Priority Technology Holdings, Inc Announces Resignation of Marc Manuel from the Board of Directors
April 01, 2019 at 02:18 am IST
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On April 30, 2019, Marc Manuel resigned from the Board of Directors of Priority Technology Holdings, Inc. ("Priority"), effective immediately. Mr. Manuel’s resignation was not a result of any disagreement with Priority. The Board of Directors of Priority intends to elect a new independent director promptly to replace Mr. Manuel.
Priority Technology Holdings, Inc. is a solution provider in payments and banking as a service (BaaS) industry, operating at a scale with 860,000 active customers across its small and medium-sized businesses (SMB), business-to-business and enterprise customer channels. The Company has three segments. SMB Acquiring Solutions segment provides full-service acquiring and payment-enabled solutions for business-to-consumer transactions, leveraging its proprietary software platform, distributed through independent sales organizations (ISO), direct sales and vertically focused independent software vendor (ISV) channels. B2B Payables segment provides accounts payable (AP) automation solutions to corporations, software partners and industry financial institutions (FI), including Citibank and Mastercard. Enterprise Payments and BaaS segment provides embedded finance and BaaS solutions for customers to modernize legacy platforms and accelerate software partners' strategies to monetize payments.
PRIORITY TECHNOLOGY HOLDINGS, INC. 
