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Edward (Ed) Labry is President of First Data Commercial Services, which includes the Domestic Merchant, TeleCheck and Prepaid Services units. The Commercial Services Segment aligns related businesses around our key merchant and commercial customers. This unit incorporates all touch points for point-of-sale payment transaction processing, including merchant processing.
Prior to his appointment as President of First Data Commercial Services, Ed was President of the Prepaid Services division with executive responsibility for bringing together First Data’s prepaid efforts to capitalize on the substantial opportunity for growth and consolidation in this industry. Previously, he had responsibility for large merchant initiatives and advising the organization on new point-of-sale opportunities.
When First Data acquired Concord EFS, Inc. in 2004, he was President of this high-growth processing company. He joined Concord in 1984 and over the years, evolved the company beyond payment services for retailers into network services for financial institutions, engineering three strategic acquisitions that propelled Concord to the forefront of the ATM and debit card industry.
Labry currently serves on the boards of Hutchison School and Cumberland University. He previously served on the board for Concord EFS, M.S. Carriers/Swift Transportation, Dixon Gallery and Gardens, Memphis Tomorrow and Children’s Museum of Memphis.
Labry holds a B.S. degree from Cumberland University, which granted him the Award of the Phoenix for Outstanding Service in 2002 and an honorary doctorate in 2003. | 