Omer Sattar, co-founder and strategic leader of Sightline, has been named CEO, the financial-technology company announced Wednesday.
Sattar had previously served as co-CEO with Joe Pappano. The company’s press release didn’t cite Pappano, but announced several other executive leadership changes.
Among the changes, Sattar transitions from co-CEO to CEO and will also lead the Payments Innovation division. Mike McManus was appointed as president of customer innovation. Tom Sears, a part of Sightline for 13 years, will transition from chief operating officer to strategic advisor to the CEO, effective Sept. 15. Jonathan Michaels moves from senior vice president of Strategic Development & Government Affairs to Michaels Strategies, an advisory firm with Sightline as its inaugural client. Felicia Gassen will continue as chief of staff and assume the additional role of chief administrative officer.
In its release, Sightline said Sattar’s “depth and understanding of the payments market and innovative vision have been instrumental in defining the omnichannel experience for the gaming industry.”
Sattar’s added responsibility as the head of the Payments Innovation division “underscores his commitment to pioneering the next wave of untapped payment innovations” in the gaming sector.
“As we envision Sightline’s imminent and promising future, spearheading the industry’s innovation emerges as our foremost endeavor,” Sattar said. “Mike McManus is equipped with the requisite skills, experience, and vision to actualize our commitment to the industry. Our motto remains clear: Innovate, and then innovate some more.”
McManus, former CEO of Joingo, will head the Customer Innovation division, underlining Sightline’s commitment to enhancing its omnichannel services, the company said.
“Sightline remains committed to fostering innovation and excellence as it continues to serve the gaming industry,” the release said. “These leadership changes mark a significant step in ensuring the company’s ongoing growth and success. We would like to extend our gratitude to our investors and board members, specifically Bill Foley (chairman of Cannae Holdings) and Searchlight Capital Partners for their unwavering faith and trust in our vision and team. Their support has been invaluable in shaping our direction and will continue to inspire our pursuit of excellence.”
Sattar said Tom Sears’s “dedication and insight” have been integral to Sightline’s success, calling him their “master watch builder, and we could not have done this without him. His transition to special advisor is a reflection of our trust in his wisdom and the value we place on his strategic counsel. Though we’ll miss his daily operational leadership, we know that his influence will continue to guide us as we embrace the next decade of innovation.”
Sightline specializes in payment technology and mobile systems for the gaming industry.
