3 longtime PAI execs resign en bloc
Three top executives at Payment Alliance International resigned en bloc yesterday: President and CEO John J. Leehy III; Executive Vice President and Chief Operating Officer Gregory W. Sahrmann; and Senior Vice President and Chief Payments Officer Donna L. Embry.
The three are widely credited for their work over the past 13 years to make PAI the largest privately-held ATM provider in the U.S., with more than 75,000 ATMs across the country.
Leehy, Sahrmann and Embry "cautiously" decided to leave the company they've served since 2005, effective immediately, according to one report. The reason for the resignations is not yet clear; ATM Marketplace is pursuing additional information.
Over the past several years, PAI and its executives received numerous awards and honors:
- In 2017 PAI was recognized as Business of the Year. Next week, PAI will be recognized as a Best Places to Work for the fourth consecutive year.
- John Leehy is president of the global board of directors for the Automated Teller Machine Industry Association and is also acting chairman of the Electronic Funds Transfer Association board of directors.
- Donna Embry is co-chair of the ATMIA US regional board of directors.
- Donna Embry was recently honored with the international 2018 PayTech Leadership Award. This global award is given to the individual judged to be most influential in advancing business practices and program innovations in the field of payment technologies.
- John Leehy was recently honored as 2018 EY Entrepreneur of the Year for the east central region of the United States (KY, OH, PA, WV). The awards program has run for 32 years in 145 cities and 60 countries. John is also a finalist for 2018 National EY Entrepreneur of the Year, which will be awarded this fall to one individual selected from among the regional winners.
Companies: Payment Alliance International