19th Dec 2019 15:55
(Clarifying that no reason was provided by the company for Headon's departure.)
(Alliance News) - Paypoint PLC on Thursday said Chief Executive Patrick Headon is stepping down effective immediately.
This comes after Headon took a temporary leave of absence in September to receive treatment for a medical condition. Paypoint didn't on Thursday give a reason for Headon's permanent departure, and a spokesperson declined comment.
The retail, mobile and online payments provider said Chair Nick Wiles will continue to serve as executive chair until a replacement is found.
Shares in Paypoint was up 0.4% at 1,012.00 pence per share on late Thursday afternoon in London.
By Ife Taiwo; [email protected]
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