Hugh S. “Beau” Cummins III Elected to Deluxe Board of Directors
Deluxe (NYSE: DLX) has elected Hugh S. 'Beau' Cummins III to its Board of Directors, effective February 21, 2025. Cummins brings 36 years of banking industry experience, most recently serving as Vice Chair and Chief Operating Officer of Truist Financial , where he oversaw operational services, enterprise transformation, strategy, and payments.
At Truist, Cummins played a important role in the successful merger of SunTrust and BB&T, managing both organizational and operational aspects. He currently serves on the board of Atrium Health Foundation and holds degrees from Miami University and the University of Michigan.
Additionally, William C. Cobb and Martyn R. Redgrave have announced they will not seek re-election at the Company's 2025 Annual Meeting of Shareholders.
Deluxe (NYSE: DLX) ha eletto Hugh S. 'Beau' Cummins III nel suo Consiglio di Amministrazione, con effetto dal 21 febbraio 2025. Cummins porta con sé 36 anni di esperienza nel settore bancario, avendo recentemente ricoperto il ruolo di Vice Presidente e Chief Operating Officer di Truist Financial, dove ha supervisionato i servizi operativi, la trasformazione aziendale, la strategia e i pagamenti.
Presso Truist, Cummins ha svolto un ruolo importante nella riuscita fusione di SunTrust e BB&T, gestendo sia gli aspetti organizzativi che operativi. Attualmente, è membro del consiglio di amministrazione di Atrium Health Foundation e possiede lauree presso Miami University e l'Università del Michigan.
Inoltre, William C. Cobb e Martyn R. Redgrave hanno annunciato che non si candideranno per il rinnovo alla Riunione Annuale degli Azionisti della Società del 2025.
Deluxe (NYSE: DLX) ha elegido a Hugh S. 'Beau' Cummins III para su Consejo de Administración, con efecto a partir del 21 de febrero de 2025. Cummins aporta 36 años de experiencia en la industria bancaria, habiendo servido más recientemente como Vicepresidente y Director de Operaciones de Truist Financial, donde supervisó los servicios operativos, la transformación empresarial, la estrategia y los pagos.
En Truist, Cummins desempeñó un papel importante en la exitosa fusión de SunTrust y BB&T, gestionando tanto los aspectos organizativos como operativos. Actualmente forma parte de la junta de Atrium Health Foundation y posee títulos de Miami University y la Universidad de Michigan.
Además, William C. Cobb y Martyn R. Redgrave han anunciado que no buscarán la reelección en la Reunión Anual de Accionistas de la Compañía en 2025.
Deluxe (NYSE: DLX)는 Hugh S. 'Beau' Cummins III을 2025년 2월 21일부터 이사회 이사로 선출했습니다. Cummins는 최근 Truist Financial의 부회장 및 최고운영책임자로 활동하면서 36년의 은행업 경력을 쌓아왔으며 운영 서비스, 기업 혁신, 전략 및 지불을 감독했습니다.
Truist에서 Cummins는 SunTrust와 BB&T의 성공적인 합병에 중요한 역할을 하였으며 조직 및 운영 측면 모두를 관리하였습니다. 그는 현재 Atrium Health Foundation의 이사로 활동하고 있으며 마이애미 대학교와 미시간 대학교에서 학위를 취득했습니다.
추가로 William C. Cobb와 Martyn R. Redgrave는 2025년 주주 총회에서 재선에 출마하지 않을 것이라고 발표했습니다.
Deluxe (NYSE: DLX) a élu Hugh S. 'Beau' Cummins III à son Conseil d'Administration, à compter du 21 février 2025. Cummins apporte 36 ans d'expérience dans le secteur bancaire, ayant récemment occupé le poste de vice-président et directeur des opérations de Truist Financial, où il a supervisé les services opérationnels, la transformation de l'entreprise, la stratégie et les paiements.
Chez Truist, Cummins a joué un rôle clé dans la fusion réussie de SunTrust et BB&T, gérant à la fois les aspects organisationnels et opérationnels. Il siège actuellement au conseil d'administration de l'Atrium Health Foundation et détient des diplômes de l'Université de Miami et de l'Université du Michigan.
