Repay Holdings appoints Parthenon Capital’s Zach Sadek to board
RPAY•Background to the appointment
- The appointment follows a cooperation agreement with Parthenon Capital, one of the company’s largest shareholders, aimed at improving performance.
Board appointment and composition
- Repay Holdings appointed Zachary F. Sadek to its board, effective immediately, expanding the board to seven directors.
- Sadek is a senior partner at Parthenon Capital Partners, bringing more than two decades of payments, fintech, business services, and software investment experience.
- The board now includes six directors classified as independent under Nasdaq guidelines.
