Highest-materiality recent filing
CPI appoints Brennan Hughes as Chief Accounting Officer, effective Aug 24, 2026
Hughes previously SVP, CAO and Treasurer at Janus Henderson; most recently Director of Finance and IR at Artisan Partners.
CPI Card Group Q2 revenue up 15% to $149M, net income up 294%, raises FY guidance
Revenue $149.2M (+15% YoY); net income $2.0M (+294%); Adjusted EBITDA $24.1M (+7%).
CPI Card Group redeems $26.5M of $265M 10% senior secured notes due 2029
Redeeming $26.5M of $265M aggregate principal of 10.000% senior secured notes due 2029.
CPI Card Group appoints Terra Grantham as permanent CFO, effective June 29
Terra Grantham appointed permanent CFO effective June 29, 2026; she served as interim CFO since February 2026.
All 8 director nominees elected: Furey, Lowe, Mallela, Oleson, Peters, Riley, Sheinbaum, Soranno Keating.
CPI Q1 revenue +20% to $147M, Adj. EBITDA +9%; affirms FY outlook
Revenue $147.1M (+20% YoY); net income $2.1M (-57%) due to $3M Arroweye integration costs.
CPI posts record Q4 revenue of $153M, up 22% YoY; guides high-single-digit revenue growth for 2026
Q4 revenue $153.1M (+22% YoY); net income $7.4M (+9%); Adjusted EBITDA $29.4M (+34%).
CPI Card Group CFO Jeffrey Hochstadt departs; Terra Grantham named Interim CFO
Jeffrey Hochstadt ceased as CFO effective Feb 13, 2026; will remain as advisor through June 30, 2026.
Tricor Family Office bought 1.9M shares (now ~20% ownership); Chairman Sandy Riley bought 0.2M shares.
Q3 net sales $138.0M (+11% YoY); net income $2.3M (+78%); diluted EPS $0.19.
CPI Card Group Q2 net sales up 9% to $129.8M; net income plunges 91% to $0.5M
Net sales $129.8M (+9% YoY, +15% ex one-time accounting change); Debit & Credit segment rose 16% led by Arroweye and metal cards.
CPI Card Group increases ABL revolver to $100M; redeems $20M of 10% senior notes at 103
Revolver capacity raised from $75M to $100M via Amendment No. 1 with JPMorgan Chase.
CPI Card Group stockholders elect all 8 directors, ratify KPMG, approve say-on-pay
Directors elected: Thomas Furey, John Lowe, Ravi Mallela, Lisa Oleson, Nicholas Peters, H. Sanford Riley, Marc Sheinbaum, Valerie Soranno Keating.
CPI Card Group acquires Arroweye for $45.55M; Q1 net sales up 10% to $122.8M, net income down 12%
Acquired Arroweye Solutions for $45.55M cash; Arroweye expected to generate mid-$50M annual revenue in 2025.
Q4 net sales $125.1M (+22% YoY); net income $6.8M (+148%); diluted EPS $0.57.
CPI Card Group adopts bylaw amendments addressing universal proxy rules, stockholder nominations
Amends bylaws to align with Delaware law and current practice; effective December 10, 2024.
CPI Card Group Q3 net sales +18% to $124.8M; Adj. EBITDA +18%; raises FY outlook
Net sales $124.8M (+18% YoY); Debit & Credit segment $99.8M (+19%), Prepaid $25.2M (+13%).
CPI Card Group secondary offering of 1.38M shares by Tricor stockholders closed Oct 2
Company entered underwriting agreement for 1,380,000 shares from Selling Stockholders (Tricor entities) with D.A. Davidson as lead underwriter.
CPI Card Group Q2 net sales up 3% to $119M; raises FY net sales outlook to mid-single digit growth
Q2 net sales $118.8M (+3% YoY), net income $6.0M (-8%), adj. EBITDA $21.9M (-6%).
CPI completes $285M private offering of 10.000% senior secured notes due 2029
Issued $285M in 10.000% senior secured notes due July 15, 2029 by subsidiary CPI CG Inc.
CPI Card Group prices $285M of 10% senior secured notes due 2029 to refinance 2026 notes
Issuer CPI CG Inc. priced $285M aggregate principal of 10.000% senior secured notes due 2029.
CPI Card Group subsidiary launches $285M senior secured notes offering to refinance 2026 notes
CPI CG Inc. commenced private offering of $285M senior secured notes due 2029, subject to market conditions.
All eight director nominees elected with majority support; Thomas Furey received 8,336,734 votes for.
CPI Card Group Q1: net sales -7% to $111.9M, net income -50% to $5.5M, adj EBITDA -8% to $23M
Net sales $111.9M (-7% YoY); Debit & Credit down 14% to $88M, Prepaid up 26% to $24.2M.
Agreement with Tricor Pacific (Parallel49) for CPI to buy shares equal to 3x its open market purchases from other holders during Apr-Jun 2024.
CPI Card Group Q4 net sales down 19% YoY, net income down 78%; FY2024 outlook slight growth
Q4 net sales $102.9M (-19% YoY); net income $2.7M (-78%); adjusted EBITDA $19.9M (-27%).
CPI Card Group names John Lowe as President and CEO, succeeding retiring Scott Scheirman
John Lowe appointed President & CEO effective Jan 25, 2024; succeeds Scott Scheirman who retires but stays as Senior Advisor through Feb 28.
CPI agrees to buy up to 325,000 shares from Parallel49 at 98% of open-market VWAP through March 31, 2024.
CPI Card Group Q3 net sales down 15% to $105.9M; cuts full-year outlook
Q3 net sales $105.9M (-15% YoY); net income $3.9M ($0.33 diluted EPS) -68% YoY.
