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PayPoint PLC - Hertfordshire, England-based payment services provider - Says Finance Director & Executive Director Alan Dale plans to step down during 2023. Dale joined PayPoint in 2017 as head of UK Finance and was promoted to finance director and to the board in 2020. The board will now begin a search to find a new finance director; Dale has agreed to remain in the position until his successor is found, and a handover period has been completed. Also, to ensure a smooth transition, Dale will continue to be employed by PayPoint until December 31, 2023.
Chair Giles Kerr comments: ‘On behalf of the board I would like to thank Alan for his excellent contribution to the company during the last five years and in particular for the role he has played as finance director over the past two years in the delivery of the strategic transformation currently underway, the three acquisitions and disposal of the Romanian business as well as supporting the business through Covid-19.’
Current stock price: 604.00 pence
12-month change: down 15%
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