Company Completes Transition to Majority Independent Board
International Money Express (Intermex), a leading money remittance services company, announced that current director Michael Purcell has been appointed as lead independent director of the Intermex board, effective September 14, 2020.
Read More: The Influence of Mobile Apps WeChat Pay and Alipay Extends Far Beyond China’s Borders
“Michael Purcell has faithfully served the board and the company since he joined the board following the completion of our 2018 merger,” said Bob Lisy, Chairman of the Board, Chief Executive Officer and President. “Michael’s new role as the company’s first lead independent director is important to help guide the majority independent board and will provide critical leadership and counsel to me and the other board members,” Lisy added.
“I am excited to accept this new challenge and leadership position on Intermex’s board,” said Michael Purcell. “I look forward to working closely with Bob Lisy and the rest of the board to continue the strengthening of our corporate governance, to provide insight and to help drive the company forward on its path of growth and success.”
Read More: Options Announces Expansion into Gemini Cryptocurrency Exchange
Intermex also announced that Robert Jahn and Stephen Paul, each of whom has served as a board member since 2018, will be retiring from the board effective September 14. The board of directors will then consist of Bob Lisy, Adam Godfrey and Justin Wender, as well as independent directors, Kurt Holstein, Chris Lofgren, Michael Purcell and John Rincon.
“I would like to thank Robert Jahn and Stephen Paul for their years of service and contributions to the board and Intermex,” said Bob Lisy. “Their guidance and leadership has been critical in helping the company grow and transition from a private to a public company.”
Read More: BillingPlatform Increases Standing in MGI 360 Ratings Report for Agile Monetization Solutions
