MALVERN, Pa.--(BUSINESS WIRE)--Jan. 28, 2019--
USA Technologies, Inc. (NASDAQ:USAT) (the “Company”), a premier digital
payment, consumer engagement and logistics service provider for the
self-service retail market, today announced that Glen Goold has been
appointed interim Chief Financial Officer, effective January 24, 2019.
Mr. Goold has served as a consultant to USA Technologies since October
2018.
Mr. Goold has more than two decades of experience in finance and
accounting, including serving as Chief Financial Officer at Sutron
Corporation from 2014 to 2018, where he led accounting, financial
reporting, investor relations, and regulatory compliance
responsibilities of the company. Sutron Corporation had been a public
company (Nasdaq:STRN) prior to its acquisition by Danaher Corporation
(NYSE:DHR) in July 2015. Mr. Goold had previously served as the
assistant Chief Financial Officer and Director of Finance, and then as
interim Chief Financial Officer for Sutron Corporation. Prior to that,
he spent seven years at The Carlyle Group, a private equity firm, where
he served as Associate Vice President of Fund Management. In this role,
Mr. Goold was responsible for the financial management, daily
operations, investor relations and administrative functions of three of
the firm’s investment funds. He was with the accounting firm of Ernst &
Young LLP earlier in his career.
“We are delighted that Glen is stepping into this role at USA
Technologies,” said Stephen P. Herbert, Chief Executive Officer, USA
Technologies. “Glen brings a strong finance background, and deep
business management expertise, giving us great confidence in his ability
to contribute to USA Technologies as interim CFO.”
USA Technologies will be conducting a search process to identify a
permanent Chief Financial Officer. Mr. Goold will be considered as part
of that process, together with internal and external candidates. Former
Chief Financial Officer, Priyanka Singh, stepped down, effective January
7, 2019.
About USA Technologies, Inc.
USA Technologies, Inc. is a premier payment technology service provider
of integrated cashless and mobile transactions in the self-service
retail market. The company also provides a broad line of cashless
acceptance technologies including its NFC-ready ePort® G-series, ePort
Mobile® for customers on the go, ePort® Interactive, and QuickConnect,
an API Web service for developers. Through its acquisition of Cantaloupe
Systems, Inc. ("Cantaloupe"), the company also offers logistics, dynamic
route scheduling, automated pre-kitting, responsive merchandising,
inventory management, warehouse and accounting management solutions.
Cantaloupe is a premier provider of cloud and mobile solutions for
vending, micro markets, and office coffee services.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190128005207/en/
Source: USA Technologies, Inc.
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