Matt Sack Appointed New CEO of Prosegur’s Global Retail Business Unit

DEERFIELD BEACH, Fla. (March 13, 2023) – Prosegur Security, a global leader in security technology, has appointed Matt Sack as new CEO of its global retail business unit. Sack, who has served as the company’s executive chairman, will replace Tony D’Onofrio who has led the company through the pandemic period.

“Thanks to Tony’s leadership, Prosegur’s global retail business unit saw double-digit growth over the past two years,” said Sack. “Our organization is very grateful for his innovative thinking, leadership and results. I look forward to continuing to work with Tony on special projects that will benefit the retail industry in general and loss prevention community in particular”

According to Sack, Prosegur is well-positioned to continue on its growth trajectory thanks to its new suite of next-generation solutions for asset protection, inventory tracking and in-store advertising, all of which are designed to help brick-and-mortar retailers compete more successfully. These solutions include new self-checkout EAS solutions for frictionless retail, next-generation EAS and RFID cloud advertising platform, new award-winning overhead RFID reader with over 99% accuracy, and new eRibbon RFID label for apparel.

“Our clients have come to rely on Prosegur for creative solutions to their toughest challenges, and we are looking forward to expanding and strengthening our industry partnerships driven by innovation,” added Sack.

Matt Sack is a retail industry veteran with over 36 years of experience. Prior to serving as Prosegur global retail group’s executive chairman, he served as chief sales officer of Prosegur USA, prior to which he was CEO of Best Security industries (BSI). He held other senior leadership roles throughout his career, including being a vice president at Macy’s. He resides in New York with his wife and three daughters.