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This profile was last updated on 10/12/14  and contains information from public web pages and contributions from the ZoomInfo community.

Mr. Ram V. Chary

Wrong Ram V. Chary?

President and Chief Executive Off...

Global Cash Access holdings Inc
Phone: (800) ***-****  HQ Phone
Global Cash Access Inc
3525 East Post Road Suite 120
Las Vegas, Nevada 89120
United States

Company Description: Global Cash Access Holdings, Inc. (Holdings) is a provider of cash access products and related services to the gaming industry in the United States and several...   more
Background

Employment History

Board Memberships and Affiliations

Education

  • MS , Management
    Krannert School at Purdue University
  • undergraduate degree , Economics
    University of Colorado
38 Total References
Web References
Global Cash Access Holdings Inc. - INVESTOR RELATIONS - Corporate Governance - Board of Directors
ir.gcainc.com, 12 Oct 2014 [cached]
Ram V. Chary , , , Chief Executive Officer, President & Director
From 2007 to 2013, Mr. Chary served in various roles at Fidelity National Information Services, Inc., most recently as an Executive Vice President of Global Commercial Services. Mr. Chary previously led the technology division of Fidelity National Information Services, Inc., a banking and payments technology company. Prior to joining Fidelity National Information Services Inc., Mr. Chary led the Professional Services organization of eFunds Corporation, a payments services company. Prior to eFunds, Mr. Chary worked at IBM Global Services in infrastructure outsourcing and technology consulting.
GCA Management Team | GCA Inc.
www.gcainc.com, 12 Oct 2014 [cached]
Ram V. Chary
President and Chief Executive Officer
Ram has a great passion for the retail payments space and has embraced our deep heritage in the global gaming market. He has a consistent track record of growing businesses while improving profitability and is focused on delivering solutions to our clients. Over the past several years, he has effectively identified and rationalized strategic acquisitions to create enterprise value. His previous roles in technology outsourcing and financial services makes him an ideal fit for our company. Ram has an undergraduate degree in Economics from the University of Colorado and an MS in Management from the Krannert School at Purdue University.
Global Cash Access Holdings Inc. Press Releases
ir.gcainc.com, 21 Mar 2014 [cached]
The transaction has been unanimously approved by the boards of directors of the two companies.

"The acquisition of Multimedia Games represents a gaming-relevant transformational opportunity to combine two companies with rich gaming heritages and uniquely positions GCA as an important strategic partner to gaming operators by offering them deeper and more integrated solutions across their entire gaming floor," remarked Ram V. Chary, President and Chief Executive Officer of GCA. "This acquisition further strengthens and broadens GCA's portfolio of solutions, which has been embraced by our customer base," added Mr. Chary.

Patrick J. Ramsey, Chief Executive Officer of Multimedia Games, noted, "We are excited about the opportunity this combination provides to leverage Multimedia Games' creative and innovative game development capabilities with GCA's expansive customer base to provide best-in-class, integrated solutions to the gaming community, and deliver increased value and scale to our respective customers and employees."

Transaction Highlights

Pursuant to the merger agreement, GCA will acquire all of the outstanding stock of Multimedia Games for $36.50 per share in cash, representing a 31% premium to the closing stock price as of Friday, September 5, 2014, for an aggregate purchase price of approximately $1.2 billion. The proposed acquisition will be financed with debt and cash on hand for which GCA has secured committed debt financing. The proposed acquisition is subject to customary closing conditions, including receipt of MGAM shareholder approval and antitrust and gaming regulatory approvals, and is currently expected to be completed in early 2015.

The merger is expected to achieve approximately $30 million of synergies as a combined entity; and, on a pro forma basis, is estimated to generate about $800 million in revenues and approximately $217 million in Adjusted EBITDA based on the last twelve months results as of June 30, 2014. The transaction is expected to be immediately accretive to GCA stockholders as of the closing date of the acquisition.

Ram V. Chary will continue to serve as President and Chief Executive Officer of GCA.

...
The full-year outlook reflects the differentiated competitive advantage that our integrated solutions drive for our clients," said Ram V. Chary, President and CEO of GCA.

First Quarter 2014 Results

Revenues increased by $3.7 million, or 3%, to $150.6 million for the first quarter 2014, as compared to the same period last year.

Executive Biographies
www.fisglobal.com, 4 Dec 2012 [cached]
Ram Chary Executive Vice President, Global Commercial Services
Ram Chary leads Global Commercial Services for FIS. In this role, Chary manages a diverse and wide-range of businesses and global operational functions. Within his responsibility are businesses that serve industries beyond financial institutions including IT Outsourcing, Item Processing, Retail Payments and Government Services. Chary is also responsible for the FIS Technology organization, global delivery operations and supply chain. He has a consistent track record of improving operational efficiency while eliminating cost and rationalizing investments.
Chary joined FIS through the acquisition of eFunds, where he led the company's Professional Services organization. Prior to eFunds, he had a 13-year career at IBM Global Services in infrastructure outsourcing and technology consulting, and also served in a number of leadership roles in global operations and finance. Specifically in the financial services sector, he successfully grew the business through the sale of large outsourcing agreements with major financial institutions.
Chary received an undergraduate degree in economics from the University of Colorado and a master's degree in finance and operations management from Purdue University.
Board of Directors Outsourcing India Phillipines Sri Lanka
www.firstsource.com, 16 Sept 2012 [cached]
Ram V. Chary
...
Ram V. Chary
...
Ram V. Chary Mr. Ram Chary leads FIS' Global Commercial Services. In his role, he manages businesses important to Company growth and profitability related to global contact center operations off-shore resource and technology opportunities and Global supply chain operations. Mr. Chary joined FIS in 2007 from the acquisition of eFunds, where he led the Company's Professional Services Organization. Prior to eFunds, he had a 13 year career at IBM Global Services in both Infrastructure outsourcing and technology consulting and served in a number of leadership roles in global operations and finance and sales.
He received his undergraduate degree in Economics from the University of Colorado and Ms in Finance and Operations Management from the Krannert School at Purdue University. He serves on the Board of Trustees of the Leukemia and Lymphoma Society.
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