CPI Card Group Q2 net income +6% to $6.5M; lowers sales growth outlook on soft demand
Q2 net sales $115M (+1% YoY); net income $6.5M (+6%); Adjusted EBITDA $23.3M (+18%).
CPI Card Group CEO Scott Scheirman to retire by Feb 28, 2024; board chairman resigns
CEO Scheirman to retire on Feb 28, 2024; will remain until successor named; board expects new CEO late 2023/early 2024.
Stockholders approve officer exculpation amendment, elect all seven director nominees
Amendment to certificate of incorporation limits officer liability for breach of fiduciary duty of care in direct stockholder claims.
Net sales $120.9M (+8% YoY); net income $10.9M ($0.91 diluted EPS) up 81%.
Director Robert Pearce resigns from CPI Card Group Board after 16 years
Robert Pearce resigned from the Board of Directors effective March 22, 2023, serving for 16 years.
Q4 net sales $126.4M (+36% YoY); net income $12.5M (+1,754%); Adj EBITDA $27.2M (+100%).
Lane Dubin promoted to EVP and Chief Development and Digital Officer, leading new product and digital payment solutions.
CPI Card Group Q3 net sales up 25% to $124.6M; raises 2022 outlook
Net income up 80% to $11.9M ($1.01 diluted EPS); Adjusted EBITDA up 32% to $28.3M.
CPI Card Group Q2 sales up 22% to record $113M; raises full-year outlook
Net sales $113.3M (+22% YoY); net income $6.2M (-1%); Adj. EBITDA $19.7M (+2%).
CPI Card Group stockholders approve all proposals at 2022 annual meeting
Elected seven directors: Furey, Pearce, Peters, Scheirman, Seaman, Sheinbaum, and Soranno Keating; each received over 7M votes for.
CPI Card Group Q1 sales up 25% to $111.4M, net income up 149%; raises 2022 outlook
Net sales $111.4M (+25% YoY); net income $6.0M (+149%), diluted EPS $0.51.
CPI Card Group appoints Donna Abbey as Controller and Chief Accounting Officer
Donna Abbey appointed as CAO effective March 31, 2022.
Full year net sales $375.1M (+20% YoY), net income $15.9M (-1%), EPS $1.36; Adj EBITDA $76.4M (+33%).
CPI Card Group Chief Accounting Officer Kevin O'Brien resigns; will stay through March 18, 2022
Kevin O'Brien notified CPI Card Group on Jan 17, 2022, of his resignation as Chief Accounting Officer.
CPI Card Group Q3 net sales up 20% to $99.6M; net income $6.6M ($0.56 EPS)
Net sales $99.6M (+20% YoY); net income $6.6M (+14% YoY); diluted EPS $0.56 vs $0.52.
CPI Card Group appoints Amintore Schenkel as CFO; John Lowe promoted to Secure Card GM
Amintore Schenkel appointed CFO effective October 5, 2021; previously SVP/CAO/Controller at Western Union.
CPI Card Group grants $1.15M equity award to CEO Scheirman, $275K to Lowe
CEO Scheirman receives $1.15M grant-date fair value equity (50% RSUs, 50% options).
CPI Card Group voluntarily delists from Toronto Stock Exchange effective Aug 27, 2021
Written notice provided to TSX; delisting expected at close on or about August 27, 2021.
CPI Card Group Q2 net sales $93.2M (+31% YoY), net income $6.2M (+387%), Adj. EBITDA $19.3M (+91%)
Debit & Credit segment net sales $72.9M (+25% YoY); Prepaid Debit $20.4M (+51% YoY).
CPI Card Group SVP and GM of Secure Card Guy DiMaggio to depart
Guy DiMaggio ceases as SVP and General Manager, Secure Card, effective August 5, 2021.
CPI Card Group common stock to list on Nasdaq Global Market on Aug 5, 2021
Common stock to trade on Nasdaq Global Market under ticker "PMTS" effective August 5, 2021.
On June 29, 2026 (the “Appointment Date”), the Board of Directors (the “Board”) of CPI Card Group Inc. (the “Company”) appointed Terra Grantham as the Company’s Chief Financial Officer, effective as of the same date.
Mr. Scheirman will resign and step down from the Board, effective January 25, 2024.
On January 24, 2024, the Board of Directors (the “Board”) of CPI Card Group Inc. (the “Company”) appointed John Lowe, who currently serves as Executive Vice President, End-to-End Payment Solutions, as President and Chief Executive Officer of the Company, effective January 25, 2024.
the Board appointed Mr. Lowe to serve on the Board, effective January 25, 2024.
Mr. Scheirman will end his service as President and Chief Executive Officer on January 25, 2024
On November 1, 2023, the Board of Directors (the “Board”) of the Company appointed Ravi Mallela to serve on the Board of Directors effective November 15, 2023 to fill the current vacancy on the Board.
On May 31, 2023, Scott Scheirman, the Company’s President and Chief Executive Officer, notified the Company of his intent to retire from the Company in order to have more time for family.
On March 22, 2023, Robert Pearce submitted his resignation from the Board of Directors (the “Board”) of CPI Card Group Inc. (the “Company”) to the Chair of the Board, effective as of that date.
On March 7, 2023, Amintore Schenkel informed the Company that he will be resigning from his position as Chief Financial Officer of the Company due to family-related reasons.
On March 30, 2022, the Board of Directors of CPI Card Group Inc. (“CPI” or the “Company”) appointed Donna Abbey as the Company’s Controller and Chief Accounting Officer (“CAO”), effective March 31, 2022.
On January 17, 2022, Kevin O’Brien informed the Company that he will be resigning from his position as Chief Accounting Officer of the Company.
the appointment of Amintore Schenkel to succeed Mr. Lowe as CFO.
Max materiality 0.80 · Median 0.62 · Most common event earnings