Our owners Advent International and Bain Capital are consolidating the payment companies in their portfolio. As a result, a part of group Mercury Processing Services International is a part of has been renamed into Concardis Payment Group, formerly known as Eagle Eschborn GmbH.
Apart from the change in name, our holding company has acquired a new CEO, Robert Hoffmann.
Robert Hoffmann has more than 20 years of experience in telecommunications and e-business with a strong focus on products and sales. He joins from United Internet AG where he was Executive Board Member for the Business Application unit and CEO of 1&1 Internet since 2013. Robert developed 1&1 Internet into the European Market leader for Hosting and E-Business- Applications for SMBs with offerings in eleven countries. Prior to that, he led United Internets Telecommunication Unit 1&1 Telecom after joining from Arcor in 2006.
In addition to Robert Hoffmann as CEO, Catherine Sherwin will assume the position of Group CIO of Concardis Payment Group.
A Group CFO will be appointed within the next weeks.