Key Highlights

• CPI Card Group (NASDAQ: PMTS) named Terra Grantham as permanent Chief Financial Officer, effective June 29, 2026.

• Her compensation includes an annual base salary of $450,000 and a $300,000 restricted stock unit award.

• The board set a target annual short-term incentive opportunity of $275,000 and long-term incentive opportunity of $400,000 for 2026.

CPI Card Group has finalized its search for a permanent finance leader. The company announced Terra Grantham’s appointment as Chief Financial Officer, marking the end of her interim tenure.

Leadership Transition Confirmed

CPI Card Group (NASDAQ: PMTS) officially appointed Grantham as CFO on June 29, 2026. She had taken on the interim role earlier in the year following a leadership change in the finance department. The board’s decision formalizes her position as the company’s top financial executive.

Career Background at CPI

Grantham has been with CPI Card Group since 2017, where she initially contributed to financial planning and strategic initiatives. Her prior experience includes positions in finance and product development at other organizations.

Compensation Package Overview

The company’s compensation committee structured Grantham’s package to include an annual base salary of $450,000. For 2026, her target short-term incentive opportunity is $275,000, while the long-term incentive opportunity is set at $400,000. Additionally, she received a restricted stock unit award with a grant date value of $300,000.

Equity Award Details

The $300,000 restricted stock unit award was granted on June 30, 2026. The award is designed to vest in equal portions over a multi-year period, subject to continued employment. Such equity grants are a standard component of executive compensation, aimed at aligning leadership interests with those of shareholders.

Governance and Appointment Process

Grantham’s appointment followed the company’s established governance protocols. The process did not involve any special arrangements or relationships that would raise regulatory concerns. CPI Card Group disclosed the appointment in a regulatory filing in early July 2026.

Industry and Strategic Considerations

As a player in the payment technology sector, CPI Card Group operates in a dynamic environment where financial leadership plays a pivotal role. Grantham’s experience in financial strategy and operational oversight may support the company’s objectives in a competitive market. Stakeholders will likely monitor how her permanent appointment influences financial decision-making and long-term growth initiatives.

 

This article is for informational purposes only and does not constitute financial advice. Please consult a licensed financial adviser before making investment decisions.