Cardtronics Names Rathgaber As New CEO

Cardtronics Inc. today named Steven A. Rathgaber as its new CEO, replacing Jack M. Antonini, who left the Houston-based company in March.

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Rathgaber, president and chief operating officer NYCE Payments Network LLC, will join the ATM independent sales organization Feb.1. Rathgaber also was elected to the company’s board of directors. NYCE is a wholly owned subsidiary of Fidelity National Information Services Inc.

“The opportunity to join Cardtronics at this point in the company’s evolution was one I could not pass up,” Rathgaber said in a statement. “Having spent almost three decades working in the payments industry, I can tell you that Cardtronics is well-positioned to expand the breadth and depth of the financial-services products it currently offers.”

Cardtronics took its time before deciding on Rathgaber. “After an extremely thorough search process, we found an outstanding leader with a sustained track record of exceeding established and operational and financial goals,” Fred R. Lummis, Cardtronics chairman and acting CEO, said in a statement.

Cardtronics operates or manages more than 33,000 ATMs in the United States, United Kingdom, Mexico and Puerto Rico. The company also owns Bethesda, Md.-based Allpoint, the nation’s largest surcharge-free ATM network.

 


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