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ATLANTA - Repay Holdings Corporation (NASDAQ:RPAY), a payment processing solutions provider, announced Monday the appointment of Robert Houser as Chief Financial Officer, effective September 8, 2025.
Houser joins REPAY from Conduent Incorporated (NASDAQ:CNDT), where he served as Group CFO of the Public Sector and Advisor. According to InvestingPro data, Conduent has faced challenges with a 14% revenue decline and significant debt burden, trading at just 0.52 times book value. He previously held the position of Global Head of Strategy, Corporate Development and Advisor to CEO at Conduent.
Prior to his tenure at Conduent, Houser spent seven years at Fiserv, Inc. (NYSE:FI) in various leadership roles including Senior Vice President, General Manager, and CFO across multiple divisions. His earlier career included positions at Integra Lifesciences, Inc. (NASDAQ:IART), Firmenich, Bristol-Myers Squibb Co. (NYSE:NMY), and Merck & Co Inc. (NYSE:MRK).
Houser began his career as an auditor at KPMG LLP and holds an MBA and bachelor’s degree in accounting from Rider University.
"Rob brings over a decade of divisional CFO and operational experience within the payment industry to help him contribute immediately," said John Morris, Co-Founder and CEO of REPAY, in the press release statement.
With Houser’s appointment, Thomas Sullivan, who has been serving as interim CFO, will return to his role as Chief Accounting Officer.
REPAY provides integrated payment processing solutions to verticals with specific transaction processing requirements, with technology that aims to reduce the complexity of electronic payments for clients. For detailed financial analysis and exclusive insights on companies in the payment processing sector, visit InvestingPro, featuring comprehensive research reports on over 1,400 US stocks.
In other recent news, Conduent Inc reported its Q2 2025 earnings, showcasing a mixed performance. The company achieved an earnings per share (EPS) of -$0.13, which exceeded analysts’ expectations of -$0.15. However, Conduent fell short of its revenue forecast, posting $754 million compared to the anticipated $777 million. These developments come amid investor optimism, driven by the company’s strategic initiatives and improvements in cost management. Additionally, there have been no recent analyst upgrades or downgrades reported for Conduent. The company’s financial results highlight a focus on enhancing operational efficiency despite the revenue shortfall. These recent developments reflect the ongoing efforts by Conduent to navigate current market conditions.
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