Dive Brief:
- The payments processing and software company Global Payments announced on Tuesday that it has promoted a long-time executive to serve as president and chief operating officer.
- Bob Cortopassi, who joined Global Payments in 2012, has been elevated to his new role effective immediately, the company said in a press release.
- Cortopassi served most recently as president of international and vertical markets, according to a biography on the Global Payments website.
Dive Insight:
Global Payments is based in Atlanta and offers payment technology and services to merchants, employers and other types of businesses, some of which issue credit and debit cards.
Cortopassi joined the company when it acquired Accelerated Payment Technologies, according to his online biography. The purchase of that payments technology provider took place in 2012.
Before his promotion, he led the Global Payments portfolio of vertical market software businesses and international merchant acquiring, among other things. Prior to that role, he was responsible for the Global Payments integrated ISV partner channel business, the online biography says.
Cortopassi has worked in the payments industry for nearly three decades.
“Bob’s extensive experience and proven track record in driving growth will be invaluable as we continue to advance our strategy focused on being the worldwide partner of choice for commerce solutions,” Global Payments CEO Cameron Bready said in Tuesday’s release.
Bready previously held the president and COO roles before he became CEO last year, taking over from Jeff Sloan, who stepped down from the top role.
