CPI Card Group Inc. Appoints Marc Sheinbaum to Board of Directors
November 18 2019 - 3:00PM
Business Wire
CPI Card Group Inc. (Nasdaq: PMTS; TSX: PMTS) (“CPI Card
Group”), a payment technology company and leading provider of
credit, debit and prepaid solutions, today announced the addition
of Marc Sheinbaum to its Board of Directors, effective November 14,
2019. The Board also appointed Sheinbaum to the Audit
Committee.
“I am pleased to welcome Marc to our Board as an independent
Director,” said Bradley Seaman, Chairman of the CPI Card Group
Board of Directors. “Marc’s extensive banking, credit and payments
experience will be valuable to our Board as the Company continues
to enhance its position in the market.”
Since 2017, Mr. Sheinbaum has been an advisor to venture capital
and private equity firms. Sheinbaum previously held senior
positions at JP Morgan Chase, GE Capital, and American Express.
Additionally, he served for two years as Chief Executive Officer of
Higher One Holdings, Inc., a payments technology provider for
higher education.
“CPI Card Group has developed a strong strategic plan, which it
has executed well over the last several years and is well
positioned to capture opportunities in the market,” said Sheinbaum.
“I am honored to join CPI Card Group’s Board and work towards
building upon these successes.”
About CPI Card Group Inc.
CPI Card Group® is a payment technology company and leading
provider of credit, debit and prepaid solutions delivered
physically, digitally and on-demand. CPI helps our customers foster
connections and build their brands through innovative and reliable
solutions, including financial payment cards, personalization and
fulfillment, and Software-as-a-Service (SaaS) instant issuance. CPI
has more than 20 years of experience in the payments market and is
a trusted partner to financial institutions and payments services
providers. Serving customers from locations throughout the United
States, CPI has a large network of high security facilities, each
of which is registered as PCI compliant by one or more of the
payment brands: Visa, Mastercard®, American Express and Discover®.
Learn more at www.cpicardgroup.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20191118005825/en/
CPI Card Group Inc. Investor Relations: Jennifer Almquist (877)
369-9016 InvestorRelations@cpicardgroup.com
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