Primary Job Title President and CEO Primary Organization
Inova Payroll
Location Nashville, Tennessee, United States Regions Southern US Gender Male
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Following a year of postgraduate studies at Vanderbilt University, Farsheed Ferdowsi founded Access Data—a business software development firm in 1979. This was followed by a string of other companies in the information technology and business services industry.
In 1991, he founded PayMaxx, a payroll service outsourcing company, which took off on
the national scene reaching the rank of top-10 largest in the USA. PayMaxx was included in the prestigious Inc. 500 list for four consecutive years and was a five-time winner of the Nashville Area Chamber’s Future 50 Hall of Fame award. In 2005, PayMaxx was sold to CompuPay where Mr. Ferdowsi served as Chief Development Officer for two years. After a brief hiatus from his 30-year career in the payroll services business, he decided to reengage the industry he loves by launching Inova Payroll™.
Farsheed was recognized by the Nashville Business Journal as the Entrepreneur of the Year in 2002 and is an alumnus of Leadership Nashville. Throughout the years, he has served on the boards of several non-profit organizations in Middle-Tennessee. These include the Red Cross, the Nashville Zoo, the Nashville Area Chamber of Commerce, the Middle Tennessee YMCA, and the Rotary Club of Nashville. He is currently a board member of XFormity Technologies, (OTCBB:XFMY), ConduIT, and nTelagant.
He holds a master’s degree in structural engineering from U.C. Berkeley and a bachelor’s degree in civil engineering from Vanderbilt University.
