BFT - Paysafe announces board for post-merger public company

March, 19 2021 08:08 AM Foley Trasimene Acquisition Corp. II Class A

After its merger with Foley Trasimene Acquisition (BFT), Paysafe announced its board effective at the closing of the business combination transaction.The post-merger company board of 11 directors will be led by Chairman Bill Foley."The collective strategic guidance and diversity the directors bring to the table, combined with the deep domain expertise we already possess in specialized payments, will serve us well as we accelerate our global growth strategy as a newly public company," CEO Philip McHugh commented.Anthony Jabbour, named CEO and COO with proven track record of growth and innovation in fintech; he is the CEO of Dun & Bradstreet.Five existing Paysafe board members have been nominated to retain their board positions post-merger which includes CEO Philip McHugh.A special meeting of the Foley Trasimene stockholders has been scheduled for Mar. 25, 2021; transaction is expected to close shortly thereafter subject to Foley Trasimene stockholders approval.On closure, the newly combined company will operate as Paysafe

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Paysafe announces board for post-merger public company

Company Name:	Foley Trasimene Acquisition Corp. II Class A
Stock Symbol:	BFT
Market:	NYSE

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