LAS VEGAS, May 25, 2017 /PRNewswire/ -- Shift4 Corporation, the trusted leader in secure payment processing, announced today that its founders J. David Oder, its president/chief executive officer, and Katherine A. Oder, its executive vice president/chief operating officer, will be stepping away from the day-to-day operations of the company. Mr. Oder will stay involved in the company as its CEO and chairman of the board. Mrs. Oder will take the position of vice chairman of the board and remain as corporate secretary. The Oders look forward to greatly expanding their semi-retirement.
Shift4 is positioned for growth and further success with executive promotions.
Shift4's board of directors has announced that J.D. Oder II, its current senior vice president and chief technology officer (CTO), has been promoted to president, a position that he has successfully filled, in practice, for the past couple of years. Mr. Oder will remain the company's CTO.
"J.D. has been a payment security expert and visionary for well over a decade. He is the co-inventor of tokenization, a current standard in the payment industry, and chief inventor and co-author of several payment industry patents including those covering most, if not all, of the point-to-point-encryption (P2PE) process. I am confident that he will expand Shift4's commitment to innovation in the coming years. I am excited as he officially takes the helm, and I am sure that he will have the same success as president of the company as he has had in every facet of his professional life," said CEO J. David Oder.
Stephanie Stowers, the company's senior vice president of customer service, has been promoted to executive vice president. Mrs. Stowers will take on the additional position as the company's chief operating officer. Over the last couple of years, Mrs. Stowers has effectively taken over the operational role.
"For well over a decade, Stephanie has successfully led Shift4's customer advocacy group, providing our merchant customers with installation and support services unparalleled in the payment card industry. Her determined nature while solving problems along with her organizational skills has led to her success. She has provided an environment where our partners and customers can thrive and Shift4 can grow. I look forward to watching her strategies unfold and to great success. With a team like J.D. and Stephanie, the growth of Shift4 is assured," said Katherine A. Oder.
About Shift4 Corporation
Through constant innovation and resolute independence, Shift4 empowers and protects merchants accepting electronic payments by providing the fastest, most reliable and secure payment services and gateway in the marketplace, DOLLARS ON THE NET®. This solution provides auditing tools, fraud controls, foundational support for new technologies (EMV, P2PE, mobile, etc.), hundreds of certified integrations to leading POS, PMS and e-commerce platforms, and connections to nearly every bank and processor in North America. Shift4 invented tokenization and owns nine payment-security related patents. Learn more at www.shift4.com.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shift4-corporations-pioneers-in-the-payment-gateway-space-hand-over-day-to-day-operations-and-name-new-executives-300463675.html
SOURCE Shift4 Corporation