Priority Promotes Ranjana Ram to Chief Operating Officer

Rhea-AI Summary

Priority Technology Holdings (NASDAQ: PRTH) has announced the promotion of Ranjana Ram to Chief Operating Officer. Previously the Executive Vice President of Corporate Development, Ram has been instrumental in leading transaction activities since the company's inception, including its 2018 public offering. With over 18 years of experience in banking and payments, her role will involve company-wide leadership and strategic implementation. Tom Priore, CEO, highlighted her operational excellence and strategic focus as key factors in her promotion.

Positive

• Ranjana Ram's promotion may enhance operational leadership and strategic execution.
• Her experience in leading transaction activities could signify continued growth.

Negative

• None.

ALPHARETTA, Ga.--(BUSINESS WIRE)-- Priority Technology Holdings (Priority) (NASDAQ: PRTH), a leading payments technology company helping customers collect, store and send money, today announced the promotion of Ranjana Ram from Executive Vice President of Corporate Development to Chief Operating Officer. As Chief Operating Officer, Ms. Ram will provide company-wide leadership, team management and vision as she oversees the implementation of Priority’s forward-focused strategies.

Ranjana Ram (Photo: Business Wire)

“Ranjana is exceptionally qualified for this role and in many ways her promotion recognizes the pivotal role she has already played,” said Tom Priore, Chairman and Chief Executive Officer of Priority. “She most recently served as Executive Vice President of Corporate Development, successfully leading all of Priority’s transaction activity since the company’s inception, including our 2018 public offering. She is a change agent and a strategist and her relentless focus and keen ability to achieve operational excellence is what makes this promotion a natural progression for Ranjana in her career, as well as for Priority.”

With over 18 years of experience in banking and payments, Ram has worked with nearly every aspect of Priority’s business, including payment operations in both SMB the B2B payments business units. Prior to her tenure at Priority, Ram worked at Institutional Credit Partners and at Credit Suisse focused on financial analysis, investment banking and structured credit securitizations. Ram is a CFA charterholder and graduate of the University of Michigan.

About Priority Technology Holdings, Inc.

Priority is a payments powerhouse driving the convergence of payments and banking. The company has built a single platform to collect, store, and send money that operates at scale. We help our customers take and make payments while managing business and consumer operating accounts to monetize payment networks. Our tailored, agile technology powers high-value, payments products bolstered by our industry-leading personalized support. Additional information can be found at www.PRTH.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220718005653/en/

Dave Faupel

Chief Marketing Officer - Priority

dave.faupel@prth.com

(404) 202-9765

Source: Priority Technology Holdings

FAQ

What is the recent promotion at Priority Technology Holdings (PRTH)?

Ranjana Ram has been promoted to Chief Operating Officer.

What was Ranjana Ram's position before becoming COO at PRTH?

She was the Executive Vice President of Corporate Development.

How long has Ranjana Ram worked in the payments industry?

She has over 18 years of experience in banking and payments.

What significant event did Ranjana Ram lead at Priority Technology Holdings?

She led all of Priority’s transaction activity, including the 2018 public offering.

Who is the CEO of Priority Technology Holdings (PRTH)?

Tom Priore is the Chairman and Chief Executive Officer.