Susquehanna Upgrades VeriFone (PAY) to Positive
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VeriFone's (PAY) CEO Departure 'Necessary', Says Analyst
March 12, 2013 9:40 AM EDTYesterday VeriFone's (NYSE: PAY) CEO announced he was stepping down. With shares higher early on Tuesday, the market's reaction is clearly positive. Analyst Gil Luria of Wedbush called the depart a "necessary condition of success".
"We believe the new CEO... More
VeriFone (PAY) CEO Bergeron Stepping Down; Interim CEO Named
March 11, 2013 4:09 PM EDTThe Board of Directors of VeriFone Systems, Inc. (NYSE: PAY) (VeriFone) announced that Douglas G. Bergeron is stepping down as Chief Executive Officer and member of the Board of Directors, effective March 12. VeriFones Chairman, Richard McGinn, has been named Interim CEO and continues as a member of the Board; Leslie Denend has been named Interim Chairman.
Rich McGinn has served as a director of VeriFone since 2008 and as Chairman since 2012. He also serves as a member of the board of directors of American Express... More
