News | March 11, 2013

Mercury Expands Management Team With New Information Security And Marketing Executives

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Industry veterans Randy Clark and Jim Maloney tapped to help accelerate company growth and market leadership

Durango, CO – Mercury®, a leading provider of payment processing and revenue generation solutions for businesses nationwide, has announced the addition of two new members to its leadership team:  Jim Maloney, chief information security officer and Randy Clark, senior vice president of marketing.  Both executives bring extensive business and domain expertise to Mercury and will help lead the company into its next phase of growth alongside CEO Matt Taylor and the rest of his management team.

With more than 20 years of experience in driving revenue growth and market presence for technology companies, Randy Clark will spearhead Mercury’s go-to-market initiatives as senior vice president of marketing.  Clark joins Mercury from UC4 Software where he served as CMO and helped lead the company’s transformation into a $100M enterprise IT leader.  Prior to UC4, Clark led similar transformations at Platform Computing and Symyx Technologies where he served as chief marketing officer and vice president of marketing, respectively.

Clark will help shape and execute Mercury’s plans for delivering a broad suite of payment and loyalty solutions designed to help SMBs grow and prosper in an increasingly complex and competitive environment. At Mercury, Clark will report to CEO Matt Taylor and be based in the company’s Durango headquarters. 

“The opportunity for Mercury to help SMBs profitably navigate the rapidly changing payments industry is clear and I’m excited to help lead the company through its next phase of growth and market expansion,” Clark said.

Jim Maloney will drive strategic direction and development initiatives around the security of Mercury’s key information systems, products and services. Having led the creation and execution of enterprise-wide security strategies for several corporations and technology companies, he brings to Mercury nearly two decades of global experience in information management, risk management and policy-setting. In addition to directing security at Intuit, Maloney headed security practices at Barclays Bank PLC, Amazon.com, Corillian Corporation, and Boeing – he also ran his own management consulting firm, Cyber Risk Strategies, specializing in IT risk management.

“This is an exciting time for the payment industry,” said Maloney. “The convergence of new technologies, distribution models and platforms presents fantastic business opportunities -- along with some key challenges. Securing information across an ever-changing landscape is paramount to ensuring retailer and consumer confidence, and Mercury has been at the forefront of meeting that challenge for years. I’m looking forward to putting my knowledge and experience to work for Mercury to continue driving their information security efforts and accelerating efforts and innovations.”

“Randy and Jim are outstanding additions to our management team,” said Matt Taylor, CEO, Mercury. “Both bring a clear passion for their respective disciplines and deep experience managing high-growth organizations to Mercury, which is invaluable to us as we extend our market leadership over the next few years.  More than 3,000 channel partners and 80,000 small business organizations count on us to deliver the best payment and marketing solutions, services and support to help them succeed in this competitive environment. Investing in our information security and market leadership means we’ll be able to continue innovating and growing to support their current and future needs.”

About Mercury

Mercury (Mercury Payment Systems, LLC) is one of the fastest-growing payment processing and revenue solutions companies in North America. Mercury is a trusted, award-winning channel partner to over 500 point-of-sale (POS) Independent Software Vendors and 2,500 POS Value Added Resellers, delivering secure and reliable integrated payments and visionary technology leadership to the industry. Mercury is pioneering the "Social POS," empowering its merchants to identify, acquire and retain customers through unique engagement and closed-loop measurement in addition to innovative products like MercuryLoyalty™ – the industry’s first card-less loyalty solution that integrates mobile and social technology into point-of-sale (POS) systems. For additional information on Mercury, please visit www.mercurypay.com or follow on Twitter @mercurypay.

SOURCE: Mercury Payment Systems, LLC