Crane NXT (CXT) has provided an update.
Crane NXT, Co. has appointed Michael Mahan as the President of Crane Payment Innovations, effective July 8, 2024. Mahan is tasked with spearheading growth strategies and fostering innovation while utilizing the Crane Business System to enhance operational efficiency. His appointment coincides with the retirement announcement of Kurt Gallo, the current Senior Vice President and interim President, who will retire on February 28, 2025, after a planned leadership transition period.
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