GTCR announced the appointment of Jeffrey Hack as Chief Executive Officer and member of the Board of Directors of Paya (formerly known as Sage Payment Solutions). Most recently, Mr. Hack was an Executive Vice President and Management Committee Member at First Data Corporation (First Data). Mr. Hack was an integral part of the leadership team that transformed First Data, leading to a successful IPO.

During his tenure, he held various leadership roles at the firm, including serving as COO of Global Business Solutions, First Data's division. At First Data, Mr. Hack led the commercialization of integrated payments and software solutions to SMB clients, resulting in increased sales and retention. Mr. Hack has spent his entire career within the financial services industry, holding senior positions at Morgan Stanley Smith Barney, JP Morgan Chase & Company, and McKinsey.