Crane NXT Announces Appointment of Jason Lund as President of Crane Payment Innovations and Group President of the Detection and Traceability Technologies Segment

WALTHAM, Mass., Aug. 24, 2026 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced it has appointed Jason Lund as President of Crane Payment Innovations ("CPI") and Group President of its Detection and Traceability Technologies ("DTT") segment. In this role, Mr. Lund will lead Crane NXT's CPI business and DTT segment, focusing on driving growth, operational excellence, and customer-focused innovation. 

“We are thrilled to welcome Jason to Crane NXT. Jason is a seasoned business leader with a strong reputation for leading global industrial technology and manufacturing businesses. His disciplined operating approach, customer focus, and strategic portfolio management make him exceptionally well positioned to lead CPI and the DTT segment. I am confident Jason's leadership will further strengthen our ability to deliver value for our customers and shareholders,” stated Aaron W. Saak, Crane NXT’s President and Chief Executive Officer.

Mr. Lund stated, “I am excited to be joining Crane NXT. I look forward to partnering with the CPI and DTT teams, leveraging the Crane Business System, and building on the Company's strong foundation to lead the CPI business and the DTT segment through their next chapter of growth and innovation.”

For more than two decades, Mr. Lund has built a track record of operational excellence, pursued mergers and acquisitions, and led integration initiatives to drive synergies. Most recently, Mr. Lund served as President of Robotics & Automation at Novanta, where he led a global business. Prior to that, he held executive leadership roles at Novanta, Vontier, Fortive and Danaher. Mr. Lund holds a Bachelor of Science from Drake University and an M.B.A. from the University of Virginia's Darden School of Business.

About Crane NXT, Co.

Crane NXT is a global leader in authentication and traceability technologies that secure, detect, and authenticate what matters most to its customers. Through its two market-leading business segments, Security & Authentication Technologies and Detection & Traceability Technologies, Crane NXT provides innovative solutions that prevent the counterfeiting of products and identities and ensure the quality, authenticity, and traceability of products across the supply chain. Crane NXT’s approximately 6,000 employees help its customers protect their most important assets and ensure secure, seamless transactions around the world every day. For more information, visit www.cranenxt.com.

Contact:

John Walsh
VP, Investor Relations
john.walsh@cranenxt.com
www.cranenxt.com