Merchant Customer Exchange Selects CEO

DALLAS -- Merchant Customer Exchange (MCX) is already backed by a host of convenience store chains, including Alimentation Couche-Tard Inc., 7-Eleven Inc., Phillips 66, Alon USA, QuikTrip Corp., Sheetz Inc. and Wawa Inc. Now, the mobile payment and mobile wallet platform is backed by a new leader.

MCX's board of directors today named Dekkers L. Davidson its CEO. Davidson has more than 25 years of experience in the financial services and mobile industries. He most recently served as managing director at Barclaycard US.

"The strength of the customer experience, the breadth of acceptance, and the quality and security of technology the MCX solution will offer provides MCX with a historic opportunity to improve the shopping and paying experience for customers," said Davidson. "I’m excited and honored to have the opportunity to lead this initiative for such a prestigious group of merchants. Great things are ahead."

In addition to Barclaycard US, Davidson led management consultancy Oliver Wyman's U.S. mobile practice and managed investing activity in the mobile sector for Fidelity Ventures. He also held chief executive roles at c3 -- an online retailer of mobile devices and services -- as well as data networking startup Cetacean Networks.

"It was imperative for MCX to select a CEO who has a strong passion for the customer, who understands the emerging mobile payments industry, and who also aligns with the key objectives of MCX," read a joint statement from MCX's board of directors. "In Dekkers, we have found someone uniquely qualified for this role."

Dallas-based MCX counts many other retailers among its founding members, including Dunkin' Brands, Best Buy and Southwest Airlines. Overall, MCX member companies operate nearly 90,000 stores and process more than $1 trillion in payments annually.