VERIFONE SYSTEMS, INC. (NYSE:PAY) 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.
announced the appointment of Mr. Rowan Trollope to the Company’s
Board of Directors, effective as of May 17, 2017. Mr. Trollop will
serve on the Board of Directors from the effective date of his
appointment until the Company’s next annual meeting of
stockholders. Mr. Trollope will serve on the Audit Committee of the
Board of Directors. The number of authorized directors is increased
to nine.
of Things (IoT) and Applications Division at Cisco Systems, Inc.,
an information technology company headquartered in California and
focused on delivery of integrated solutions to develop and connect
information technology networks. Prior to joining Cisco in 2012,
Mr. Trollope served most recently as a group president at Symantec
Corporation overseeing sales, marketing and product development and
also in a variety of other leadership roles at Symantec commencing
in 1990. Mr. Trollope brings to the Board extensive experience in
leading high-growth enterprise technology businesses in the cloud,
security and small-to-medium size business sector as well as deep
technical and product expertise.
non-employee directors, as described in more detail in our most
recent proxy statement filed with the Securities and Exchange
Commission on February 9, 2017.
Trollope, whereby the Company will indemnify Mr. Trollope and
advance expenses and costs incurred by him in connection with
certain claims, suits, or proceedings arising as a result of his
service on the Board of Directors.
Regulation S-K.
appointment is attached as Exhibit 99.1 to this filing.
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Exhibit No.
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Description
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99.1
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Verifone Names Rowan Trollope to Board of Directors,
dated May 18, 2017 |
About VERIFONE SYSTEMS, INC. (NYSE:PAY)
VeriFone Systems, Inc. is engaged in providing electronic payment solutions at the point of sale (POS). The Company designs, manufactures, markets and supplies a range of payment solutions and complementary services that enable secure electronic payment transactions and value-added services at the POS. Its segments include North America, Latin America, EMEA and Asia-Pacific. The North America segment consists of operations in the United States and Canada. The Latin America segment operates in South America, Central America, Mexico and the Caribbean. The EMEA segment consists of operations in Europe, Russia, the Middle East and Africa. The Asia-Pacific segment operates in Australia, New Zealand, China, India, and throughout the rest of Greater Asia, including other Asia-Pacific Rim countries. Its services offerings include payment-as-a-service solutions, managed services and terminal management solutions, payment-enabled media, in-taxi payment solutions and security solutions. VERIFONE SYSTEMS, INC. (NYSE:PAY) Recent Trading Information
VERIFONE SYSTEMS, INC. (NYSE:PAY) closed its last trading session down -0.10 at 17.42 with 1,348,159 shares trading hands.
