IPC, a prominent US-based Software-as-a-Service (SaaS) provider for trading communications, has announced Kurt Adams as its new Chief Executive Officer. Adams will succeed Bob Santella, who led the company for six years, guiding it through a period of notable growth and innovation.
Bringing over 25 years of extensive experience in the fintech space, Adams steps into his new role with a proven track record of leadership. Most recently, he served as the CEO of Optum Financial, where he drove the company’s growth, and as CEO of corporate payments at Fleetcor Technologies, where he also held the title of group president. Adams’ impressive leadership journey also includes key positions at Elavon Financial Services, ABN Amro, Piper Sandler, and US Bank, enriching him with a diverse skill set that aligns perfectly with IPC’s vision for the future.
In addition to the appointment of Adams, IPC has made significant leadership changes. Stuart Harvey, the former CEO of Elavon Global Acquiring, will now serve as the chairman of IPC’s board of directors. Michael Chin, the current CEO of the fintech firm Duco, will join IPC’s board as a member. These changes are part of IPC’s strategy to strengthen its leadership team following the recent acquisition by the global investment firm Strategic Value Partners (SVP), which took full control of the company just four months ago.
Jonathan Waggoner, managing director at SVP, commented on the leadership transition, saying, “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.”
As IPC continues to advance its platform for trading communications, Adams’ deep expertise in the financial technology sector positions him well to lead the company toward continued success and expansion.
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