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VeriFone Appoints Former Lucent Technologies CEO to Board of Directors
SAN JOSE, Calif., Dec. 18 /PRNewswire-FirstCall/ -- VeriFone Holdings,Inc. (NYSE: PAY) today announced the appointment of Richard A. McGinn to itsBoard of Directors, effective December 17, 2008. The election expands thenumber of directors on the VeriFone board to ten members, nine of whom areindependent outside directors.
Mr. McGinn is a General Partner at RRE Ventures, an investment advisoryand venture capital firm. From 1997 to October 2000, he served as the ChiefExecutive Officer at Lucent Technologies Inc., and from February 1998 toOctober 2007 he also served as Chairman of the Board. Mr. McGinn currentlyserves on the board of directors of American Express Company and haspreviously served on the board of directors of Oracle Corporation.
Douglas G. Bergeron, Chief Executive Officer of VeriFone, said: "RichMcGinn is an exceptionally seasoned and accomplished senior executive. We lookforward to benefiting from his broad perspective of technology and operationalinnovation as we continue to evolve our business and explore new businessopportunities."
Additional Resources: http://ir.verifone.com About VeriFone Holdings, Inc. (http://www.verifone.com)
VeriFone Holdings, Inc. ("VeriFone") (NYSE: PAY) is the global leader insecure electronic payment solutions. VeriFone provides expertise, solutionsand services that add value to the point of sale with merchant-operated,consumer-facing and self-service payment systems for the financial, retail,hospitality, petroleum, government and healthcare vertical markets. VeriFonesolutions are designed to meet the needs of merchants, processors andacquirers in developed and emerging economies worldwide.
SOURCE VeriFone Holdings, Inc.
Douglas G. Bergeron, Chief Executive Officer of VeriFone, said: "RichMcGinn is an exceptionally seasoned and accomplished senior executive. We lookforward to benefiting from his broad perspective of technology and operationalinnovation as we continue to evolve our business and explore new businessopportunities."
Additional Resources: http://ir.verifone.com About VeriFone Holdings, Inc. (http://www.verifone.com)
VeriFone Holdings, Inc. ("VeriFone") (NYSE: PAY) is the global leader insecure electronic payment solutions. VeriFone provides expertise, solutionsand services that add value to the point of sale with merchant-operated,consumer-facing and self-service payment systems for the financial, retail,hospitality, petroleum, government and healthcare vertical markets. VeriFonesolutions are designed to meet the needs of merchants, processors andacquirers in developed and emerging economies worldwide.
SOURCE VeriFone Holdings, Inc.
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