Mercury Payment Systems Appoints New CFO, CIO

Integrated payment processor, Mercury Payment Systems, announces two new senior executives. Karsten Voermann, chief financial officer (CFO), and Brian Sadowski, chief information officer (CIO), have been brought on board to support the company's continued growth.

"With the addition of our new CFO and CIO, Mercury is strategically positioned to grow exponentially in the coming years," said Matt Taylor, CEO, Mercury Payment Systems. "Karsten and Brian add substantial leadership depth to the team and I'm thrilled to leverage their collective experience as we continue to lead the integrated payments market. Their commitment to Mercury's core values and proven ability as innovators will benefit our partners as they help guide future investments for Mercury."

New CFO, Voermann, has comprehensive experience in finance, strategic consulting, and business development. Prior to Mercury, he led finance and operations at ContentGuard, Inc. and CPA2Biz, Inc. Voermann also held financial, corporate development, and strategy-focused positions at Microsoft Inc., Bain & Company and McKinsey and Company. Voermann holds a bachelor of arts degree from the University of Western Ontario and an MBA from the Harvard Business School. He is also a CPA.

New CIO, Sadowski, has 23 years experience working in information technology. His focus is positioning Mercury's technology as a competitive advantage and helping Mercury achieve its business goals by defining IT strategy and plans, implementing initiatives, and leading technology development and operations. He will use his command of enterprise architecture design and planning to ensure Mercury's technology is secure, scalable, and reliable. Prior to Mercury, he was the Chief Technology Officer with Xerox/ACS and TSYS Acquiring Solutions. Sadowski graduated from the University of Maryland with a Bachelor of Science degree in management information systems.

About Mercury Payment Systems
Mercury Payment Systems is one of the fastest-growing payment processing companies in North America. Mercury partners with point-of-sale (POS) developers and resellers in a unique business model to provide merchants with integrated payment solutions. Their processing platform is integrated and available for free in hundreds of POS systems. Mercury's award-winning products and services are distributed solely through the company's business partners. For more information, visit www.MercuryPay.com.

SOURCE: Mercury Payment Systems