GreenBox POS (NASDAQ: GBOX) has announced the appointment of J. Drew Byelick as Chief Financial Officer of the company effective immediately. Effective August 16th, 2022, Chief Financial Officer Ben Chung has resigned. “We thank Ben for his contribution to GreenBox and wish him the best of luck as he pursues other interests,” said GreenBox Chief Executive Officer, Fredi Nisan. “While Ben will be missed, we are fortunate to have found an experienced CFO in Drew and are pleased to have someone of his caliber and financial skillset join our team. We believe his concentrated experience in the software and technology industry will be fundamental as we integrate our recent acquisitions and continue to explore future transactions that add to our processing volume, technology suite and licensing assets. We anticipate a smooth transition with Drew which will allow us to continue working toward our long-term expansion objectives.”
“GreenBox is in the midst of both growth and massive transformation,” Byelick added, “allowing me a tremendous opportunity to apply my financial industry experience at a company with global development in one of the most exhilarating and rapidly evolving industries. The company has made impressive progress in a relatively short period of time. Expanding its payment processing footprint to approximately $2.0 billion in processing volume last year and acquiring a key asset such as Transact Europe, which positions the company for immense growth domestically and globally. GreenBox is poised for an incredible journey ahead and I’m truly thrilled to be working with this talented team as we realize the company’s next phase of growth.”