TSYS Acquiring Solutions®
today announced that it has appointed David E. Wood, a seasoned payments
industry veteran, as chief operating officer. David will be responsible
for all TSYS Acquiring Solutions business operations and will report to
Robert J. Philbin, president of TSYS Acquiring Solutions.
“Strengthening our core business and achieving
operational excellence are strategic priorities for TSYS Acquiring
Solutions,” said Philbin. “David’s
proven industry expertise in multiple operational environments combined
with his strong leadership capabilities will enable him to make
significant contributions to our company. We are very pleased to welcome
him to the TSYS Acquiring Solutions team.”
Wood served as a senior executive with Bank of America for the past 15
years and was most recently responsible for its BA Merchant Services
operations in Louisville, Ky. BA Merchant Services was recently ranked
as the second largest merchant acquirer in the United States. Prior to
Wood’s long-term tenure with Bank of America,
he held management positions in operations with Bank One. Wood has built
his career on values such as improving customer experience, lowering
operating costs and growing revenues. His strong devotion to community
includes service with Big Brothers/Big Sisters, United Way and the
National Conference for Community and Justice. Wood holds a bachelor’s
degree in business administration from Hardin Simmons University.
About TSYS Acquiring Solutions
TSYS Acquiring Solutions is the pre-eminent supplier of acquiring
solutions, related systems and integrated support services to the
acquiring industry and its customers. TSYS Acquiring Solutions delivers
comprehensive solutions and support that securely and reliably process
billions of credit and debit transactions every year. From authorization
and capture services to the clearing and settling of merchant
transactions, critical customer support functions and information
management services, TSYS Acquiring Solutions helps acquirers
effectively manage and grow their merchant portfolios. TSYS Acquiring
Solutions is a wholly owned TSYS®
(NYSE: TSS) subsidiary. Additional information about TSYS
Acquiring Solutions can be found at www.tsysacquiring.com.
