Business
Cantaloupe, Inc. Announces Executive Leadership Changes
Ravi Venkatesan Appointed Chief Executive Officer Sean Feeney to Retire Gaurav Singal Appointed Chief Technology Officer MALVERN, Pa.--(BUSINESS WIRE)--
About this update from Cantaloupe, Inc.
[{"type":"text","content":"\nRavi Venkatesan Appointed Chief Executive Officer\n\nSean Feeney to Retire\n\nGaurav Singal Appointed Chief Technology Officer\n\n MALVERN, Pa.--(BUSINESS WIRE)--\nCantaloupe, Inc. (Nasdaq: CTLP) (“Cantaloupe” or the “Company”), a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, today announced the appointment of Ravi Venkatesan as chief executive officer, effective October 1, 2022. Venkatesan, who currently serves as Cantaloupe’s COO, will succeed Sean Feeney, who will retire from Cantaloupe as of September 30, 2022. Feeney will step down from the Board of Directors and Venkatesan will join the Board of Directors, effective October 1, 2022.\n\n“On behalf of the Board of Directors, I would like to congratulate Ravi on this appointment. During his time as COO, Ravi has launched compelling new product offerings and proven that he is the right person with the vision to lead Cantaloupe as we expand internationally and into adjacent markets,” said Douglas Bergeron, chairman of Cantaloupe. “The Board and I are pleased with the work Sean has done to build a sound financial foundation that has delivered growth and profitability, restored customer confidence and given us a stronger competitive position in the industry. We thank him for leading the Company through our transformation and wish him well in retirement.”\n\n“My two years leading Cantaloupe have been rewarding, as we have strengthened our operations, grown our customer base and set trends with cashless and contactless payments. We also built a talented management team that will take the Company into its next phase of growth. Cantaloupe has an exciting future and Ravi will serve the Company well,” said Feeney.\n\nRavi Venkatesan was named chief operating officer of Cantaloupe in February 2022 after serving as the chief technology officer since December 2020. As COO, he has been responsible for driving business strategy, product innovation and the overall customer experience. A proven leader, Venkatesan brings more than 20 years of experience driving technology and business innovation. Previously, he was head of innovation at Bakkt and chief product officer at Bridge2 Solutions, preceding its sale to ICE. Earlier in his career he spent time as a consultant leader with Accenture. Venkatesan graduated f...