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IndustryUpdate
ACQUISITIONS Lerner, Mengarelli join Autoscribe
Autoscribe Corp., provider of PaymentVision and Lyons
First Data, CardConnect acquisition finalized Commercial Data, released key changes to its senior
leadership team with the appointment of Jamie Lerner
First Data Corp. and CardConnect completed First as Chief of Staff and Rob Mengarelli as PaymentVision
Data's tender offer to purchase the outstanding shares Vice President of Sales. Lerner will provide human
of CardConnect common stock for $15 per share in cash. resources and operational support to increase efficiency
First Data subsequently completed the acquisition of the within the organization. Mengarelli will lead the sales
remaining CardConnect shares of common stock not organization, guide market penetration and cultivate
acquired in the tender offer through a merger, making key client relationships.
CardConnect a wholly-owned subsidiary of First Data.
CardConnect shares will no longer be traded on the Lovegrove, Sherman hired by Brightpearl
Nasdaq market.
Roger Lovegrove joined Brightpearl as Chief Financial
APPOINTMENTS Officer, and Michael Sherman was named Director of
Sales, Brightpearl U.S. Lovegrove will work alongside
Brightpearl CEO Derek O'Carroll and the management
Cheung appointed by Spire team to help drive Brightpearl's continued growth.
Sherman is responsible for the company's business
Spire Payments Holdings S.a.r.l. tapped T.K. Cheung development at its expanded U.S. headquarters.
as its new President to spearhead expansion into North
America, Latin America and Southeast Asia. "Having Nestor, Kernin to grow eProcessingNetwork
been part of the payments ecosystem for over three
decades, it is truly a privilege to head up a business Todd Nestor was promoted to Vice President, Business
renowned for delivering exceptional levels of service Development at eProcessingNetwork LLC, a firm that
and being recognized as a market-leading innovator in specializes in secure real-time transaction processing
the fintech ecosystem," Cheung said. services and support through its secure payment gate-
way. In his place, Emily Kernin joined the team as
Davis to lead Spindle sales team Director of Eastern Region Partner Development.
Spindle Inc. named Rick Davis as Senior Vice President Theis promoted at BNG
of Sales and Business Development. Davis is a senior
sales executive with more than 15 years of experience BNG Team, a business solutions and payment pro-
in sales, recruiting and training. He has a track record vider, promoted Ryan Theis to the role of Chief Strategy
of exceeding sales quotas, growing sales channels, Officer, spanning all four BNG divisions. Prior to his
and hiring and training hundreds of sales executives new role, Theis founded and grew BNG Design, one of
and independent agents within the U.S. market. Davis the four divisions at BNG. In his previous role at BNG,
most recently served as Senior Director of Sales North Theis was involved in research and development, as
America for Zooz Inc. well as business development. He will now be tasked
with overseeing growth strategies,
driving decision making on busi-
ness process improvements and
integrating process strategies.
Shore, Gallagher named
to Transpay team
Transpay expanded its leader-
ship team with the appointment
of Peter Shore to General Manager
and Kevin Gallagher to Senior Vice
President, Global Sales. Shore will
lead the strategic planning and exe-
cution of Transpay's global pay-
ments programs and solutions.
Gallagher will lead Transpay's busi-
ness development strategies global-
ly, with a focus on strategic custom-
er accounts and partner relationship
growth.
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