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John Crawford Joins Paysafe as New CFO, Succeeding Alex Gersh

Key Highlights:

  • John Crawford named Paysafe’s new Chief Financial Officer, effective immediately.

  • Alex Gersh transitions into an advisory role to the CEO after serving as CFO for two years.

  • Crawford brings significant experience from FIS, where he oversaw over 25 key deals.

  • Paysafe aims to scale business and explore new growth opportunities under Crawford’s leadership.

Source (Business Wire)

Notable Quotes:

"John is an outstanding leader with exceptional financial acumen, strategic vision, and a true business mindset."

Bruce Lowthers, CEO at Paysafe

"I am eager to collaborate with the team to uncover new opportunities to accelerate growth while maintaining financial discipline."

John Crawford, CFO at Paysafe

"I am grateful for the opportunity I’ve had to contribute to our transformation and would like to thank the Paysafe team for working tirelessly with me."

Alex Gersh, Former CFO at Paysafe

Our Take:

The appointment of John Crawford as CFO marks a pivotal moment for Paysafe as it enters a new phase of growth and strategic development. Crawford’s extensive experience in M&A and corporate finance positions him as a strong fit to drive Paysafe’s future initiatives. With Gersh staying on in an advisory capacity, the company is ensuring a smooth transition and sustained focus on its transformative objectives. This leadership shift is poised to strengthen Paysafe’s competitive stance in the global payments industry.