B2B Payments

Global Payments Announces Executive Reorganization

Global Payments has named David E. Mangum President and Chief Operating Officer.

Mangum joined Global Payments in 2008 and has been serving in the role of SEVP and Chief Financial Officer. He will now oversee the company’s U.S., Canadian and Latin American businesses along with worldwide operations, risk management and product strategy. Jeffrey S. Sloan, Chief Executive Officer, of Global Payments will continue to be his supervisor.

“This promotion reflects David’s demonstrated leadership role, driving execution and consistency in performance that we have exhibited this fiscal year,” said Sloan. “As we complete the transition of leadership at Global Payments, David’s contributions to improving and controlling distribution, building a solid technology foundation, driving efficiencies, delivering revenue generating products and leveraging existing relationships around the globe will enable our strategy for continued growth.”

Replacing Mangum as CFO is Cameron Bready  effective June 30 – Mangum’s last day. Bready will be responsible for all of the company’s global financial operations, including finance, treasury, accounting and tax.

“I am also delighted to welcome Cameron Bready as our new CFO. Cameron brings 20 years of financial and accounting experience to Global Payments, along with a keen knowledge of international business strategy. We are confident his extensive background in high performing sectors will be a strong addition to our executive management team and expect him to contribute to the next phase of growth at Global Payments, ” Sloan went on to note.

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