CPI Card Group Inc. announced John Lowe has been named its Chief Executive Officer and appointed to the Company?s Board of Directors, effective January 25, 2024. Lowe succeeds outgoing President and Chief Executive Officer Scott Scheirman, who had previously announced his intention to retire in early 2024. Lowe has been with CPI Card Group since 2018, most recently as Executive Vice President, End-to-End Payment Solutions since late 2022.

In this role he was responsible for a significant majority of the Company?s revenues and operations. He previously served as the Company?s Senior Vice President and General Manager, Secure Card, beginning in 2021, and was the Company?s Chief Financial Officer from 2018 through 2021. Lowe has more than a decade of senior executive leadership experience and over two decades of financial leadership experience.

Prior to CPI, Lowe spent eight years at SquareTwo Financial Corporation, most recently as Chief Financial Officer, and spent his early career within the Capital Markets and Audit practices at Deloitte. Lowe holds a B.S. Degree in Accounting and Finance from Virginia Polytechnic Institute and State University.