- New CEO Appointment:
- Kurt Adams named CEO of IPC, succeeding Bob Santella after his six-year tenure.
- Adams brings over 25 years of fintech leadership experience, including roles as CEO of Optum Financial and CEO of corporate payments for Fleetcor Technologies.
- Previous Roles:
- Adams has held leadership positions at Elavon Financial Services, ABN Amro, Piper Sandler, and US Bank.
- New Board Appointments:
- Stuart Harvey, former CEO of Elavon Global Acquiring, appointed chairman of IPC’s board of directors.
- Michael Chin, CEO of Duco, appointed as IPC board member.
- Ownership Change:
- Leadership changes follow Strategic Value Partners (SVP) taking full control of IPC four months ago.
- Comments on Transition:
- Jonathan Waggoner, managing director at SVP, notes the timing is right for the transition to Adams, who is seen as well-suited to lead IPC’s next growth phase.
