Corcentric has named President and Chief Operating Officer Matt Clark to the company’s top job. Clark, who has been with the procurement and finance solutions firm for 19 years, was appointed CEO Tuesday (July 11), taking over for his father, outgoing CEO Doug Clark, according to a press release....
J.P. Morgan has added former SVB Capital President John China to its Innovation Economy (IE) business. China will serve alongside Melissa Smith as co-head of IE for Commercial Banking (CB), J.P. Morgan said in a Tuesday (July 11) press release emailed to PYMNTS. Smith is continuing her dual role as co-head of IE and...
Uber Chief Financial Officer Nelson Chai is reportedly planning to leave the firm after five years. Chai told the company’s CEO, Dara Khosrowshahi, that he intends to move on, but an effective date has not been chosen, Bloomberg reported Monday (July 10), citing unnamed sources. Uber did not immediately reply...
Payoneer Global plans to reduce its total headcount by 9%. The FinTech company — which has 2,000 employees worldwide, according to its website — expects to complete the layoffs by the end of the third quarter, Payoneer said in a Monday (July 10) filing with the Securities and Exchange Commission...
Cross-border payments company PingPong has named David Messenger to the new position of global CEO. Messenger, a veteran of companies like American Express and LianLian, will be responsible for PingPong’s push to build payment solutions for businesses expanding internationally, the firm said in a Monday (July 10)...
Aptos has appointed Kristjan Johannsson as general manager for its standalone business unit LS Retail. Johannsson has been with LS Retail since 2016, most recently serving as chief commercial officer, Aptos said in a Wednesday (June 28) press release. “With his more than 30 years of experience in the...
After a decade with the company, American Express Chief Financial Officer Jeffrey Campbell is set to retire. The company announced Campbell’s departure in a Tuesday (June 27) press release, saying he would be succeeded by Deputy CFO Christophe Le Caillec. Campbell will step down Aug. 14 and remain with American Express as...
NCR has taken the next step in spinning off its ATM business. The firm has filed the Form 10 registration statement with the Securities and Exchange Commission (SEC) for the planned spin-off, NCR said in a Monday (June 26) press release. The filing is part of the company’s plan to separate...
Accounting firm KPMG is letting go 5% of its American workforce. The cuts at KPMG — one of the “Big Four” consultants — will take place through the summer, a company spokesperson told PYMNTS Monday (June 26). The spokesperson also shared a statement from KPMG U.S. CEO Paul...