Deluxe Names Scott Bomar Chief Financial Officer
June 02 2021 - 8:30AM
Business Wire
Deluxe (NYSE: DLX), a Trusted Payments and Business Technology™
company, today named Scott Bomar Senior Vice President and Chief
Financial Officer (CFO). Bomar officially joins the company on June
14.
Bomar joins Deluxe from the Home Depot, Inc., where he held
senior executive finance and operating leadership roles of
increasing responsibility for 15 years. Most recently, he served as
Senior Vice President Home Services, a $5 Billion business unit
with a team of approximately 5,000 team members. Previously, he
served as Vice President, Payments and Treasurer, with
responsibility for the company’s then $25 Billion debt portfolio,
$5 Billion share repurchase program and $2 Billion commercial paper
program as well as the company’s credit card acceptance strategy
and private label credit card program. In a previous assignment he
led the company’s corporate financial planning and analysis
function and served as President of the China Retail division.
“Scott’s impressive finance and operating background with deeply
relevant payments experience will help us accelerate our
transformation in payments, data and business technology,” said
Barry C. McCarthy, President and CEO of Deluxe. “With Scott’s
leadership and background, we will be even better positioned to
help businesses pay, get paid, optimize and grow their business.
Scott brings the skills and financial discipline he developed at
one of the country’s most highly regarded `financial academy’
companies to help Deluxe succeed.”
Deluxe began a national search in March to replace CFO Keith
Bush, who announced his intention to depart the company later this
year.
“Scott’s background in a company known for developing stellar
financial talent, make him the right fit for our One Deluxe
strategy,” said Jane Elliott, Chief Communications and Human
Resources Officer for Deluxe. “Having responsibility for one of the
largest private label credit card portfolios in the country, and
credit card acceptance at a Fortune 50 company, Scott will bring
valuable experience to our entire business portfolio, particularly
to our Payments business, which grew double digits in 2020.”
Bomar will be based in the company’s Atlanta office. Bomar
started his career at SEI Investments Company and Deloitte
Consulting. He is an engineering graduate of the Georgia Institute
of Technology and earned an MBA from Duke University.
About Deluxe Corporation
Deluxe, a Trusted Payments and Business Technology™ company,
helps businesses pay, get paid, optimize and grow. For more than
100 years, Deluxe has championed businesses so communities thrive
at all stages of their lifecycle, from start-up to maturity. Our
powerful solutions support millions of small businesses, thousands
of financial institutions and hundreds of the world’s most valuable
brands. The company operates at significant scale, processing more
than $2.8 trillion in annual payment volume. To learn how we can
help your business, visit us at www.deluxe.com,
www.facebook.com/deluxecorp, www.linkedin.com/company/deluxe, or
www.twitter.com/deluxe.
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version on businesswire.com: https://www.businesswire.com/news/home/20210602005339/en/
Tom Morabito, VP Investor Relations 470-607-5567
Tom.Morabito@Deluxe.com
Cam Potts, VP, Corp. Communications 651-233-7735
Cameron.Potts@Deluxe.com
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