First Data Appoints Ed Labry Interim CEO

What's Next In Payments®
6:29 AM EDT January 29th, 2013

First Data Corporation has announced that Ed Labry will serve as its interim CEO while it continues its selection process for a fulltime hire.

Labry, who will transition from his role as president of North American business, replaces Jon Judge, who announced his retirement on January 11, 2013 due to health issues.

“Ed Labry has spent almost 30 years of his career in the payments industry and most of that time at First Data or one of its subsidiaries, Concord EFS. He is a natural fit for us as interim CEO and will do an excellent job to ensure that the company remains focused on driving its 2013 objectives,” said Board Chairman Joe Forehand.

Read the full story here.

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