Paul Garcia named chair of Deluxe board of directors

Deluxe Corporation (NYSE: DLX) announced the election of Paul R. Garcia as independent chair of its board of directors. Garcia, who has served on the board since 2020, succeeds Cheryl Mayberry McKissack, who announced her retirement earlier this year.

Garcia previously served as chairman and CEO of Global Payments Inc. from 1999 to 2014, and as president and CEO of NaBanco, an electronic credit card processor, from 1982 to 1995. He currently serves as director of United Health Group and Repay Holdings Corporation.

"I am beyond honored by this recognition," Garcia stated in the company's announcement. "This is an extraordinary board for an extraordinary company, and I am proud to step into this role."

Barry McCarthy, president and CEO of Deluxe, said Garcia's experience in the payments sector has been valuable to the company since joining the board.

Garcia has previously served on boards of MasterCard International, The Dun & Bradstreet Corporation, West Corporation, Truist Financial Corporation, and Payment Alliance International, Inc. At Deluxe, he previously chaired the compensation and talent committee.

Deluxe describes itself as a payments and data company that processes more than $2 trillion in annual payment volume and serves small businesses, financial institutions and consumer brands.

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