National Processing Company Hires Senior Vice President to Grow Direct Marketing Initiatives
LOUISVILLE, Ky., May 24 -- National Processing Company (NPC®) a leading provider of merchant credit card processing and a wholly owned subsidiary of National Processing, Inc. (NYSE: NAP) announced today the appointment of Laurent ``Larry`` F. Bouchard to serve as senior vice president - Direct Marketing. Bouchard, who will report to Mark Pyke, executive vice president of Merchant Services, will provide leadership and strategic direction as NPC aggressively expands into the direct marketing segment.
Prior to joining NPC, Bouchard held senior positions at leading companies in the acquiring industry. Most recently, Bouchard oversaw product development at Paymentech and prior to that served as Portfolio Manager for Litle & Company.
``With more than three decades of experience in the merchant services industry, Larry brings valuable knowledge and direction to NPC with regard to the direct marketing industry,`` stated Mark Pyke, executive vice president of Merchant Services for NPC. ``Larry`s experience in product development and specifically direct marketing will serve NPC well as we continue to grow our existing merchant base.``
``I`m proud to join one of the leading merchant processing companies in the world,`` said Larry Bouchard, senior vice president - Direct Marketing for NPC. ``My goal is to build upon the strong foundation NPC has established within the industry, and help take it to the next level.``
About National Processing, Inc.
National Processing, Inc. through its wholly owned operating subsidiary, National Processing Company (NPC®) is a leading provider of merchant credit card processing. National Processing is 87 percent owned by National City Corporation (NYSE: NCC; www.nationalcity.com ), a Cleveland based $91 billion financial holding company. NPC supports over 500,000 merchant locations, representing nearly one out of every five Visa® and MasterCard® transactions processed nationally. NPC`s card processing solutions offer superior levels of service and performance and assist merchants in lowering their total cost of card acceptance through our world-class people, technology and service. Additional information regarding National Processing can be obtained at www.npc.net .
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