– USA, MN – Deluxe (NYSE: DLX), a Trusted Business Technology company, today announced the election of Paul R. Garcia to its Board of Directors effective on Aug. 18, 2020.
“Paul’s connections and knowledge in the financial service industry will be instrumental in helping Deluxe grow the tech and payments side of our business,” said Board Chair, Cheryl Mayberry McKissack. “We continue to attract incredible talent to our board and our leadership team to drive significant value for our shareholders. I am looking forward to his contributions and insight to further refine our transformation journey.”
“Paul Garcia is a pioneer and innovator in the financial services industry. His deep knowledge and history in the payments space will be invaluable to Deluxe as we continue to realize exceptional revenue growth in our payments, cloud and financial technology offerings,” said CEO, Barry McCarthy.
About Paul Garcia
Mr. Garcia is the retired Chairman and CEO of Global Payments Inc., a publicly-traded, leading provider of credit card processing, check authorization and other electronic payment processing services. Prior to his role at Global Payments, Mr. Garcia served as President and CEO of NaBanco, an electronic credit card processor. Currently, Mr. Garcia is a member of the Boards of Directors of Repay Holdings Corporation and Truist Financial Corp. He has also served on the boards of The Dun & Bradstreet Corporation, SunTrust Banks, Inc., West Corporation, Global Payments Inc. and MasterCard International.
Mr. Garcia has enjoyed significant success as a leader in the financial services industry, including becoming CEO of National Data Corporation’s eCommerce line of business in June 1999, which changed its name to Global Payments Inc. in 2000 and was spun off from NDC in 2001. During Mr. Garcia’s 14-year tenure as CEO, Global Payments’ annual revenues increased from $350 million to $2.4 billion and its current market capitalization is approximately $50 billion.
About Deluxe
Deluxe is a Trusted Business Technology company that champions business so communities thrive. Our solutions help businesses pay and get paid, accelerate growth, and operate more efficiently. For more than 100 years, we’ve been helping businesses succeed at all stages of their lifecycle, from start-up to maturity. Our unparalleled global scale supporting approximately 4.5 million small businesses, over 4,000 financial institutions and hundreds of the world’s largest consumer brands uniquely positions Deluxe to be our customers’ most trusted business partner.
For more information: https://www.deluxe.com/
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