Press release from the issuing company
Long-time executive will also remain President of Checks
MINNEAPOLIS Deluxe, a Trusted Payments and Business Technology™ company, announced that Tracey Engelhardt, President of Checks, has taken on additional responsibilities as Chief of Operations.
Engelhardt has been with Deluxe for nearly 30 years, overseeing the company’s strong position in checking programs for banks, businesses, and consumers. Her extensive knowledge of the industry, as well as deep understanding of the operations and manufacturing process within Deluxe, makes this addition to her portfolio a natural move for the company. Engelhardt, who has been a member of the Deluxe executive team for more than 10 years, is the first woman to run operations for Deluxe in its 107-year history. She will also continue as President of the Checks division.
“Our transformation to becoming a payments and data company is clear,” said Barry McCarthy, President and Chief Executive Officer of Deluxe. “As I have said many times, our growth in these areas is supported by our exceptional Check and Promotional Solutions divisions. Having a leader of Tracey’s caliber become Chief of Operations will help us realize greater efficiencies while continuing to win market share.”
Scott Bomar, Chief Financial Officer for Deluxe added: “Her background and experience in checks is unmatched in the industry and her steady leadership and guidance will help Deluxe continue our record of sales-driven growth while supporting our extensive customer base.”
Deluxe was recently recognized by the University of St. Catherine’s in St. Paul, Minnesota, for its ongoing commitment to gender diversity among its executive leadership team and board of directors. The Minnesota Census of Women in Corporate Leadership report, published by Twin Cities Business, recognizes companies that have significant gender diversity in its leadership positions. In fact, Deluxe is one of the only companies in Minnesota to be recognized for its leadership in this area all 14 years of the survey. Deluxe Chair of the Board of Directors, Cheryl Mayberry McKissack, is also one of only a handful of Black, female board chairs of Fortune 1000 companies.
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