Spindle, Inc. announced that it has named Michael J. Schwartz as its Interim Chief Executive Officer. Schwartz replaces Bill Clark who has held the CEO role since 2011. Schwartz is a payments industry veteran with a 27 year proven track record of leadership and transformational capabilities focused on solution delivery.

Prior to joining Spindle, Schwartz was Chief Technology Officer, International Group of Fiserv. The company appointed Frank Knuettel II, Chairman of the Board, following Mr. Clark's resignation.