Scott Scheirman Appointed CEO of CPI Card Group

CPI Card Group (Nasdaq:PMTS, TSX:PMTS), a global leader in financial and EMV® chip card production and related services, today announced the appointment of Scott Scheirman as the company’s new president and chief executive officer.

Before joining CPI Card, Scheirman served as executive vice president and chief financial officer of Western Union for seven years. Prior to that, he spent 12 years at First Data Corporation in a variety of executive leadership roles. He also spent seven years at Ernst & Young. Scheirman holds a bachelor of science degree in business administration with an emphasis on accounting from the University of Northern Colorado.

“I along with my fellow directors are thrilled to appoint Scott Scheirman as CEO of CPI Card Group and we are confident he will be an excellent leader for the Company,” said Brad Seaman, chairman of the board of CPI Card. “His track record of achieving growth, energizing teams and creating value makes him an ideal fit. We are confident Scott will effectively lead the company through strategic planning and relentless execution and by focusing on meeting the needs of current and future customers.”