Heartland, Profits Up, Picks President.(Robert Baldwin appointed at Heartland Payment Systems Inc.)(Financial report)(Brief article)

American Banker | November 2, 2007| | Copyright

Heartland Payment Systems Inc. named its chief financial officer to the additional post of president and said its third-quarter earnings grew 16.2% from a year earlier, to $11.8 million, or 30 cents a share.

Revenue rose 20.8%, to $354.6 million, the Princeton, N.J., processor of card, payroll, and other payments said Thursday.

Robert Baldwin, the new president, will remain Heartland's CFO, a job he has held since 2000. The president position had been vacant since before Heartland went public in August 2005.

"Since joining Heartland, Bob has been a ...

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