Summary
Global Payments Inc. (GPN) announced on January 7, 2014, the appointment of its President and Chief Executive Officer, Jeffrey S. Sloan, to the company's board of directors. Mr. Sloan will serve as a Class I director, with his term extending until the 2014 Annual Meeting of Shareholders. This appointment aligns the leadership of the company's operational strategy with its board oversight. Mr. Sloan's extensive experience, including his previous role as President and his prior position as worldwide head of the Financial Technology Group at Goldman, Sachs & Co., provides a valuable perspective to the board. Notably, he will not receive any additional compensation for his board service, and he has not been assigned to any board committees at this time. This move reflects a strategic integration of executive leadership and board-level governance.
Key Highlights
- 1Jeffrey S. Sloan, President and CEO, appointed to the Board of Directors.
- 2Mr. Sloan will serve as a Class I director.
- 3His term as a director will continue until the 2014 Annual Meeting of Shareholders.
- 4No additional compensation will be provided to Mr. Sloan for his board service.
- 5Mr. Sloan has not been appointed to any board committees.
- 6Mr. Sloan joined GPN in 2010 and previously served as President.
- 7Prior to GPN, Mr. Sloan was a partner and worldwide head of the Financial Technology Group at Goldman, Sachs & Co.