Global Payments names Goldman Sachs' Sloan president

Source: Global Payments

Global Payments (NYSE: GPN), a leader in electronic payment processing services, today announced leadership enhancements to maximize the Company's global growth opportunities.

Jeffrey S. Sloan, Managing Director, Partner and Global Head of the Financial Technology Group at Goldman, Sachs & Co., has been appointed the President of Global Payments Inc. Mr. Sloan has led Goldman Sachs' investment banking activities for the worldwide payments industry over the last decade. Mr. Sloan will be responsible for the Company's lines of business in North America, as well as all worldwide business development activities. He will report to Paul R. Garcia, Chairman and Chief Executive Officer and will assume his new role on June 1, 2010.

James G. Kelly will assume the role of Vice Chairman and Chief Operating Officer. Mr. Kelly will continue to report to Paul R. Garcia.

"I am very enthusiastic about adding Jeff to our team. He is a highly respected and knowledgeable leader in financial services with an unparalleled understanding of emerging trends and worldwide opportunities in the payments industry. He rounds out what I consider to be a world-class leadership team," said Paul R. Garcia, Chairman and Chief Executive Officer.

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