Michael Wasserfuhr | Executive Profile | ATLANTA TREND
Michael Wasserfuhr New CFO of Worldpay US
By Staff Writer
Worldpay US announced on April 16th that it has hired Michael Wasserfuhr as Chief Financial Officer. The announcement comes as the payments technology company continues its rapid expansion, including two acquisitions in two years, relocating its U.S. headquarters to Midtown Atlanta and implementing plans to nearly double its workforce.
“Michael’s extensive expertise in finance and technology will help us keep our customers ahead as the leaders in modern money and continue our rapid growth.”
“We are excited to add Michael to our team as we accelerate the company’s shift from traditional processor to multichannel payments integrator,” said Worldpay US President and CEO Tony Catalfano. “Michael’s extensive expertise in finance and technology will help us keep our customers ahead as the leaders in modern money and continue our rapid growth.”
“Worldpay is a dynamic and forward-looking company, and I’m thrilled to join its leadership team,” Wasserfuhr said. “This is a great opportunity to help the company stay at the forefront of innovation in payments technology.”
Before joining Worldpay, Wasserfuhr was Chief Financial Officer at Ingenico North America. He previously held similar senior executive positions with Putzmeister America and TUV Rheinland of North America.
Wasserfuhr also serves as the Finance Director for the American Transaction Processors Coalition, the industry group representing Georgia’s payment processing companies, including Worldpay US, and is a member of TAG FinTech’s Steering Committee. He previously served as an outside Director to the German American Chamber of Commerce of the Midwest.
Wasserfuhr holds an MBA and PhD from Justus-Liebig-Universität Giessen and is a registered CPA. He was born in Germany and holds dual citizenship. He lives with his wife and two daughters in Atlanta.
Worldpay is a leading global payments technology and services company, which allows merchants to accept payments anywhere in the world, across any channel. Headquartered in London and operating in over 30 countries, the company offers services across the entire payments value chain, including transaction capturing, merchant acquiring and transaction processing.
In 2014, the business processed a total of 10.7 billion transactions with a value of more than half a trillion dollars, making it one of the largest payments companies in the world. The company employs over 4,700 people in markets throughout the US, Europe and Asia.
Worldpay is owned by private equity firms Advent International and Bain Capital alongside management and employees.
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