– USA, CO – CPI Card Group Inc. (Nasdaq: PMTS), a payment technology company and leading provider of credit, debit, and prepaid solutions, today announced the appointment of Sandy Riley as Independent Chair of the Board of Directors, replacing Brad Seaman who resigned from the Board effective June 15.
“We are excited to welcome Sandy as CPI’s new Board Chair. His strong financial services and public company experience complements our Board’s current composition, and he will be a great source of guidance for the Company as it pursues its strategies to drive growth and enhance shareholder value,” said Valerie Soranno Keating, Chair of the Nominating and Corporate Governance Committee.
About H. Sanford Riley
Sandy Riley, President and CEO of Richardson Financial Group Limited, joined the CPI Board in May. He has served in his current role at Richardson, a specialized financial services company, since 2003 and was previously President and CEO, and Chairman of Investor Group, Inc., Canada’s largest mutual fund company. Riley is also a member of the board of directors of Molson Coors and R.F. Capital Group Inc. and previously served on the boards of Canadian Western Bank, The North West Company, and Manitoba Hydro.
“I am very impressed with CPI’s leadership team and the Company’s accomplishments over the last five years,” said Sandy Riley. “I am excited about the opportunity to help CPI build on its position as a market leader in the U.S. payments space by continuing to evolve its customer-focused strategy to respond to new market opportunities.”
About CPI Card Group Inc.
CPI Card Group is a payment technology company providing a comprehensive range of credit, debit, and prepaid card solutions, complementary digital solutions, and Software-as-a-Service (SaaS) instant issuance. With a focus on building personal relationships and earning trust, we help our customers navigate the constantly evolving world of payments while delivering innovative solutions that spark connections and support their brands. We serve clients across industries, sizes, and scales through our team of experienced, dedicated employees and our network of high-security production and card services facilities—located in the United States. CPI is committed to exceeding our customers’ expectations, transforming our industry, and enhancing the way people pay every day.
Source: https://www.cpicardgroup.com/
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