Dive Brief:
- Payment processor Shift4 said Monday that it has promoted two executives from Global Blue, the European tech company it acquired last year, into leadership positions. Members of Global Blue's leadership team will now serve as president of Shift4’s international division and as the company’s chief accounting officer.
- Pier Francesco Nervini is the new president of Shift4’s international division while Filippos Mintiloglitis is chief accounting officer, Shift4 said in a Monday news release.
- The Allentown, Pennsylvania-based company also promoted Timothy Goodwin, naming him as chief payments officer — a newly created position.
Dive Insight:
Shift4 bought the Swiss payments technology company Global Blue in July for $1.5 billion.
Nervini joined Global Blue in 2014 and most recently served as head of accounts and head of commercial for Northern Europe. In his new role, Nervini “will be responsible for all commercial and go-to-market efforts outside of the Americas," Monday's news release said.
Nervini replaces Jacques Stern, a Shift4 spokesperson said in an email. Stern is Global Blue’s former chief executive. The spokesperson did not immediately say if Stern left the company or moved to a different role.
As chief payments officer, Goodwin, "is now responsible for all payment technology including the company’s gateway and processing platforms globally," the release said.
Shift4 hired Goodwin — who has worked in the payments industry for two decades — as a senior vice president of product last year. Before joining the company, he most recently worked as chief product and technology officer for Planet Payments.
Mintiloglitis was head of global external reporting for Global Blue, and he replaces Jay Whalen, who is leaving Shift4 to join a non-competitive company, Monday’s release said.
“We are happy to congratulate Pier and Tim on their new roles and thank Jay for the strong foundation he has built within our finance organization,” Shift4 CEO Taylor Lauber said in the release.
