Monday, April 26, 2010

NetSpend Names George W. Gresham Chief Financial Officer



Appointment Adds to Depth of Management Team
AUSTIN, Texas--(BUSINESS WIRE)--NetSpend Corporation, a leading provider of prepaid, reloadable debit cards, announced today that George W. Gresham has been appointed to the position of Chief Financial Officer. Mr. Gresham joins NetSpend from Global Cash Access, Inc. (GCA) where he served in the same capacity. He will be based at NetSpend’s corporate headquarters in Austin, TX and will assume his duties next month.
“I am pleased to welcome him to our company and believe that his wealth of knowledge will add to a management team that is unparalleled in the financial services space.”
At NetSpend, Gresham will have responsibility for the treasury, accounting and finance departments and will report directly to chief executive officer Dan Henry.
“George brings to NetSpend an outstanding background in payments and financial services at publicly traded companies,” said Henry. “I am pleased to welcome him to our company and believe that his wealth of knowledge will add to a management team that is unparalleled in the financial services space.”
Gresham joined GCA — a leading provider of cash access services to the gaming industry — in February 2008 and was responsible for all facets of the company’s financial activities. Prior to his tenure at GCA, Gresham served as Chief Financial Officer, Chief Administrative Officer and Executive Vice President of EFD eFunds Corporation, a NYSE-listed company that specialized in the development and deployment of payments and payments-related technology.
Gresham holds a BS in Accountancy from Northern Arizona University, an MBA from the Thunderbird School of Global Management and is a Certified Public Accountant.
About NetSpend Corporation
NetSpend Corporation is one of the leading providers of prepaid debit cards in the United States. A pioneer in the industry since its inception in 1999, NetSpend prepaid debit cards give financial freedom and convenience to the more than 60 million underbanked consumers in the United States. NetSpend is the only company in the prepaid debit industry to offer an end-to-end solution for consumers and merchants with a proprietary processing platform, card fulfillment, customer service and risk management capabilities. More information about the company can be found athttp://www.netspend.com or by following the company on Facebook or Twitter.

Contacts

NetSpend Corporation

Brad Russell, 512-539-5932

brussell@netspend.com
Permalink: http://www.businesswire.com/news/home/20100426007284/en/NetSpend-Names-George-W.-Gresham-Chief-Financial


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