Derek Pilling

Derek joined Faction as Chief Financial Officer in 2020 and leads the company’s finance and accounting functions. Derek co-founded Workhorse Capital in 2016, leading the firm’s strategic and operational direction. Derek represents Workhorse on the Boards of Directors of Datavail, Inc. and Traackr, Inc.

Previously, Derek was a Managing Director of Meritage Funds, a multi-stage private investment firm. He led Meritage’s efforts to reposition itself as a growth-equity firm during the firm’s 2008 formation of Meritage Fund III. Derek was active in the firm’s sourcing and marketing efforts, originating a number of the firm’s investments, including EdgeConneX, Faction, and Crisp Media.

Derek continues to represent Meritage on the Board of Directors of Faction. He has held a number of operating and financial advisory positions in the tech-enabled services segment, including Chief Executive Officer of IP Commerce and Vice President of NetLibrary. Derek’s prior experience also includes work as an investment banker with the Wallach Company and A.G. Edwards & Sons. Derek is a graduate of Indiana University and The Kellogg School of Management at Northwestern University, where he graduated with honors.