Executive Changes at VeriFone

Published in CSP Daily News

Appoints Rothman EVP, CFO, Parsons SVP digital, to replace retiring Dykes, Waller

Jay Parsons

SAN JOSE, Calif. -- VeriFone Systems Inc. has appointed Marc E. Rothman, former chief financial officer of Motorola Mobility Inc., to executive vice president and CFO, and Jay Parsons to senior vice president, digital media and taxi operations, effective immediately.

Also, VeriFone has announced the retirements of CFO Robert Dykes, 63, and vice chairman Elmore (Bud) Waller, 63. Following a transition of responsibilities, both executives will retire effective Feb. 28, 2013.

"Marc Rothman's experience leading financial strategy and governance, along with his global experience helping to build operations, particularly in emerging markets as both the CFO of Motorola Mobility and in senior finance roles within Motorola Inc., aligns extremely well with VeriFone's goals," said VeriFone chief executive officer Douglas G. Bergeron.

Rothman, 48, joined Motorola Inc., through the acquisition of General Instrument in 2000, and eventually rose to become worldwide controller of the former Motorola. He oversaw all financial activities of Motorola Mobility and led the company's spinoff transaction from its former parent and eventual sale.

Parsons, 47, joined VeriFone in September of 2011 and has played an integral role in driving the development of VeriFone's interactive digital solutions platform for the petroleum and retail businesses. He previously served 13 years with Catalina Marketing in executive management roles, including executive vice president of its U.S. packaged goods business unit helping manufacturer and retail brands deliver unprecedented performance, and as president of Catalina's global healthcare business.

"Jay Parsons has overseen business development, strategic planning and program implementation for media within VeriFone's North American business unit and is well prepared to take over global activities for taxi solutions and payment-enabled digital media," Bergeron said. "Bud Waller and Bob Dykes have each performed in critical roles for VeriFone and I thank them both for their service."

VeriFone, San Jose, Calif., is a leader in secure electronic payment solutions. It provides expertise, solutions and 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.