On October 4, 2017, Jeffrey H. Fox provided Blackhawk Network Holdings, Inc. (“Blackhawk”) with notice of his resignation from the Board of Directors (the “Board”), effective immediately, due to other commitments. His resignation is not due to any disagreement with the Board or Blackhawk.
About BLACKHAWK NETWORK HOLDINGS, INC. (NASDAQ:HAWK)
Blackhawk Network Holdings, Inc. is a prepaid payment network. The Company offers a range of prepaid gift, telecom and debit cards, in physical and electronic forms, as well as related prepaid products and payment services. The Company’s segments are US Retail, International Retail and Incentives & Rewards. The US Retail segment consists of the various operating segments of the United States retail products, third-party online distribution channel and secondary card market and is engaged in sales of prepaid products to consumers through these channels. The International Retail segment consists of the various operating segments of its geographic regions and is engaged in sales of prepaid products to consumers at its international retail distribution partners. The Incentives & Rewards segment consists of the various operating segments, which offer prepaid cards, other products and related services to business clients for their consumer incentive and employee reward programs.