Shift4 Payments CEO Nominated to Lead NASA

By Bobby Samwell • Thursday, December 05 12:18 • Permanent Link

Shift4, the payment technology company, has recently announced that its CEO, Jared Isaacman, has been nominated to lead NASA after nearly 26 years at the helm of the company. During his tenure, Shift4's leadership has never been stronger, with Taylor Lauber leading the company's IPO and Strategy, and overseeing its transition to a public company.

Financially, Shift4 is in a robust position, with a solid foundation, low leverage, and an impressive pipeline of opportunities. The company is well-positioned to deliver exceptional growth for years to come. Shift4’s strategy to expand across restaurants, hotels, stadiums, and e-commerce globally is stronger than ever.

Jared Isaacman intends to remain CEO until his confirmation and will be fully engaged at Shift4's Investor Day in February. He also plans to retain the majority of his equity interest in Shift4, subject to ethics obligations, and will move quickly to reduce his voting power to be commensurate with other Class-A shareholders.

Following these announcements, the company's shares moved 3.6%, and are now trading at a price of $103.53. Check out the company's full 8-K submission here.

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