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HEARTLAND PAYMENT SYSTEMS ANNOUNCES EXECUTIVE PROMOTIONS Robert Baldwin Promoted to President and Chief Financial Officer; Alan Sims Named Chief Technology Officer; Marty Moretti Appointed Chief Service Officer Princeton, NJ-November 1, 2007-Today, Heartland Payment Systems (NYSE: HPY), a leading provider of credit/debit/prepaid card processing, payroll and payment services, announced a series of executive promotions designed to help propel the company's expected growth for the coming years.
Robert Baldwin, the company's chief
financial officer since 2000, has been
promoted to president and chief
financial officer. "Since joining Heartland, Bob has been a strong ally, a trusted voice for the company with Wall Street and our business partners, and a solid operating manager who intimately understands every aspect of our business," said Bob Carr, chairman and chief executive officer of Heartland. "As chief financial officer, Bob guided us through one of the most successful initial public offerings ever in the financial services industry. As president and chief financial officer, Bob will now be responsible for finance, operations and administration."
Prior to joining Heartland Payment
Systems,
Alan Sims has been promoted to chief
technology officer. A Heartland
employee since 2000, Sims was
instrumental in the development and
implementation of Exchange, Heartland's
proprietary front-end processing
system. He has over 20 years of
experience in information technology
with multinational corporations such as
Electronic Data Systems, Pan Am World
Services, and Control Data Corporation
as well as the United States
Government. Sims graduated from the
Carr commented, "The CTO is a key role
at Heartland, and Alan's leadership in
the execution of our proprietary
processing systems makes him the ideal
person to fill that position. Since our
inception, Heartland has used technology
as a competitive differentiator that
drives our low-cost business model.
This was recently recognized when
InformationWeek named us one
of the 50 most innovative companies in
the
In a newly established role, Marty
Moretti has been promoted to chief
service officer and will manage the
company's service center in "As we begin our second decade, these leaders will play an instrumental role in our continued growth," Carr concluded. "Financial operations, technology development, and merchant services are key to the value we deliver to both our customers and shareholders." About Heartland Payment Systems Heartland Payment Systems, Inc., a NYSE company trading under the symbol HPY, delivers credit/debit/prepaid card processing, payroll and payment solutions to more than 150,000 small and mid-sized businesses nationwide. Heartland is the founding supporter of The Merchant Bill of Rights, a public advocacy initiative that educates merchants about fair credit and debit card processing practices. For more information, visit www.heartlandpaymentsystems.com and www.MerchantBillOfRights.com.
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