Fintech Leaders

Savneet Singh, CEO of PAR Technology - The $3B Turnaround: Transforming a Failing Company into a Tech Leader


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Miguel Armaza interviews Savneet Singh, CEO of PAR Technology (NYSE: PAR), a company he helped transform from a struggling legacy hardware with a small market cap into a thriving restaurant technology leader now worth nearly $3 billion in the public markets.

When Savneet joined PAR's board in 2018, he found a company facing multiple crises - from DOJ investigations and activist investors to negative customer satisfaction scores and just $3.4 million in cash reserves. What started as a temporary CEO role to help sell the company evolved into a remarkable turnaround story.

In this episode, we discuss:

  • The art of corporate triage and how to prioritize when everything is on fire
  • Building conviction to make non-consensus bets as a leader
  • Key lessons from M&A strategy and product integration
  • The reality of transforming a public company while "changing the wheels in motion"... and a lot more!

Want more podcast episodes? Join me and follow Fintech Leaders today on Apple, Spotify, or your favorite podcast app for weekly conversations with today’s global leaders that will dominate the 21st century in fintech, business, and beyond.

Do you prefer a written summary? Check out the Fintech Leaders newsletter and join ~70,000+ readers and listeners worldwide!

Miguel Armaza is Co-Founder and General Partner of Gilgamesh Ventures, a seed-stage investment fund focused on fintech in the Americas. He also hosts and writes the Fintech Leaders podcast and newsletter.

Miguel on LinkedIn: https://bit.ly/3nKha4Z

Miguel on Twitter: https://bit.ly/2Jb5oBc

Fintech Leaders Newsletter: bit.ly/3jWIp

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Fintech LeadersBy Miguel Armaza

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