US-based industrial technology firm Crane NXT has announced Jason Lund as President of currency and payments arm Crane Payment Innovations (CPI) and Group President of the company’s Detection and Traceability Technologies Segment (DTT).
CPI is renowned as a leader in payment and cash-handing technology for slot machines.
In a statement, Crane NXT said Lund will lead its CPI business and DTT segment with a focus on driving growth, operational excellence and customer-focused innovation.
“We are thrilled to welcome Jason to Crane NXT,” said Crane NXT’s President and CEO, Aaron W Saak. “Jason is a seasoned business leader with a strong reputation for leading global industrial technology and manufacturing businesses. His disciplined operating approach, customer focus and strategic portfolio management make him exceptionally well positioned to lead CPI and the DTT segment. I am confident Jason’s leadership will further strengthen our ability to deliver value for our customers and shareholders.”
According to Crane NXT, Lund has over the course of two decades built a track record of operational excellence, pursued mergers and acquisitions, and led integration initiatives to drive synergies. He most recently served as President of Robotics & Automation at technology firm Novanta, and has held other executive leadership roles at Novanta, Vontier, Fortive and Danaher.
“I am excited to be joining Crane NXT,” said Lund. “I look forward to partnering with the CPI and DTT teams, leveraging the Crane Business System and building on the company’s strong foundation to lead the CPI business and the DTT segment through their next chapter of growth and innovation.”
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