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fter significant defections in its senior management team, TeleCheck announced a major change: Charles D. Drucker is its new President and CEO.
TeleCheck, subsidiary of Greenwood Village, Colo.-based processor First Data Corp., has lost a number of senior managers this year, including James Lerdal, now the new CEO of International Check Services (ICS), and is on the move to fill the management void. ICS is a GTCR-backed roll-up company.
Drucker had been a senior vice president with Wells Fargo Bank, where he managed the merchant portfolio. Drucker is a member of the acquirer's committees at both MasterCard International and Visa USA.
