Arthur Blank & Co. Appoints New President and Vice Presidents

Boston-based Arthur Blank & Company announced former owners and long-time executives Stuart and Eric Blank would be transitioning from their respective roles of president and executive vice president to join the corporate team of parent company American Banknote (ABnote), where they will focus on strategic planning and corporate development. As a result, the following organizational changes were made:

Keith Goldstein was promoted to the position of president and chief operating officer of Arthur Blank. Goldstein has been with the company for more than 10 years, has broad management experience and is also a licensed CPA. Goldstein has held a variety of leadership positions within the company, most recently as senior vice president of operations, where he was instrumental in leading capacity expansion efforts and driving many of Arthur Blank’s advanced manufacturing and technological capabilities. Goldstein will report to ABnote CEO, Justin D’Angelo, who will assume the added titles of chairman of the board and CEO of Arthur Blank.

Jake Jacobs was promoted to executive vice president of sales and marketing. Jacobs has been with Arthur Blank for 10 years and previously, as senior vice president of sales and business development, was responsible for delivering consistent sales growth and leading numerous key business development opportunities.

Also, Paul Fournier was promoted to executive vice president and chief financial officer. Fournier has been with Arthur Blank for more than 11 years and has extremely strong financial expertise and continues to provide solid financial leadership and guidance.

Finally, Bob McCormick was promoted to vice president, secure card operations and was also named a member of Arthur Blank’s executive management team. Bob has been in the industry for 12 years,most recently as director of secure card operations at Arthur Blank’s Mt. Pleasant, Tenn. facility.

ABnote’s chairman and chief executive, Steven G. Singer, stated “Stuart and Eric Blank’s unmatched experience and knowledge of the card industry are tremendous assets that we are proud to be able to leverage across the corporation.” Singer continued, “While Arthur Blank will no doubt miss their involvement in its day-to-day management, we look forward to the contributions that they will make to ABnote on a global level. Moreover, their successors have been well-groomed by them, and are more than ready to assume the mantle of leadership.”