07/24/2015

Burroughs, Inc. announces Larry McCarter as Chief Executive Officer

PLYMOUTH, Mich., July 24, 2015 /PRNewswire/ -- Burroughs, Inc., the largest independent technology product and services company in the U.S. Financial and Retail market, today has named Larry McCarter as the new Chief Executive Officer, effective immediately.

Burroughs, Inc. has become a market leader in cash and check automation products, services and solutions since being reborn in February 2010 with over 80,000 ATM's, 25,000 Cash Management and 250,000 check and server products under contract.

Larry has had a distinguished 30 year career with Burroughs and formerly Unisys in both the Technology Products and recently Technology Services businesses.  He brings a passion for operational excellence and business growth to lead the Burroughs team and build value for its stakeholders.

"Burroughs resonates a reputation of superior technology delivered by great people, quality service and market leading products and solutions.  The merger of Burroughs Payment Systems, TRM/Solvport, Absolute ATM, and now Pendum brings together incredible talent, processes, and capability that is unmatched in the Cash Management and Check Solutions industry.  Each company on their own had great achievements but together we are so much more powerful.  We have yet to see our full potential and collective impact on the market." said Larry McCarter. "I look forward to working with Burroughs employees, customers and business partners to achieve profitable business growth."