Cardtronics names new chairman

Photo of Andrea Leinfelder
Woman uses a Cardtronics ATM.
Woman uses a Cardtronics ATM.

Cardtronics, an ATM company with its U.S. headquarters in Houston, announced Thursday that Mark Rossi will be its new chairman.

Effective immediately, Rossi replaces Dennis Lynch who is leaving the board to "avoid even the appearance of a conflict of interest, in light of Mr. Lynch's other board services," according to the news release.

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Rossi has been on the board of directors since November 2010. He is a founder and senior managing director of Cornerstone Equity Investors, a Connecticut-based private equity firm.

He serves on the boards of other companies, too, and previously chaired the board for Maxwell Technologies. He earned an undergraduate degree in economics from Saint Vincent College and an MBA from the J.L. Kellogg School of Management at Northwestern University.

Cardtronics enables cash transactions at about 230,000 ATMs across 10 countries in North America, Europe, Asia-Pacific and Africa.