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Blackhawk Network Announces Management Changes
PLEASANTON, CA, Aug 18, 2010 (MARKETWIRE via COMTEX) --
Blackhawk Network, a leading provider of prepaid and financial
payments products, today announced that Don Kingsborough has been
appointed the company's executive chairman of the Board of Directors.
Under Kingsborough's stewardship, as a founder and CEO, Blackhawk has
grown to become one of the world's leading prepaid card providers for
consumers through a vast network of grocery, drug, convenience and
mass retailers. Kingsborough's role as executive chairman will allow
him to focus on exploring new business opportunities, rather than day
to day operations.
In conjunction with this move, William Y. Tauscher will assume the
position of chief executive officer. Tauscher brings his substantial
business experience to Blackhawk Network as the company moves into a
new phase of growth and operations. Tauscher, formerly Blackhawk's
executive chairman, has served as managing member of the Tauscher
Group, a company that invests and assists in the management of
enterprises involved with home products, transportation,
telecommunications and real estate. Tauscher's proven track record
includes taking companies the size of Blackhawk Network and growing
them into large successful entities.
About Blackhawk Network
Blackhawk Network is a leading provider of
prepaid and financial payments products for consumers and businesses.
The company's Gift Card Mall(TM) offers the industry's most popular
prepaid gift card and telecom products. Gift Card Mall reaches more
than 165 million people each week through an exclusive network of
leading grocery, big box, convenience, drug, and specialty stores and
is available through Internet retailers including GiftCardMall.com.
Blackhawk Network's business solutions include reward and incentive
programs that offer choice and flexibility through a wide array of
card brands, custom designed Visa(R) prepaid cards and fulfillment
options.
Headquartered in Pleasanton, California, Blackhawk Network has
offices in the United States, Australia, Canada, France, Japan,
Mexico and the United Kingdom. For more information about Blackhawk
Network visit www.blackhawknetwork.com and www.giftcardmall.com
Media Contact:
Meghan Fintland
MWW Group
415-262-5951 (office)
415-202-4339 (mobile)
Email Contact
SOURCE: Blackhawk Network
http://www2.marketwire.com/mw/emailprcntct?id=242E71E0C57AE9BA
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