CORAL SPRINGS, Fla. – August 1, 2023: Verifone, a leading global provider of payment solutions, announces that Mike Kohlsdorf has joined the company as CEO, succeeding Mike Pulli, who is stepping down after five years with the organization.
Under Pulli’s leadership the Company went through a critical transformation from a provider of payment terminals and related legacy services to a modern FinTech platform with cloud-based payment software and services in over 165 countries. Today the Verifone platform processes over 12B transactions worth over $500B on physical and digital channels each year. “I am so proud of our people, products, and positioning in the market. Our amazing customers have given Verifone incredible support as they launched our solutions and endorsed our strategy,” said Pulli.
Kohlsdorf has been an advisor to the Verifone team since 2018 and brings more than 30 years of experience in executive management roles in public and privately held technology companies. He has been a senior Operating Partner affiliated with Francisco Partners since 2011 and has successfully served as CEO of eight Francisco Partners portfolio companies.