Jeff Shanahan to Serve as Executive Vice President and as Member of First Data’s Management Committee
July 06, 2017 at 08:47 am EDT
First Data Corporation and CardConnect Corp. announced the successful completion of First Data’s tender offer to purchase the outstanding shares of CardConnect common stock for $15.00 per share in cash. CardConnect CEO Jeff Shanahan will continue to lead CardConnect operations and will serve as an Executive Vice President and as a member of First Data’s Management Committee, reporting to Frank Bisignano.