Malvern, Pa. — Cantaloupe, Inc., a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, has named Ravi Venkatesan as chief executive officer, effective October 1, 2022. Venkatesan, who currently serves as Cantaloupe’s COO, will succeed Sean Feeney, who will retire from Cantaloupe on September 30, 2022. Feeney will step down from the board of directors and Venkatesan will join the board of directors, effective October 1, 2022.
“On behalf of the board of directors, I would like to congratulate Ravi on this appointment. During his time as COO, Ravi has launched compelling new product offerings and proven that he is the right person with the vision to lead Cantaloupe as we expand internationally and into adjacent markets,” says Douglas Bergeron, chairman of Cantaloupe. “The board and I are pleased with the work Sean has done to build a sound financial foundation that has delivered growth and profitability, restored customer confidence and given us a stronger competitive position in the industry. We thank him for leading the company through our transformation and wish him well in retirement.”
Venkatesan was named chief operating officer in February 2022 after serving as the chief technology officer since December 2020. Venkatesan brings more than 20 years of experience driving technology and business innovation. Previously, he was head of innovation at Bakkt and chief product officer at Bridge2 Solutions, preceding its sale to ICE.
In addition, the company has named Gaurav Singal as Cantaloupe’s new chief technology officer on September 12. Gaurav joins Cantaloupe from the Georgia Lottery Corporation where he was the executive vice president and CIO responsible for a comprehensive digital transformation.
Cantaloupe, Inc. is a software and payments company that provides end-to-end technology solutions for the unattended retail market. Cantaloupe is transforming the unattended retail community by offering one integrated solution for payments processing, logistics and back-office management. The company’s enterprise-wide platform is designed to increase consumer engagement and sales revenue through digital payments, digital advertising and customer loyalty programs, while providing retailers with control and visibility over their operations and inventory. Customers range from vending machine companies to operators of micro-markets, gas and car charging stations, laundromats, metered parking terminals, kiosks, amusements and more. For more information, visit www.cantaloupe.com.
SOURCE: Cantaloupe, Inc.