Conduent Transportation Chief on Company’s Spin-Off Issue: ‘Several Weeks Later, No One’s Talking About It’

In an exclusive Q&A, division president Mark Brewer contends there was no fallout from the company’s decision to pull the plug on its separation plans. He also discusses open loop, SaaS ticketing and Conduent’s reputation for aggressive bidding, among other topics.

Story Label Exclusive by Dan Balaban Posted on September 1, 2022 (September 2, 2022) Posted in Open Loop Tagged Conduent

Article Highlights

Key Takeaway:

Mark Brewer, president of Conduent Transportation, discusses the company’s plan to spin off or sell his business segment before reversing course, among other topics in an exclusive interview with Mobility Payments.

Key Data:

Table: Conduent Transportation Segment Revenue

Organizations Mentioned:

• Conduent
• Cubic
• Masabi
• HSL (Helsinki)
• AVM (Venice)
• Cal-ITP

In April, U.S.-based Conduent created considerable buzz in the fare-collection industry when it announced it would spin off or sell its transportation business.

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