Valor PayTech (website), a fast-growing fintech provider of end-to-end, processor-agnostic omnichannel payments solutions, announced the appointment of Eric Bernstein as Chief Executive Officer in addition to his current role as Chief Operating Officer, effective immediately. Bernstein has also been appointed to the company’s board of directors.
“Eric’s leadership and energy have led Valor to its success today,” said Leo Vartanov, Chairman of Valor’s Board of Directors. “The board and I are very confident that he will lead Valor into its next chapter of growth.”
“Eric has done an outstanding job building Valor into a world-class, in-demand omnichannel solutions provider,” said O.B. Rawls IV, Valor strategic advisor and board member. “I look forward to his continued success and taking Valor to even greater heights.”
In his role as Valor’s chief operating officer since the company’s inception, Bernstein has been responsible for leading revenue and strategic growth initiatives and overseeing global operations. Bernstein is a seasoned veteran of the payments industry, having received the Forty Under 40 Award from the Electronic Transactions Association. He has been instrumental in Valor’s rapid growth and prominence in the payments industry by building an impressive roster of technology partners, independent software vendors (ISVs), independent sales organizations (ISOs) and independent channel partners, as well as their merchant customers.
Bernstein commented on his appointment, “Few companies can match the capabilities Valor has, as the company is uniquely positioned to lead the future of payments innovation. I am incredibly honoured to be named Chief Executive Officer and am grateful for the trust that Leo, O.B. and the rest of the Valor Board of Directors have placed in me to chart Valor’s future course.”