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Cardtronics Intensifies Focus On Growth

Stocks in this article: CATM

Cardtronics Enterprise Growth Group President David Dove said:

"In the four years I have worked with Cardtronics as a consultant, I have had an opportunity to work with a very talented team to help position the company for sustained and profitable growth. Steve Rathgaber gave me an opportunity to come inside to help drive the company forward, and in doing so build on what has become a very powerful growth platform."

"We interact with more than a million consumers every day — and are visible to many more as they pass by our portfolio of convenient locations during their daily routine. Given this unrivaled distribution network combined with the position we have established at the intersection of hundreds of financial institutions and thousands of premier retail partners, I am confident that we have growth potential ahead of us."

Overview: Cardtronics Enterprise Growth Group

Cardtronics' newly created Enterprise Growth Group, under the leadership of David Dove, will provide dedicated support to CEO Steve Rathgaber, focusing on the development and execution of strategic growth initiatives including transaction share growth, new products, consumer experience, mergers and acquisitions, strategy development and business analytics. Consequently the core and next-generation product functions, corporate marketing, business analytics, as well as mergers and acquisitions teams will fold into the Enterprise Growth Group. Specific to mergers and acquisitions, Phil Chin has joined the company, having been appointed to the newly created Executive Vice President of Corporate Development role. Chin, previously a director in Barclays Investment Bank's Global Technology, Media and Telecommunications Group, will manage the M&A pipeline at Cardtronics, reporting to Dove.

Biographical Highlights of David Dove

David Dove has been appointed as President of the newly formed Cardtronics Enterprise Growth Group, effective Sept. 1, 2013.

Dove is currently Managing General Partner of Dove Capital Partners LLC, which provides consulting support to leading banks, credit unions, card issuers, card associations, electronic funds transfer (EFT) networks, merchant acquirers, processors, technology firms and terminal deployers. In this role, Dove has supported Cardtronics since 2009, focusing on strategy development, growth opportunities in the payments and retail financial services markets, as well as mergers and acquisitions.

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