{"id":781144,"date":"2023-08-30T16:33:15","date_gmt":"2023-08-30T20:33:15","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/csg-announces-management-team-changes\/"},"modified":"2023-08-30T16:33:15","modified_gmt":"2023-08-30T20:33:15","slug":"csg-announces-management-team-changes","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/csg-announces-management-team-changes\/","title":{"rendered":"CSG Announces Management Team Changes"},"content":{"rendered":"

<\/p>\n

CSG Announces Management Team Changes<\/b><\/p>\n

Company Reiterates All 2023 Financial Guidance Targets<\/b><\/p>\n

DENVER–(BUSINESS WIRE<\/a>)–CSG<\/a>\u00ae<\/sup> (NASDAQ: CSGS) today announced that Ken Kennedy, Chief Operating Officer & President of Revenue Management & Digital Monetization, and Dave Schaaf, Chief Accounting Officer and Treasurer, will be departing CSG. Lori Szwanek will rejoin CSG as the next Chief Accounting Officer in September 2023.<\/p>\n

\n\u201cCSG is a culture-first company because of leaders like Ken and Dave who have brought excellence and impact for two decades. On behalf of the Board of Directors and the entire CSG team, we thank both leaders for their immeasurable contributions,\u201d said Brian Shepherd, President and CEO, CSG.<\/p>\n

\nMr. Shepherd added, \u201cDuring transitions like this, it is normal to assess whether the changes imply an underlying problem or an opportunity to elevate our performance even more. To be clear, there is no problem. CSG just posted our best first-half organic revenue growth in nearly two decades, and we are pleased to reiterate the raised guidance we provided on our Q2 earnings call. Ken and Dave both contributed meaningfully to these excellent results and they also helped develop a fantastic bench of proven leaders, who are ready to accelerate CSG\u2019s top and bottom-line growth in the years ahead.\u201d<\/p>\n

\n\u201cA key to CSG\u2019s faster revenue growth is our ongoing effort to move decision-making closer to the customer and to simplify how we do business,\u201d Shepherd shared. \u201cThese foundations also underpin our commitment to continuously work to expand our operating leverage. Consistent with this and as part of a smooth transition, Ken\u2019s role will not be replaced as his responsibilities will be assumed by existing CSG executive officers and senior leaders.\u201d<\/p>\n

\n\u201cOn behalf of the CSG Audit Committee and the broader CSG Team, I would like to also thank Dave for his excellent contributions to our finance team for over two decades,\u201d said Hai Tran, Executive Vice President and CFO, CSG. \u201cOn behalf of all the CSGers who know and value Lori so much, we couldn\u2019t be more excited to welcome her back to the CSG family when she assumes ownership of our accounting function as Chief Accounting Officer.\u201d<\/p>\n

\nMs. Szwanek brings over 30 years of accounting, finance and business experience, having most recently served as Chief Accounting Officer at Orion Advisor Solutions. Prior to that, she held a variety of roles over 25 years in CSG\u2019s accounting function, including most recently as Global Controller.<\/p>\n

\nMr. Kennedy has agreed to remain with the company in an advisory role through the end of 2023. Mr. Schaaf has agreed to remain with the company in an advisory role until April 1, 2024.<\/p>\n

About CSG<\/b><\/p>\n

\nCSG empowers companies to build unforgettable experiences, making it easier for people and businesses to connect with, use and pay for the services they value most. Our customer experience, billing and payments solutions help companies of any size make money and make a difference. With our SaaS solutions, company leaders can take control of their future and tap into guidance along the way from our fiercely committed and forward-thinking CSGers around the world.<\/p>\n

\nWant to learn more about how to be a change-maker and industry shaper like our 1,000-plus clients? Visit csgi.com<\/a> to learn more.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230830994041\/en\/<\/a><\/span><\/p>\n

\nTammy Hovey
\n
External Communications
\n
+1 (917) 520-2751
\n
tammy.hovey@csgi.com<\/a><\/p>\n

\nJohn Rea
\n
Investor Relations
\n
+1 (210) 687-4409
\n
john.rea@csgi.com<\/a><\/p>\n

KEYWORDS:<\/b> Colorado United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Payments Professional Services Technology Fintech Software<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
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CSG Announces Management Team Changes Company Reiterates All 2023 Financial Guidance Targets DENVER–(BUSINESS WIRE)–CSG\u00ae (NASDAQ: CSGS) today announced that Ken Kennedy, Chief Operating Officer & President of Revenue Management & Digital Monetization, and Dave Schaaf, Chief Accounting Officer and Treasurer, will be departing CSG. Lori Szwanek will rejoin CSG as the next Chief Accounting Officer in September 2023. \u201cCSG is a culture-first company because of leaders like Ken and Dave who have brought excellence and impact for two decades. On behalf of the Board of Directors and the entire CSG team, we thank both leaders for their immeasurable contributions,\u201d said Brian Shepherd, President and CEO, CSG. Mr. Shepherd added, \u201cDuring transitions like this, it is normal to assess whether the … <\/p>\n

Continue reading “CSG Announces Management Team Changes”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-781144","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCSG Announces Management Team Changes - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/csg-announces-management-team-changes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CSG Announces Management Team Changes - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CSG Announces Management Team Changes Company Reiterates All 2023 Financial Guidance Targets DENVER–(BUSINESS WIRE)–CSG\u00ae (NASDAQ: CSGS) today announced that Ken Kennedy, Chief Operating Officer & President of Revenue Management & Digital Monetization, and Dave Schaaf, Chief Accounting Officer and Treasurer, will be departing CSG. Lori Szwanek will rejoin CSG as the next Chief Accounting Officer in September 2023. \u201cCSG is a culture-first company because of leaders like Ken and Dave who have brought excellence and impact for two decades. On behalf of the Board of Directors and the entire CSG team, we thank both leaders for their immeasurable contributions,\u201d said Brian Shepherd, President and CEO, CSG. 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