Cardtronics Inc. is reorganizing its U.S. operations and its management structure, the ATM independent sales organization announced Oct. 18.
The Houston-based company has split the U.S. business into two groups. One arm focuses on network and financial services, and the other focuses on ATM services.
Rick Updyke, who joined Cardtronics in 2007 when the company purchased the financial services business of 7-Eleven Inc., is leading the two groups.
“With this new organizational structure, we are simply looking to realign those talented resources within the company to provide for further visibility into, and responsibility for, the company’s key business and strategic initiatives,” Steve Rathgaber, Cardtronics’ chief executive, said in a press release.
The changes should help Cardtronics “not only achieve, but also exceed, its expected revenue and profit growth targets,” Rathgaber said.
