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INGENICO GROUP: Ingenico Group announces new appointments to its Executive Committee

Paris, France, Jan. 15, 2015 (GLOBE NEWSWIRE) --

Ingenico Group announces new appointments to its Executive Committee

  • Creation of a new global e-payments business unit
  • Creation of a global technology and platform organization
  • Greater geographical focus with 4 regions: Europe & Africa ; Asia Pacific & Middle East ; Latin America ; North America
  • Creation of Ingenico Labs to drive group innovation forward
  • Patrice Durand, who is to retire as EVP Finance & Operations after the FY14 earnings release, will be replaced by Pierre-Antoine Vacheron, EVP Strategy, Performance & Finance

Ingenico Group, (Euronext: FR0000125346 - ING), global leader in seamless payment, today announces new appointments1 to its executive committee to reflect the evolution of its business scope and the retirement of Patrice Durand.

With the acquisition of GlobalCollect (finalized on September 30 2014), Ingenico Group has accelerated the implementation of its strategy across all channels, on a global scale, especially in e-payments thanks to strong complementarities with Ogone.

"I'm pleased to announce these appointments to our executive committee as they reflect the evolution of our strategic positioning towards a global leader in seamless payment" said Philippe Lazare, President and CEO. "I would like to thank Patrice Durand for his important contribution over the past few years. He played a key role in building a financial structure to support the group's development. I have every confidence that Pierre-Antoine Vacheron, who already has an extensive experience within the company, will further contribute to the transformation of Ingenico Group's profile."

Stephen Büchner is appointed EVP e-payments to manage and develop group e-payment activity globally, combining GlobalCollect and Ogone. Prior to this, Stephen was GlobalCollect's Chief Credit & Risk Officer.

Rick Centeno is appointed EVP Technology & Platforms to manage all Ingenico Payment Services platforms now gathered under a unique responsibility (AXIS, easycash, Ogone, GlobalCollect). This organization aims to support the implementation of the e-payment business strategy as well as the group region heads in developing, delivering and maintaining a consistent portfolio of state of the art platforms across the group. Rick was previously GlobalCollect's Chief Technology Officer.

Jacques Behr is appointed EVP Europe and Africa. This newly created region combines the former SEPA and EMEA regions, excluding Turkey, Middle East and Japan that are now under the responsibility of Patrice Le Marre, EVP Asia Pacific and Middle East. Thierry Denis and Oscar Bello remain EVP North America and Latin America, respectively.

Jacques Guerin is appointed EVP Smart Terminals & Mobile Solutions, overseeing all in-store and mobile solutions from design to delivery to the local sales teams. Jacques will also supervise the deployment of Telium Tetra and enrich the Marketplace with new business relevant apps.

Michel Léger is appointed EVP Innovation to manage Ingenico labs to cover advanced R&D, next generation offering and global accounts and partnerships. The creation of Ingenico Labs aims at driving group innovation forward.

Patrice Durand will retire from his current functions after the full year 2014 earnings release but will remain committed to the group's business development as senior advisor to Philippe Lazare. As part of his new role, Patrice will continue to sit on GlobalCollect board of directors.

Succeeding to Patrice Durand, Pierre-Antoine Vacheron is appointed EVP Strategy, Performance & Finance, covering Strategy, M&A, Quality, IT, Legal and Finance. He will be supported by Nathalie Lomon, appointed EVP Finance, and Kesh Talwar appointed EVP Payment Strategy, covering primarily relationships and partnerships with merchant acquirers and schemes. Prior to this, Kesh was GlobalCollect's Chief Payment Officer.

Finally, Chloé Mayenobe is EVP Governance & Risks, extending her scope with security issues, and Martine Birot remains EVP Human Resources and Internal Communication.

About Ingenico Group

Ingenico Group (Euronext: FR0000125346 - ING) is the global leader in seamless payment, providing smart, trusted and secure solutions to empower commerce across all channels, in-store, online and mobile. With the world's largest payment acceptance network, we deliver secure payment solutions with a local, national and international scope. We are the trusted world-class partner for financial institutions and retailers, from small merchants to several of the world's best known global brands. Our solutions enable merchants to simplify payment and deliver their brand promise.
Learn more at www.ingenico.com twitter.com/ingenico

Contacts / Ingenico Group

Investors & Communication
Catherine Blanchet
VP IR & Corporate Communication
catherine.blanchet@ingenico.com
(T) / +33 1 58 01 85 68
Communication
Coba Taillefer
External Communication Manager
coba.taillefer@ingenico.com
(T) / +33 1 58 01 89 62
Investors
Caroline Alamy
Investor Relations
caroline.alamy@ingenico.com
(T) / +33 1 58 01 85 09

1 Pending completion of regulatory processes with work councils.

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Source: INGENICO