Brad Townsend to prepare TransCard for future growth?

Brad Townsend to prepare TransCard for future growth?
In anticipation of more profitable business to be conducted starting this year TransCard, a leading provider of prepaid debit card solutions branded with MasterCard, Discover Network and STAR associations, made an appointment of a new Chief Financial Officer. The company hired former CFO at Advanced Interactive Systems Brad Townsend to take the seat.

"Adding Brad to our team is one part of a multifaceted initiative to streamline our corporate structure and better prepare us for future growth," says Craig Fuller, CEO of TransCard. "TransCard faces exponential expansion in 2009, with Brad being responsible for ensuring TransCard has the capital to fund its growth as well as managing our existing financial and accounting divisions. We are excited about his accomplished résumé and look forward to a very profitable year under his leadership."

With 20 years of professional experience including 16 of those in management positions-in publicly and privately held firms in a variety of strategic financial and accounting roles Townsend is expected to contribute to the company growth. Previously Townsend served as the CFO at Advanced Interactive Systems and held senior positions at SafeNet, VectorSGI, McAfee and Delta Airlines. Townsend also has considerable experience related to Department of Defense and federal agencies with extensive experience guiding the M&A process for large and small organizations as both buyer and seller.

Source: TransCard