11th Nov 2019 11:12
(Alliance News) - Secure payments service provider PCI-PAL PLC said Monday that Non-Executive Director Simon Wilson will replace Chair Chris Fielding following the annual general meeting of the firm later in November.
Fielding will stand down as chair of the AIM-listed firm on November 21, but will remain a non-executive of the company.
"On behalf of the board, I want to thank Chris for his leadership over the term of his chairmanship since 2015," Chief Executive Officer James Barham said. "In particular, Chris's guidance was invaluable as PCI-PAL transitioned from an outsourced service provider for call centres, to a cloud-based solution provider partnering with many of the world's leading technology vendors."
"As a pure-play cloud software vendor expanding in multiple international regions, now is the right time to add additional industry experience to the board to help PCI-PAL along its journey," Barham added.
"Simon's background includes 30 years of operating, advisory and board positions in international B2B software companies," Barham continued. "Together with his extensive experience in international expansion and cross-border M&A, Simon is a great addition to the board, and we all welcome him to the role of chairman."
Shares in PCI-PAL were 5.5% lower at 25.05 pence in London on Monday.
By Ahren Lester; [email protected]
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