Priority Technology Holdings, Inc. Appoints Marc Crisafulli to Board of Directors

Rhea-AI Summary

Priority Technology Holdings, Inc. (NASDAQ: PRTH) has appointed Marc Crisafulli as a Director, bringing over 30 years of legal and regulatory experience. Crisafulli previously held senior positions at Bally’s Corporation, Brightstar Corporation, and Suffolk Construction Company. His expertise is expected to enhance Priority's growth in new enterprise payment verticals. Crisafulli holds a bachelor's degree from Boston University and a juris doctorate from Georgetown University, and he will participate on various board committees.

Positive

• Appointment of Marc Crisafulli as a Director expected to enhance growth opportunities.
• Crisafulli brings extensive legal and regulatory experience from previous executive roles.
• His appointment may accelerate the adoption of Priority's unified payments and banking platform.

Negative

• None.

ALPHARETTA, Ga.--(BUSINESS WIRE)-- Priority Technology Holdings, Inc. (NASDAQ: PRTH) ("Priority" or the "Company"), the platform for unified commerce that delivers integrated payments and banking at scale, today announced that its Board has appointed Marc Crisafulli as Director.

Crisafulli is an experienced executive and has over 30 years in legal, compliance and regulatory governance roles with various companies. In his most recent role, Crisafulli served as Executive Vice President, Government Relations, Legal and Regulatory at Bally’s Corporation. Prior to that, Mr. Crisafulli held senior leadership roles with Brightstar Corporation and Suffolk Construction Company and was managing partner at Hinkley Allen & Snyder.

“Marc’s strong legal and regulatory experience is a great fit for Priority as we pursue growth opportunities into new enterprise payment verticals,” said Tom Priore, Chairman and CEO. “We are excited to have Marc join our team and are eager for him to apply his talents and deep relationships to help accelerate adoption of our unified payments and banking platform.”

Crisafulli received his bachelor of arts degree from Boston University and his juris doctrine from Georgetown University. He will serve on the audit, compensation and nominating and corporate governance committees of the Board.

“I have admired Priority’s rapid growth and am thrilled to be a part of such a dynamic team,” said Crisafulli. “Tom’s vision for unified commerce is very forward thinking and I’m excited to contribute.”

View source version on businesswire.com: https://www.businesswire.com/news/home/20221110005923/en/

Priority Investor Inquiries:

Chris Kettmann

ckettmann@lincolnchurchilladvisors.com

(773) 497-7575

Source: Priority Technology Holdings, Inc.

FAQ

Who is the newly appointed Director of Priority Technology Holdings?

Marc Crisafulli has been appointed as the new Director of Priority Technology Holdings.

What experience does Marc Crisafulli bring to Priority Technology Holdings?

Marc Crisafulli brings over 30 years of experience in legal, compliance, and regulatory governance from his roles at Bally’s Corporation and other companies.

What is the expected impact of Marc Crisafulli's appointment on Priority Technology Holdings?

Crisafulli's expertise is expected to strengthen Priority's growth in enterprise payment verticals and accelerate the adoption of its unified commerce platform.

What committees will Marc Crisafulli serve on at Priority Technology Holdings?

Marc Crisafulli will serve on the audit, compensation, and nominating and corporate governance committees of the Board.