Cantaloupe, Inc. Announces Executive Leadership Changes – Latest Digital Transformation Trends | Cloud News – Wire19
Ravi Venkatesan Appointed Chief Executive Officer
Sean Feeney to Retire
Gaurav Singal Hired Chief Technology Officer
MALVERN, Pa. –(BUSINESS WIRE)– Cantaloupe, Inc. (Nasdaq: CTLP) (“Cantaloupe” or the “Company”), a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, today announced the appointment of Ravi Venkatesan as chief executive officer, effective October 1, 2022. Venkatesan, who currently serves as Cantaloupe’s COO, will succeed Sean Feeney, who will retire from Cantaloupe as of September 30, 2022. Feeney will step down from the Board of Directors and Venkatesan will join the Table of Company directors, effective October 1, 2022.
“On behalf of the Panel of Owners, I would like in order to congratulate Ravi on this appointment. During his time as COO, Ravi has launched compelling new product offerings and proven that he is the particular right person with the vision to lead Cantaloupe while we expand internationally and into adjacent markets, ” said Douglas Bergeron, chairman of Cantaloupe. “The Plank and I am pleased with the work Sean has done to build a sound financial foundation that has delivered growth plus profitability, restored customer confidence and given us the stronger competitive position in the industry. We thank him with regard to leading the Company through our transformation and wish him well in retirement. ”
“My two years leading Cantaloupe have been rewarding, because we have strengthened our own operations, grown our customer base plus set trends with cashless and contactless payments. We also built a talented management team that will take the Company into its next phase of growth. Cantaloupe offers an exciting future and Ravi may serve the organization well, ” said Feeney.
Ravi Venkatesan was named chief operating officer associated with Cantaloupe within February 2022 after serving as the chief technologies officer since December 2020. As COO, he has already been responsible for driving business strategy, product innovation and the overall customer experience. A proven leader, Venkatesan brings more than 20 years of experience traveling technology plus business development. Previously, he was head of advancement at Bakkt and chief product officer at Bridge2 Solutions, preceding its sale to ICE. Earlier in his career he spent period as a consultant innovator with Accenture. Venkatesan graduated from Bangalore University with a degree in Electronics and went through a post graduate program in Finance and Information Management from your Management Development Institute.
“I’m honored to be selected as the CEO associated with Cantaloupe, ” noted Ravi Venkatesan. “I am excited and humbled by the particular opportunity to lead this great organization through the next phase of growth and transformation. The self-service economy is still at an early stage, and I is very thrilled about Cantaloupe’s capabilities plus our leadership position to allow us to capitalize on secular long-term growth styles. ”
The Company is pleased to also announce that will Gaurav Singal will sign up for Cantaloupe since its new chief technology officer on September 12. Gaurav joins Cantaloupe through the Georgia Lottery Corporation where he was the professional vice president and CIO responsible regarding a comprehensive digital transformation. Other experiences include serving as the CPO for the last mile at XPO Logistics, the vice chief executive of technologies at Goldman Sachs, and a former founder of a technology startup. Gaurav provides extensive encounter scaling technology companies and driving creativity. Singal managed to graduate in the Indian Institute associated with Technology in Delhi along with a level in Chemical Engineering along with a Master’s in Computer Science from the particular University of Illinois, Chicago.
About Cantaloupe, Inc.
Cantaloupe, Inc. is a software and obligations company that provides end-to-end technologies solutions for the unattended retail market. Cantaloupe is transforming the unwatched retail community by offering one integrated solution intended for payments processing, logistics, plus back-office management. The company’s enterprise-wide platform is designed to increase consumer engagement and sales revenue through digital payments, digital advertising and client loyalty programs, while providing retailers with control and visibility over their operations and inventory. As the result, customers ranging from vending machine companies, in order to operators associated with micro-markets, gas and car charging stations, laundromats, metered parking terminals, kiosks, amusements and more, can run their businesses more proactively, predictably, and competitively. For more information, please visit the website from www.cantaloupe.com .