Deluxe Elects Hugh S. Cummins III to Board

By Tamara Parker • Wednesday, January 29 06:07 • Permanent Link

Deluxe (NYSE: DLX) has announced the election of Hugh S. “Beau” Cummins III to its Board of Directors, effective February 21, 2025. Mr. Cummins, a 36-year banking industry veteran, most recently served as the Vice Chair and Chief Operating Officer of Truist Financial Corporation.

Deluxe also revealed that William C. Cobb and Martyn R. Redgrave have decided not to stand for re-election at the Company’s 2025 Annual Meeting of Shareholders.

Deluxe's solutions help businesses pay, get paid, and grow, and its powerful scale 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.

(Source: Business Wire) Following these announcements, the company's shares moved 1.3%, and are now trading at a price of $23.05. Check out the company's full 8-K submission here.

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