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VeriFone Announces Executive Appointments

Stocks in this article: PAY

VeriFone Systems, Inc. (NYSE: PAY), announced the appointment of Jennifer Miles to president, VeriFone Americas; Bulent Ozayaz to president, VeriFone Southern Europe, Russia, Middle East and Northern Africa; Johan Tjärnberg to president, VeriFone Europe and Southern Africa; and Eliezer Yanay to chief operations officer, effective today.

“VeriFone is committed to build on our customer focus and operational excellence,” said Richard McGinn, interim CEO of VeriFone. “VeriFone’s board of directors and I are proud to provide each of these proven executives with expanded responsibilities.”

Miles, 41, joined VeriFone in 2001 and led the significant growth of the company’s North American business, including Retail, Global Security and Vertical Solutions, over the past 10 years. She will now lead VeriFone’s business in North America, Latin America and the Caribbean.

Ozayaz, 39, joined VeriFone in 2006 and has served as general manager of the company's North American Wireless Solutions and VeriFone Media businesses. He currently manages VeriFone’s operations in Southern Europe, Russia and Turkey and will now oversee an expanded sales territory that includes the Middle East and Northern Africa.

Tjärnberg, 37, joined VeriFone in 2012 through the acquisition of Point International and has served as Point’s CEO since 2010. In his seven years with Point, its payments-as-a-service offering saw significant growth and expansion into multiple European jurisdictions. Tjärnberg will lead VeriFone’s business in Europe — a consolidation of the Northern, Western and Central Europe regions — and Southern Africa.

Yanay, 52, joined VeriFone in 2006 and has led the company’s global R&D, supply chain and product management initiatives since 2011. In his previous role at VeriFone, Yanay was responsible for all operations and manufacturing in Israel, as well as business development, sales and marketing in Continental Europe, Southeastern Europe and Asia. As chief operations officer, he will now oversee the localization of the company’s global product portfolio, including responsibility for ensuring local-level customizations and certifications of the company’s global product lines. Yanay will also drive the centralization of local procurement to leverage the benefit of the company’s global purchasing scale.

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