include Sr. Continuous Improvement Manager at Intier Integrated Systems and Launch Manager/Six Sigma Black Belt at Ford Motor Company, emphasizing Lean manufacturing and Six Sigma methodologies. Richard Paxton holds an MBA in Strategic Management from Davenport University and a BSME in Mechanical Engineering from Wayne State University.