GLOBAL PAYMENTS INC. (NYSE:GPN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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GLOBAL PAYMENTS INC. (NYSE:GPN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On February 27, 2017, the board of directors (the “Board”) of Global Payments Inc. (the “Company”) appointed William B. Plummer as a member of the Board, effective as of March 6, 2017. Mr. Plummer will serve as a Class II director of the Company, which class will stand for reelection at the Company’s 2017 annual meeting of shareholders. In addition, Mr. Plummer was appointed as a member of the Company’s Audit Committee, effective as of March 6, 2017.
Mr. Plummer has served as the Executive Vice President and Chief Financial Officer of United Rentals, Inc., a publicly-traded equipment rental company, since December 2008. He also serves as a director and member of the audit committee of John Wiley & Sons, Inc., a publisher and service provider in the scientific research, higher education and professional development fields.
As a non-employee director, Mr. Plummer will participate in the non-employee director compensation plan approved by the Board, to which the Company provides its directors with an annual grant of common stock and an annual cash retainer.
There are no family relationships between Mr. Plummer and any director or officer of the Company, and he has no direct or indirect material interests in any transaction required to be disclosed to Item 404(a) of Regulation S-K.

About GLOBAL PAYMENTS INC. (NYSE:GPN)

Global Payments Inc. is a provider of payment technology services. The Company provides payment and digital commerce solutions. The Company operates through three segments: North America, Europe and Asia-Pacific. The Company’s segments primarily provide payment solutions for credit cards, debit cards, electronic payments and check-related services. The Company’s segments target customers in various industries, including financial services, gaming, government, healthcare, professional services, restaurants, retail, universities, not-for-profit organizations and utilities. It provides services across a range of channels to merchants and partners in over 30 countries throughout North America, Europe, the Asia-Pacific region and Brazil. The Company performs a series of services, including authorization, electronic draft capture, file transfers to facilitate funds settlement and certain exception-based, back office support services, such as chargeback and retrieval resolution.

GLOBAL PAYMENTS INC. (NYSE:GPN) Recent Trading Information

GLOBAL PAYMENTS INC. (NYSE:GPN) closed its last trading session down -1.18 at 78.27 with 2,212,690 shares trading hands.