Deluxe Names Scott Bomar Chief Financial Officer
Deluxe (NYSE: DLX) announces Scott Bomar as the new Senior Vice President and Chief Financial Officer, effective June 14. Bomar brings extensive finance experience from Home Depot, where he managed significant business units and financial strategies. His expertise in payments and operational leadership aligns with Deluxe's focus on enhancing its payments and business technology capabilities. The company began searching for a new CFO in March following Keith Bush's planned departure, with Bomar expected to strengthen Deluxe's financial strategies.
- Scott Bomar's appointment as CFO brings valuable financial expertise, particularly in payments, from his tenure at Home Depot.
- Bomar's experience managing a $5 Billion business unit and a $25 Billion debt portfolio is expected to enhance Deluxe's strategic financial management.
- None.
Deluxe (NYSE: DLX), a Trusted Payments and Business Technology™ company, today named Scott Bomar Senior Vice President and Chief Financial Officer (CFO). Bomar officially joins the company on June 14.
Bomar joins Deluxe from the Home Depot, Inc., where he held senior executive finance and operating leadership roles of increasing responsibility for 15 years. Most recently, he served as Senior Vice President Home Services, a
“Scott’s impressive finance and operating background with deeply relevant payments experience will help us accelerate our transformation in payments, data and business technology,” said Barry C. McCarthy, President and CEO of Deluxe. “With Scott’s leadership and background, we will be even better positioned to help businesses pay, get paid, optimize and grow their business. Scott brings the skills and financial discipline he developed at one of the country’s most highly regarded `financial academy’ companies to help Deluxe succeed.”
Deluxe began a national search in March to replace CFO Keith Bush, who announced his intention to depart the company later this year.
“Scott’s background in a company known for developing stellar financial talent, make him the right fit for our One Deluxe strategy,” said Jane Elliott, Chief Communications and Human Resources Officer for Deluxe. “Having responsibility for one of the largest private label credit card portfolios in the country, and credit card acceptance at a Fortune 50 company, Scott will bring valuable experience to our entire business portfolio, particularly to our Payments business, which grew double digits in 2020.”
Bomar will be based in the company’s Atlanta office. Bomar started his career at SEI Investments Company and Deloitte Consulting. He is an engineering graduate of the Georgia Institute of Technology and earned an MBA from Duke University.
About Deluxe Corporation
Deluxe, a Trusted Payments and Business Technology™ company, helps businesses pay, get paid, optimize and grow. For more than 100 years, Deluxe has championed businesses so communities thrive at all stages of their lifecycle, from start-up to maturity. Our powerful solutions support millions of small businesses, thousands of financial institutions and hundreds of the world’s most valuable brands. The company operates at significant scale, processing more than
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