WEST CHESTER, Pa. — MEI, a developer of unattended payment systems, has appointed Ian McCormick to the newly created position of Executive Vice President — Retail. McCormick will lead the retail channel with responsibility for product development, marketing, sales and service worldwide.
McCormick's appointment is part of MEI's initiative to continue its success in retail and extend its payment technologies into new banking and financial service applications.
"Retail and banking are exciting areas of growth for us and we are committed to developing new products and services for these sectors" said Mike Hayes, chief executive of MEI. "Ian brings to MEI a wealth of experience and a track record of success. We are excited to add his leadership skills to our senior management team."
McCormick comes to MEI with more than 17 years of international leadership in the payment management marketplace.
MEI's Retail Channel provides cash payment solution systems to OEMs, developers and integrators for retail cash safes, kiosks, self-service checkout systems and other automated payment terminals.
