Paysafe (NYSE: PSFE), a leading specialized payments platform, today announced a key leadership change. Rob Schonfeld is the new Chief Revenue Officer (CRO) at Paysafe. In this position Schonfeld will lead the company’s global revenue business. He will lead commercial strategy, sales execution, business development and strategic alliances. The appointment also supports Paysafe’s ambition to further solidify its position as a leading payments partner for businesses in the experience economy.
Schonfeld brings more than 25 years of leadership to the company. Throughout his career, he has driven growth, innovation and commercial transformation across the gaming, media and entertainment sectors. As Chief Revenue Officer at Paysafe he will drive forward the global growth strategy. Also he will improve customer relationships and create new opportunities. These steps will strengthen the Company’s presence in its core verticals.
Bruce Lowthers, CEO and Executive Director of Paysafe, welcomed the new executive. “Rob is a proven leader with a remarkable track record of driving growth and transforming global businesses,” said Bruce Lowthers, CEO and Executive Director of Paysafe. “His extensive experience building high-performing commercial organizations, combined with his deep understanding of the gaming ecosystem and digital commerce, makes him an outstanding addition to our executive team.”
Schonfeld’s Career Path From Disney to Activision Blizzard
Most recently, Schonfeld was Chief Business Officer at Ludeo. There, he was responsible for business development, strategic alliances, marketing, and go-to-market strategy. Before that he was Global Revenue Officer at Activision Blizzard. He had global revenue operations, digital and physical distribution and strategic commercial partnerships. During his time there, he played a key role in driving the company’s digital transformation and growth. That included backing Microsoft’s landmark acquisition of the company in 2023.
Schonfeld also shared his views on the move. “As payments continue to play an increasingly strategic role in digital experiences, Paysafe is exceptionally well positioned to help businesses grow and serve their customers more effectively,” said Schonfeld. “The company’s strong portfolio of payment solutions, leading positions in key verticals and commitment to innovation create a compelling platform for future growth. I’m excited to join the team and help accelerate Paysafe’s next chapter.”
It’s worth noting that Schonfeld’s media pedigree is long. He joined Activision Blizzard in 2012 after spending 12 years at The Walt Disney Company. Here he held executive leadership roles in digital content distribution, business development and commercial strategy. In earlier stages of his career, he held strategy and consulting roles within the media and entertainment sectors.
Beyond his executive roles, Schonfeld serves as a Partner at Redstone Investments. He also acts as a Board Governor of the Boys & Girls Clubs of Metro Los Angeles. On the academic side, he holds an MBA from the UCLA Anderson School of Management. He also earned a Bachelor’s degree in Commerce from the University of British Columbia.
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News Source: Businesswire.com
