Priority Technology Holdings, Inc. Announces Executive Changes
February 08, 2019 at 04:06 pm EST
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On February 5, 2019, Priority Technology Holdings, Inc. and Bruce E. Mattox, the Company's Chief Accounting Officer, mutually agreed to terminate Mr. Mattox's employment with the company effective as of February 28, 2019. Following Mr. Mattox's departure, the Company's Chief Financial Officer, Michael Vollkommer, will serve as the Company's principal financial and accounting officer.
Priority Technology Holdings, Inc. is a solution provider in payments and banking as a service (BaaS) industry, operating at a scale with 860,000 active customers across its small and medium-sized businesses (SMB), business-to-business and enterprise customer channels. The Company has three segments. SMB Acquiring Solutions segment provides full-service acquiring and payment-enabled solutions for business-to-consumer transactions, leveraging its proprietary software platform, distributed through independent sales organizations (ISO), direct sales and vertically focused independent software vendor (ISV) channels. B2B Payables segment provides accounts payable (AP) automation solutions to corporations, software partners and industry financial institutions (FI), including Citibank and Mastercard. Enterprise Payments and BaaS segment provides embedded finance and BaaS solutions for customers to modernize legacy platforms and accelerate software partners' strategies to monetize payments.
PRIORITY TECHNOLOGY HOLDINGS, INC. 
