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PayPoint Plc Names Nick Wiles Chief Executive - Quick Facts

PayPoint plc (PAY.L) announced the appointment of Nick Wiles as Chief Executive. Nick joined the Board in October 2009 as a Non-Executive Director and has been Chairman of the company for the past 5 years. Giles Kerr, currently Senior Independent Director and Chairman of the Audit Committee, will be appointed as Chairman of the Board and Chair of the Nomination Committee.

PayPoint plc also announced that Rachel Kentleton is to step down from her role as Finance Director. The Board confirmed that Alan Dale, currently Head of UK Finance, will be appointed as Interim Finance Director and a member of the Executive Board. Lewis Alcraft, currently Chief Commercial Officer, has been promoted to the position of Chief Operating Officer.

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