TROY, Mich., September 9, 2013 - North American Bancard (NAB) (http://www.nabancard.com), an industry leader in credit card processing, today announced the appointment of Kirk Haggarty as the company’s new chief financial officer. Haggarty joins the ranks of the North American Bancard team, effective immediately, and will work closely with the existing team to drive profitability and overall fiscal health for North American Bancard during this period of rapid expansion.
As an accomplished financial executive, Haggarty brings over two decades of experience to the CFO role for NAB. His blended background in accounting and finance, along with his entrepreneurial spirit, make Haggarty an ideal addition to the NAB executive team.
Haggarty comes to NAB from Atlas Oil Company, a national wholesale distributor and marketer of petroleum products and services, where for four years he served as executive vice president and chief financial officer. Prior to that, Haggarty served nine years as co-founder and president for Donnelly Penman & Partners, an investment banking firm that specializes in providing mergers and acquisitions, capital raising and other financial advisory services to corporate clients.
“With the positive growth North American Bancard has experienced over the past two years, it was critical that we add a CFO who had a firm grasp of the financial industry and understood how to handle complex transactions through practical experience,” said Marc Gardner, President and CEO of NAB. “Kirk brings the experience and the expertise to steward NAB through our financial activities and has the deep background required to help push us through our period of aggressive expansion.”
With new experienced leadership and a forward thinking finance team backing up the strength of the already successful brand, North American Bancard can expect to see remarkable growth as the payment industry explodes in the coming years.