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Priority Technology Holdings, Inc. (PRTH)

NasdaqCM - NasdaqCM Real-time price. Currency in USD
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6.30+0.27 (+4.48%)
At close: 04:00PM EDT
6.30 0.00 (0.00%)
After hours: 04:01PM EDT

Priority Technology Holdings, Inc.

2001 Westside Parkway
Suite 155
Alpharetta, GA 30004
United States
404 952 2107
https://www.prth.com

Sector(s)Technology
IndustrySoftware - Infrastructure
Full-time employees974

Key executives

NameTitlePayExercisedYear born
Mr. Thomas Charles PrioreExecutive Chairman, President & CEO2.94MN/A1969
Mr. Timothy O'LearyChief Financial Officer673.2kN/A1973
Mr. Bradley J. MillerGeneral Counsel, Chief Risk Officer & Corporate Secretary575.7kN/A1971
Ms. Ranjana RamChief Operating Officer422.75kN/A1983
Mr. Rajiv KumarSenior VP & Chief Accounting OfficerN/AN/AN/A
Mr. Yi SunChief Technology OfficerN/AN/AN/A
Mr. David FaupelChief Marketing OfficerN/AN/A1971
Mayrov EaganSenior Vice President of Human ResourcesN/AN/AN/A
Mr. Sean M. KiewietChief Strategy OfficerN/AN/A1972
Anthony Martin BonventreExecutive Vice President of OperationsN/AN/AN/A
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Priority Technology Holdings, Inc. operates as a payment technology company in the United States. The company operates through three segments: Small and Medium-Sized Businesses (SMB) Payments, Business-To-Business (B2B) Payments, and Enterprise Payments. It offers SMB payments processing solutions for B2C transactions through independent sales organizations, financial institutions, independent software vendors, and other referral partners through its MX product suite, which includes MX Connect and MX Merchant products, such as MX Insights, MX Storefront, MX Retail, MX Invoice, MX B2B and ACH.com, and others, which provides flexible and customizable set of business applications that helps to manage critical business work functions and revenue performance to resellers and merchant clients using core payment processing. The company also offers CPX, a platform that offers accounts payable automation solutions, including virtual card, purchase card, ACH +, dynamic discounting, or check. In addition, it provides curated managed services; payment-adjacent technologies to facilitate the acceptance of electronic payments from customers; and Plastiq payables management software, which helps businesses in improving cash flow with instant access to working capital. Further, the company offers embedded finance and BaaS solutions to enterprise customers to modernize legacy platforms and accelerate software partners' strategies to monetize payments; and managed services solutions that provide audience-specific programs for institutional partners and other third parties; and consulting and development solutions. It serves SMB, and enterprises, as well as distribution partners, including retail and wholesale independent sales organizations, financial institutions, and independent software vendors. The company was founded in 2005 and is headquartered in Alpharetta, Georgia.

Corporate governance

Priority Technology Holdings, Inc.’s ISS governance QualityScore as of 1 October 2024 is 6. The pillar scores are Audit: 7; Board: 8; Shareholder rights: 5; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.