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 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.