Alacriti Names Michael Lovell as Chief Financial Officer

Alacriti provides payments and financial-technology solutions to financial institutions seeking to modernize transaction processing and digital operations. The chief financial officer role is central to budgeting, capital allocation and financial controls, particularly as payments companies balance technology investment, regulatory demands and competition. An experienced finance leader can also help align operating plans with longer-term growth priorities.

Alacriti has appointed Michael Lovell as its new chief financial officer, adding an executive with more than 30 years of finance and management experience. Lovell previously held senior financial leadership positions at several software and enterprise-services companies. The appointment strengthens Alacriti’s executive team as the company develops its payments and fintech business, though the announcement provided no financial terms or additional timing details.