NEW YORK, 2017-Jul-27 — /EPR Retail News/ — First Data (NYSE: FDC) announced today (JULY 24, 2017) that its Board of Directors elected technology executive Henrique De Castro as a Director of First Data. The Board has also appointed De Castro to serve as a member of the Risk Committee. De Castro’s election expands First Data’s Board from eight members to nine.
“We are very pleased to have Henrique join First Data’s Board of Directors,” said First Data Chairman and CEO Frank Bisignano. “As First Data continues to innovate and expand its offerings to our millions of business owner clients and thousands of financial institution clients around the world, Henrique’s experience and vast knowledge of the global digital and mobile marketplace will be invaluable assets to our board,” Bisignano added.
De Castro, who has held senior leadership positions at Google Inc., Dell, and McKinsey & Company, most recently served as COO at Yahoo! Inc. While at Google from 2006 to 2012, De Castro served in roles including President of Global Media, Mobile & Platforms and President of Partner Business Worldwide. During his tenure, De Castro helped build the company’s Media, Mobile & Platforms Business into the world’s leading digital business. He also helped launch Google’s Media and Mobile operations in more than 40 countries and was instrumental in several of the company’s largest acquisitions. Earlier in his career, De Castro was Director of Sales and Business Development for Dell in Western Europe and served as a management consultant with McKinsey & Company.
“First Data has made enormous strides over the last several years and is poised for further growth as a world leader in commerce-enabling technology,” said De Castro. “I am honored to join First Data’s Board and work with Frank Bisignano and my colleagues as we help clients around the world grow their business and, in the process, increase shareholder value,” De Castro added.
De Castro also serves on the Board of Directors of Target Corporation and is an advisor to Cantor Fitzgerald. De Castro earned a Bachelor Degree in Business from the Instituto Superior de Economia e Gestão in Lisbon, Portugal and a Master of Business Administration degree from IMD in Lausanne, Switzerland.
About First Data
First Data (NYSE: FDC) is a global leader in commerce-enabling technology and solutions, serving approximately six million business locations and 4,000 financial institutions in more than 100 countries around the world. The company’s 24,000 owner-associates are dedicated to helping companies, from start-ups to the world’s largest corporations, conduct commerce every day by securing and processing more than 2,800 transactions per second and $2.2 trillion per year.
Source: First Data