Dive Brief:
- Digital payment processor Shift4 singled out the restaurant industry as an avenue for future growth in an earnings call last week.
- “We are focused on adding new merchants while simultaneously expanding our share of wallet in restaurants,” Shift4 President Taylor Lauber said in his prepared marks on the call Tuesday with analysts.
- Shift4 directors will vote on whether to appoint Lauber as the company’s new chief executive if Jared Isaacman, the company’s founder and current CEO, is confirmed by the Senate to lead NASA, Lauber said. The Commerce Committee on Wednesday advanced Isaacman’s nomination to the full Senate, where a vote has not yet been scheduled.