CPI Card Group Inc. Announces Leadership Transition; Amintore Schenkel Appointed CFO
October 05 2021 - 8:45AM
Business Wire
CPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or the “Company”) a
payment technology company and leading provider of credit, debit
and prepaid solutions, today announced that Amintore Schenkel has
joined the Company as Chief Financial Officer. Prior to leading his
own consulting business, Schenkel served as Senior Vice President,
Chief Accounting Officer and Controller of Western Union from 2006
to 2020. He also held a variety of financial roles at First Data
Corporation from 2001 to 2006 and was with Ernst & Young for 12
years. He holds Bachelor of Science in Accounting and Master of
Accountancy degrees from the University of Denver and is a
Certified Public Accountant in the State of Colorado.
CPI’s former CFO, John Lowe, has been promoted to SVP and
General Manager of CPI’s Secure Card business. Lowe joined the CPI
management team as CFO in 2018. Lane R. Dubin will continue as SVP
and General Manager of Prepaid, Personalization Solutions, and
Instant Issuance.
Dubin, Lowe and Schenkel will each report to President and CEO
Scott Scheirman.
“We are pleased to add Amintore to our management team, as he
brings a wealth of business and financial knowledge, executive
experience and a strong track record of achievement,” said Scott
Scheirman, President and Chief Executive Officer of CPI. “Our
customers, employees and stakeholders are in excellent hands under
the leadership of John and Lane, who have contributed greatly to
the significant strengthening of the Company in recent years,
highlighted by sales and market share growth and improved
profitability.”
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
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.
For more information:
CPI encourages investors to use its investor relations website
(http://investor.cpicardgroup.com) as a way of easily finding
information about the Company. CPI promptly makes available on this
website, free of charge, the reports that the Company files or
furnishes with the SEC, corporate governance information and press
releases.
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CPI Card Group Inc. Investor Relations: (877) 369-9016
InvestorRelations@cpicardgroup.com
CPI Card Group Inc. Media Relations:
Media@cpicardgroup.com
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