Mark Herrington Joins First Data Executive Committee

“It truly is an exciting time at First Data, and within the global payments market overall,” said Herrington. “I am honored to join the extremely talented members of our Executive Committee and work with them to unleash the incredible value we can deliver to our customers during this transformational time in our industry. We’ve got all the right pieces to meet both the current and future needs of our financial institution and merchant customers around the world.” Herrington has served in numerous leadership roles as First Data, including general manager of the company’s former Retail Solutions division with responsibility for overall P&L performance within this line of business, which included prepaid, TeleCheck, eCommerce and merchant loyalty. Herrington came to First Data from Money Network, now a First Data company, which he co-founded in 2001. Under the leadership of Herrington and his team, Money Network experienced a compound annual growth rate (CAGR) of more than 80 percent since inception. Prior to Money Network, he was executive vice president of the Americas for i2 Technologies, a Dallas-based enterprise software provider. Prior to i2, Herrington spent eight years in sales and sales management positions with McCormick & Associates, American Software and Oracle Corporation. He is a member of the board of directors for Emerge Memphis, which provides financial and management support for early stage companies, and holds a bachelor’s degree from the University of Memphis. www.firstdata.com 

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