CompoSecure’s Co-Founder and Executive Chairman Recognized as Top Woman in Business
Michele Logan acknowledged for shaping the cultural and economic future in New Jersey
Somerset, NJ – September 22, 2020 – CompoSecure, L.L.C. (“CompoSecure”), a pioneer and category leader in premium financial cards, today announced that co-founder and executive chairman, Michele Logan, was awarded “Best 50 Women in Business” by NJ Biz. Logan was recognized during a virtual event for her contributions to the New Jersey business community.
Logan and the other CompoSecure founders created a new category in the payment industry with metal cards. The company has seen double-digit growth and today has over 700 employees. CompoSecure has tripled its global market footprint and now distributes premium financial cards to more than 20 countries around the world. According to a recent ABI Research report, “CompoSecure is the only large-scale manufacturer of metal cards globally.” Logan had the vision to grow CompoSecure into what it is today.
“This acknowledgment recognizes the hard work of our entire workforce, from the production floor to the boardroom,” said Logan. “Our management team is one of the strongest in the industry and sets the course for the company’s future.”
Logan co-founded CompoSecure in 2000, she became its VP and General Manager in 2004 and was named CEO in 2012. Since 2017, Logan has served as executive chairman of CompoSecure’s Board of Managers. Today, she is part of the team that drives CompoSecure’s focus on innovation while examining the potential for products that incorporate new technology.
Logan is a lifelong resident of New Jersey and a champion for its economic viability. She is devoted to working with local organizations to provide opportunities to underserved populations. She leads CompoSecure’s effort to give back to the community through donations and volunteering time at numerous non-profit organizations, including: Roots and Wings, Fairleigh Dickinson University COMPASS Program, The Center for Great Expectations, The Arc of Somerset County and Elijah’s Promise. Logan also serves as a mentor to female entrepreneurs throughout New Jersey. She graduated from Boston University with a BA in computer science and a minor in business administration and earned an MBA in industrial management from Fairleigh Dickinson University.
Founded in 2000, CompoSecure is a pioneer and category leader in premium financial cards. The company focuses on serving the affluent customers of credit card issuers worldwide using proprietary production methods that meet the highest standards of quality and security. The company offers clients secure, innovative and durable proprietary products that implement leading-edge engineering capabilities and technology in both the public and private sector. CompoSecure’s mission is to increase clients’ brand equity in the marketplace by offering card products that differentiate the brands they represent, thus elevating the traditional card transaction process to a special cardholder experience.
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