De plus, William C. Cobb et Martyn R. Redgrave ont annoncé qu'ils ne brigueront pas un nouveau mandat lors de l'Assemblée Générale Annuelle des Actionnaires de la Société en 2025.
Deluxe (NYSE: DLX) hat Hugh S. 'Beau' Cummins III in seinen Vorstand gewählt, mit Wirkung zum 21. Februar 2025. Cummins bringt 36 Jahre Erfahrung in der Bankenbranche mit, zuletzt als Vizepräsident und Chief Operating Officer von Truist Financial, wo er die operativen Dienstleistungen, die Unternehmensumwandlung, die Strategie und die Zahlungen überwachte.
Bei Truist spielte Cummins eine wichtige Rolle bei der erfolgreichen Fusion von SunTrust und BB&T, indem er sowohl organisatorische als auch betriebliche Aspekte verwaltete. Derzeit ist er Mitglied des Vorstands der Atrium Health Foundation und hat Abschlüsse von der Miami University und der University of Michigan.
Zusätzlich haben William C. Cobb und Martyn R. Redgrave angekündigt, dass sie sich nicht um die Wiederwahl bei der Jahreshauptversammlung der Gesellschaft im Jahr 2025 bemühen werden.
- Addition of seasoned banking executive with 36 years of industry experience
- Strategic expertise in payments and operational services
- Proven track record in managing large-scale merger integration
- Loss of two board members (Cobb and Redgrave) in 2025
Mr. Cummins, a 36-year banking industry veteran, most recently served as the Vice Chair and Chief Operating Officer of Truist Financial Corporation. In that role, he oversaw operational services, enterprise transformation, enterprise performance acceleration, corporate strategy, corporate development, and venture capital, as well as enterprise payments, governance and controls. He was also a member of Truist’s Operating Council.
“Beau helped chart Truist’s path for the success coming out of the merger of SunTrust and BB&T,” said Cheryl Mayberry McKissack, Chair of the Deluxe Board of Directors. “Not only did he help shape the new organization, but he also ensured that its operations – and its people – came along for every step of the journey.”
“I am incredibly pleased to welcome Beau to the board,” said Barry McCarthy, President and CEO of Deluxe. “His impact on the culture and strategy at Truist have been immeasurable, and his experience in navigating change while ensuring operational excellence is a welcomed addition to our team as we continue to fulfill our promise as a trusted Payments and Data company.”
“During my time at Truist, my goal was always to lead talented teams to achieve results that exceed expectations,” said Cummins. “I look forward to continuing that legacy with Deluxe and its exceptional collection of executives and teammates as the company continues its strategic evolution into a payments and data leader.”
Mr. Cummins currently serves on the board of directors of Atrium Health Foundation. He served on the board of Truist Insurance Holdings and served on Miami University’s Farmer School of Business Advisory Council as well as on Vanderbilt’s Owen School of Business Board of Visitors.
Mr. Cummins earned a bachelor’s degree in business administration from
Deluxe also announced that each of William C. Cobb and Martyn R. Redgrave notified the Board of Directors on January 22, 2025 that each of them has decided not to stand for re-election at the Company’s 2025 Annual Meeting of Shareholders.
About Deluxe Corporation
Deluxe, a trusted Payments and Data company, champions business so communities thrive. Our solutions help businesses pay, get paid, and grow. For more than 100 years, Deluxe customers have relied on our solutions and platforms at all stages of their lifecycle, from start-up to maturity. Our powerful scale supports millions of small businesses, thousands of vital financial institutions and hundreds of the world’s largest consumer brands, while processing more than
View source version on businesswire.com: https://www.businesswire.com/news/home/20250128855473/en/
Brian Anderson, VP, Strategy & Investor Relations
651-447-4197
brian.anderson@deluxe.com
Keith Negrin, VP, Communications
612-669-1459
keith.negrin@deluxe.com
Source: Deluxe Corporation
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