News

After big year, ATMequipment.com promotes new executive to lead expansion

February 10, 2010

After a year in which the company more than doubled its revenues, ATMequipment.com has a new president. ATMequipment.com parent company Grant Victor recently announced the promotion of Alicia Ridley to president.

ATMequipment.com co-owner, founder and now-former president Burt Matthews has become president of a new Grant Victor company called OptConnect, an ATM wireless communication provider.

"We've experienced phenomenal growth over the past several years," said Tim Matthews, CEO of Grant Victor. "Growth of this magnitude allows us to expand our presence in the marketplace and set the company up for the next phase of our business plan. We have great confidence in Alicia as she takes the helm of one of our flagship companies."

Last year ATMequipment.com saw a more than 100 percent growth increase over 2008 revenues, and the company recently was ranked No. 16 in the Utah 100 Festest Growing Companies.