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Vantiv names former PayPal exec as new strategy chief

CINCINNATI — Vantiv, a leading provider of payment processing services and related technology solutions for merchants and financial institutions of all sizes, has named former PayPal and Visa executive Daniela Mielke as the company's chief strategy officer.  

Mielke will report directly to CEO Charles Drucker and will be responsible for leading the development and oversight of company strategy in support of Vantiv's growth objectives and to help drive product innovation, profitability, revenue and scale throughout the organization.

"Daniela is a dynamic, results-oriented leader who comes to Vantiv with deep experience in payments strategy and financial services," said Drucker. "She is an accomplished and practical payments professional who has built successful teams and relationships throughout her career, and we look forward to her doing the same at Vantiv."

Most recently, Mielke served as VP of global strategy at PayPal where she was responsible for developing strategies for the company's future. This included overseeing market intelligence and corporate, regional and product strategy for PayPal, and leading strategic planning discussions for eBay's companywide mobile strategy, ecosystem strategy, company-level competitive responses and shared services.

"I am thrilled to be joining Vantiv," said Mielke. "Vantiv is a company on the move, and I am pleased to be joining at such a unique time in its growth. They are at the vanguard of the payment processing industry, and I look forward to contributing to the next phase of the company's history."

Earlier in her career, Mielke served as SVP of global strategy at Visa where she led the development of strategic and market intelligence projects, including the company's long-term positioning, business development, corporate transformation and performance enhancement. She has also held various finance, sales and marketing positions with McKinsey & Co. and Nestlé, S.A.