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USA Technologies Names Sean Feeney as Chief Executive Officer
MALVERN, Pa.--(BUSINESS WIRE)-- USA Technologies, Inc. (OTC:USAT) (“USAT” or the “Company”), a cashless payments and software services company that provides
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[{"type":"text","content":" MALVERN, Pa.--(BUSINESS WIRE)--\nUSA Technologies, Inc. (OTC:USAT) (“USAT” or the “Company”), a cashless payments and software services company that provides end-to-end technology solutions for the self-service retail market, today announced that its board of directors has named Sean Feeney as chief executive officer (CEO), effective May 8, 2020.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200511005304/en/USA Technologies New CEO, Sean Feeney (Photo: Business Wire)\n\n“USA Technologies is on the threshold of a great new chapter, as we look to set the company on the right path to growth and success,” said Douglas Bergeron, Chairman of USAT. “Sean joins as CEO after an extensive search, involving a wide range of outstanding candidates. He is a proven business leader with a deep background in both technology and financial services. Sean has demonstrated success in building great companies, assembling world class management teams, and reinvigorating culture, while delivering a strong record of metrics-driven performance. His focus on accountability and profitable growth makes him the right choice to lead USAT into the future.”\n\n\nFeeney served as CEO of GT Nexus, a cloud supply chain platform owned by Warburg Pincus, Primera Capital and Aaron Sasson. During his four-year tenure, Feeney tripled the company’s revenue and oversaw its sale to Infor in 2015. Most recently Feeney was CEO of DefenseStorm, Inc., a cybersecurity management platform providing cloud-based and compliance-automated solutions to financial institutions. Previous to that, he was as an operating partner at Golden Gate Capital (GGC), a San Francisco-based private equity firm. While there he advised on software-focused acquisitions, and also stepped in as Interim CEO for Critigen, a GGC portfolio company providing GPS consulting and data management IT services. He was also CEO at Inovis until its sale to GXS in 2010 (OpenText), and earlier in his career held senior management positions at CheckFree, which was acquired by Fiserv for $4.4bn in 2007.\n\n\n“I am honored and enthusiastic to lead USAT through its next evolution,” said Sean Feeney. “I look forward to working with all the company’s talent and creating a culture that attracts top talent. There are countless ways that we can build a world clas...