IPC appoints Kurt Adams as CEO as Bob Santella departs

IPC has appointed Kurt Adams as CEO, Stuart C. Harvey, Jr. as Chairman, and added Michael Chin to the board.

IPC has announced the appointment of Kurt Adams as Chief Executive Officer, Stuart C. Harvey, Jr. as Chairman of IPC’s Board of Directors, and the addition of Michael Chin as an IPC Board Member.

Succeeding Bob Santella as CEO, Kurt Adams enters the new role after more than 25 years of leadership experience in the financial and technology industries, most recently serving as CEO of Optum Financial.

Prior to joining Optum in 2019, Adams was group president and CEO of corporate payments for Fleetcor Technologies, Inc. He has also held leadership roles at U.S. Bank, Elavon Financial Services, Piper Sandler and the ABN AMRO Bank.

“The future of IPC is extremely bright”

Jonathan Waggoner, Managing Director at SVP, said: “We want to thank Bob for his leadership and partnership over the last six years. With SVP becoming the sole owner of IPC, this is an opportune time for Bob to pass the torch to Kurt, who is well suited to lead IPC through its next stage of growth. We are excited to work with Kurt on this exciting journey, and are grateful for Bob’s contributions to help IPC become the business it is today.”

Kurt Adams, incoming CEO at IPC, commented: “I am excited to embark on this journey with IPC’s dedicated team. Our focus will remain on delivering exceptional value to our customers by expanding upon our innovative trading technology to create a more connected experience, and fostering a culture of customer-centricity to remain at the forefront of the financial services industry.”

Bob Santella, the departing chief executive stated: “The future of IPC is extremely bright. I depart with the deepest appreciation for the support I received from our owners, Board of Directors, and an incredible team of employees across the globe who strive to deliver the best products and customer service in the industry.”

Stuart Harvey was named Chairman of the Board. His multifaceted background spans capital markets, financial technology, payments, and related software businesses. He has previously served as CEO of Elavon Global Acquiring and Ceridian Corporation and as president of Piper Sandler. Stuart has also chaired the board of directors of Paysafe Group and Wageworks and serves as the current Chairman of Flowbird (Paris, FR) and Weave Communications.

Michael Chin, who was appointed board member, currently serves as CEO at DUCO and has been a part of leading organizations such as Broadway Technology, Refinitiv, Mantara, TradingScreen, and JP Morgan. Michael’s industry experience and expertise in innovation bolsters IPC’s position for future success.