Payment tech platform GPS makes new senior leadership changes

Joanne Dewar, Vice Chair at Global Processing Services

Global Processing Services (GPS), a payment tech platform, announced the promotion of Joanne Dewar to Vice Chair. Kevin Schultz has also been named CEO, effective immediately. Joanne will maintain her position on the GPS board, where she will focus on the global profile, and continue to work alongside Chair, Gene Lockhart, in a newly created Office of the Chair.

What is Kevin’s industry expertise?

Joanne had been CEO at GPS for over four years and was instrumental in scaling the organisation and securing investment from arguably the most impressive consortium in the payments industry. Kevin brings a wealth of executive leadership experience in the payments and digital banking industry to his new role as CEO, where he will primarily focus on strategy and execution. Most recently, Kevin served as Fiserv’s Group President of the Digital Banking.

Prior to Fiserv, Kevin served as President, Global Financial Services at First Data, following nearly 16 years at Visa, where he built out the debit processing business, Visa DPS.

Gene Lockhart, Chair, GPS, said: “We are grateful for the great work that Joanne has done at GPS. Under Joanne’s stewardship, the firm has gone from strength to strength and transitioned through a major new investment round, the building of a new management team and a significant transformation. She will continue to play a pivotal role in GPS’ future.”

“With Kevin on board, our leadership team now has a unique and powerful blend of industry, market and leadership experience which will help us to accelerate the company’s growth.”

What are the appointees’ thoughts on the new roles?

Joanne Dewar, Vice Chair, GPS, commented: “I am extremely proud of what has been achieved so far and I am very excited about my new role, which should enable me to help expand the business footprint through raising the profile and building the global network.”

“I am also delighted to welcome Kevin, whose impressive track record will be a huge asset to the GPS business and our customers. Together with Gene, I am convinced that we have a winning combination which will accelerate the ability of GPS to reach its true potential.”

Kevin Schultz, Chief Executive Officer, GPS, said: “I could not be more excited to lead the firm through the next phase of its development. With the experience of our leadership team and support of our investors, I am convinced that GPS will continue to deliver market leading technology and provide our customers with ever more innovative payments solutions.”