Nuvei appoints David Schwartz as Chief Financial Officer to support growth initiatives


MONTREAL, Nov. 05, 2018 (GLOBE NEWSWIRE) -- Nuvei, a leading provider of global fintech solutions and the first-ever community of payment experts, today announces the appointment of David Schwartz as Chief Financial Officer effective immediately. Schwartz will lead the company’s Finance, Legal and Human Capital functions.

Schwartz has 25 years of experience in corporate finance, strategy, financial management, turnaround and advisory situations with both private and public companies. He most recently served as Chief Financial Officer at ALDO Group, an international fashion footwear and accessory retailer, where he held operational and financial leadership roles since 2010. Schwartz was also part of Optimal Payments’ founding group in 1999, having spent almost a decade at the global payments provider.

"David’s impressive background definitely gives us a competitive edge and is a good fit as we move forward with our next phase of growth," said Philip Fayer, chairman and CEO of Nuvei. "His depth of knowledge in capital markets, corporate transformation, plus mergers and acquisitions will be essential to support our initiatives."

"It's a great time to be joining Nuvei, a company with a tremendous track record of partnerships, technology and innovation," said David Schwartz. "I look forward to collaborating with its network of payment professionals and working with the leadership team as the company executes its ambitious growth strategies."

Schwartz started his career at PricewaterhouseCoopers, is a graduate of McGill University and holds Chartered Professional Accountant (CPA, CA) and Chartered Financial Analyst (CFA) designations.

About Nuvei
We are Nuvei, the first-ever community of payment experts. We provide fully-supported payment solutions designed to promote and advance our partners' success. We work with ISOs, ISVs, payment facilitators, developers, and eCommerce platforms, supporting them with the technology, expertise, and customer service they need to stand out. Backed by our full-service, globally connected platform, our vision is to build a network in which our partners can truly thrive. Our goal is to create bigger and better payment opportunities for all, paving the way to great partnerships. Learn more at www.nuvei.com

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