Deluxe (NYSE: DLX) has recently appointed Angela L. Brown to its Board of Directors, where she will serve on the Audit and Finance Committee and the Corporate Governance Committee. Brown brings a wealth of experience to Deluxe, particularly in the merchant services space, having served as the President and CEO of Moneris Solutions Corporation, a Canadian merchant services company specializing in payment processing, until May 2023.
Deluxe's acquisition of First American Payments Systems in 2021, now known as Deluxe Merchant Services, has propelled the company into a major player in the merchant space, expanding its already impressive footprint in digital payments and acceptance. This development reflects the company's ongoing efforts to expand its offerings and reach in the payments industry.
Since 2016, Brown has served as a non-executive director of Altus Group, where she chairs the Human Resources and Compensation Committee. She also recently completed her term as chair of TechNation, a non-profit association of major technology firms operating in Canada, championing the digital economy and evolution.
Deluxe, a trusted Payments and Data company, supports millions of small businesses, thousands of vital financial institutions, and hundreds of the world’s largest consumer brands, while processing more than $2 trillion in annual payment volume. This highlights the company's powerful scale and its position as a trusted business partner for its customers.
The addition of Angela L. Brown to the Board of Directors reaffirms Deluxe's commitment to leveraging experience and expertise to drive growth and evolution in the payments industry. Following these announcements, the company's shares moved 3.4%, and are now trading at a price of $19.93. If you want to know more, read the company's complete 8-K report here.
