IPC appoints Kurt Adams as new CEO
IPC, a US-based Software-as-a-Service (SaaS) trading communications platform, has named industry veteran Kurt Adams as its new CEO, succeeding Bob Santella following his six-year tenure in the role.
Kurt Adams named new CEO of IPC (Image: LinkedIn)
Adams brings over 25 years of leadership experience from the fintech sector to IPC. In his most recent roles, he acted as CEO of Optum Financial and CEO of corporate payments for Fleetcor Technologies, where he also held the position of group president.
Prior to this, the incoming CEO served in a variety of leadership roles at the likes of Elavon Financial Services, ABN Amro, Piper Sandler and US Bank.
In addition to Adams, IPC has also announced two new board appointments. Effective immediately, these include the appointment of Stuart Harvey, the former CEO of Elavon Global Acquiring, to chairman of IPC’s board of directors, and Michael Chin, currently CEO of London-based fintech Duco, as IPC board member.
IPC’s leadership changes come just four months after the global alternative investment firm Strategic Value Partners (SVP) took full control of the company.
Commenting on the CEO transition, Jonathan Waggoner, managing director at SVP, states: “With SVP becoming the sole owner of IPC, this is an opportune time for Bob to pass the torch to Kurt, who is well suited to lead IPC through its next stage of growth.”
