Planet Payment Inc. Appointment of Carl J. Williams as President (8879S)
November 13 2013 - 2:02AM
UK Regulatory
TIDMPPT TIDMTTM
RNS Number : 8879S
Planet Payment Inc.
13 November 2013
Date: 13 November 2013
On behalf of: Planet Payment, Inc. ("the Company" or "Planet Payment")
Embargoed until: 0700 hrs
Planet Payment, Inc. Appoints Carl J. Williams as President
Planet Payment, Inc.(NASDAQ:PLPM) (LSE:AIM:PPT), a leading
provider of international payment and transaction processing and
multi-currency processing services, is pleased to announce that
Philip Beck CEO and the Board of Directors have appointed Carl J.
Williams as President of the Company and Mr. Williams has accepted
such appointment, with immediate effect.
Carl Williams' career in financial services spans 30 years and
includes several high profile industry positions. Mr. Williams was
President of World Wide Payment Processing for Global Payments, a
role that he held from 2004-2009, while living in Prague and Hong
Kong and further served as an advisor until June 2013. Mr. Williams
also served as Divisional President of Merchant Services of
National Processing Company. More recently, he served as Managing
Director of Pay Anywhere, LLC, from May 2012 to July 2013, and is
the founder of Baikal Group, LLC, a consultancy and advisory
company. Mr. Williams has served as an advisor to Planet Payment,
Inc. since 2010 and since August 20, 2013 as a director of the
Company and will continue in that role.
Commenting on the appointment, Philip Beck, Chairman and Chief
Executive Officer of Planet Payment, said:
"I have worked with Carl for more than seven years in different
capacities, and look forward to collaborating closely with Carl.
Carl brings with him the hands-on experience of a long and
successful career in financial services and payments and a
complimentary skill set that I believe will help us execute our
growth plans and position our company for strategic opportunities.
Our first priority will be to undertake a full review of our
business to determine how best to take advantage of the
opportunities in front of us."
Mr. Williams added:
"I am thrilled to be joining Philip and Planet Payment during
this exciting phase of their growth. I've always been an admirer of
Planet Payment's platform, products and people. Planet Payment's
world-wide reach and capabilities have allowed expansion unrivalled
in the payments industry. I'm looking forward to working with our
partners, investors and prospects as we continue to deliver world
class solutions to the global marketplace."
About Planet Payment
Planet Payment is a leading provider of international payment
and transaction processing and multi-currency processing services.
We provide our services in 22 countries and territories across the
Asia Pacific region, North America, the Middle East, Africa and
Europe, primarily through our more than 60 acquiring bank and
processor customers. Our point-of-sale and e-commerce services help
merchants sell more goods and services to consumers, and together
with our ATM services are integrated within the payment card
transaction flow enabling our acquiring customers, their merchants
and consumers to shop, pay, transact and reconcile payment
transactions in multiple currencies, geographies and channels.
Planet Payment is headquartered in New York and has offices in
Atlanta, Beijing, Bermuda, Delaware, Dubai, Dublin, London, Hong
Kong, Mexico City, Shanghai and Singapore. Visit
ww.planetpayment.com for more information about the Company and its
services. For up-to-date information follow Planet Payment on
Twitter at @PlanetPayment or join Planet Payment's Facebook
page.
Enquiries:
Planet Payment, Inc. Tel: + 1 516 670 3200
Graham N. Arad, SVP General Counsel www.planetpayment.com
Redleaf Polhill (UK PR for Planet Tel: +44 207 382 4730
Payment) planet@redleafpolhill.com
Emma Kane / Rebecca Sanders-Hewitt
/ David Ison
ICR (USA IR for Planet Payment) Tel: +1 646 277 1212
Don Duffy / Dara Dierks
Canaccord Genuity Ltd (Nomad for Planet Payment)
Simon Bridges / Andrew Chubb Tel: +44 20 7523 8000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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