USA Technologies Appoints Priyanka Singh as Chief Financial Officer
March 28 2017 - 06:00AM
Business Wire
Finance Veteran Brings Payments Experience to
the Position
USA Technologies, Inc. (NASDAQ:USAT) ("USAT"), a payment
technology provider of cashless and mobile transactions in
self-serve retail, today announced that Priyanka Singh has been
appointed as the company’s new Chief Financial Officer, effective
March 31, 2017. She replaces interim CFO, Leland P. Maxwell, who
will continue with USAT in a senior finance role.
Ms. Singh brings over 15 years of finance and accounting
experience to the position, including five years in the payments
industry. She joins the company from Global Payments Inc., a
leading worldwide provider of payment technology solutions.
Following the acquisition by Global Payments of Heartland Payment
Systems in 2016, Ms. Singh was Vice President, Product Strategy and
Innovation and Division CFO for Heartland Commerce, which focuses
on point of sale solutions. Prior to the acquisition, she spent
five years at Heartland Payment Systems, most recently as the
Divisional CFO of the Heartland Commerce units and prior thereto as
Vice President, Financial Planning and Analysis. Previous to that,
she spent several years with General Electric in various leadership
roles at both GE Capital and GE Healthcare, focusing on financial
planning and analysis, accounting, controllership, internal
auditing and SOX compliance. Ms. Singh is a Certified Public
Accountant and a member of the AICPA.
“I am delighted to welcome Priyanka Singh as USA Technologies’
new CFO,” said Stephen P. Herbert, Chairman and Chief Executive
Officer, USA Technologies. “She has an impressive background in
payments, which complements our business as well as our long-term
objectives. Priyanka brings with her a wealth of experience that I
am sure will serve us well, as our operations continue to grow. I
would also like to thank Leland Maxwell for his dedicated service
as our interim CFO and am delighted that he will continue with USAT
as Senior Vice President of Finance.”
“I am thrilled to join the USA Technologies team, and look
forward to helping bring further financial and operational
efficiencies to the business,” said Ms. Singh. “This is an exciting
time for the industry, and USAT’s market leading solution
positions the company well to continue building on the growth
and shareholder value that it has delivered over the last several
years."
About USA Technologies:
USA Technologies, Inc. is a premier payment technology service
provider of integrated cashless and mobile transactions in the
self-service retail market. The company also provides a broad line
of cashless acceptance technologies including its NFC-ready ePort®
G-series, ePort Mobile™ for customers on the go, ePort®
Interactive, and QuickConnect, an API Web service for
developers. USA Technologies has 77 United States and foreign
patents in force; and has agreements with Verizon, Visa, Chase
Paymentech and customers such as Compass, AMI Entertainment and
others. For more information, please visit the website at
www.usatech.com.
--F-USAT
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version on businesswire.com: http://www.businesswire.com/news/home/20170328005335/en/
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