The Board of Directors of VeriFone Systems has announced that the current CEO, Douglas G. Bergeron, is stepping down from his role, as well as from his position as a member of the Board of Directors. The company’s chairman, Richard McGinn has been named as Interim CEO and Leslie Denend has been named Interim Chairman.
The Board also announced that it formed a search committee to evaluate candidates to serve as the Company’s CEO and will be engaging a leading executive search firm to assist in the process. The search committee will be headed by Alex W. (Pete) Hart, who has served as a VeriFone director since 2006.
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