Worldpay, Inc Directorate Change (2752B)
September 19 2018 - 9:00AM
UK Regulatory
TIDMWPY
RNS Number : 2752B
Worldpay, Inc
19 September 2018
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PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD
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JURISDICTION
FOR IMMEDIATE RELEASE
September 19, 2018
Worldpay, Inc.
Co-Chief Executive Officer Philip Jansen to Step Down at the End
of 2018; Charles Drucker to Become CEO
CINCINNATI and LONDON, Sep. 19, 2018
Worldpay, Inc. (NYSE: WP; LSE: WPY] announced today, that on
Dec. 31, 2018, Philip Jansen will step down as co-chief executive
officer and a member of the board of directors. At that time, the
Company will transition to a single chief executive officer, which
will be current Executive Chairman and co-CEO Charles Drucker.
"Philip has been a great partner in helping bring Vantiv and
Worldpay together, and I'd like to thank him for his significant
contributions," said Drucker. "It has been a great experience
working with Philip to accelerate our early successes and create
strong momentum for the company. In just eight months we have
attained key integration milestones and already created significant
synergies. I look forward to continuing to execute on our
successful strategy along with my global leadership team over the
long-term."
"It has been a great privilege to help create the world's
leading payments company with Charles," said Philip Jansen,
co-chief executive officer. "The value proposition of the company
to clients and shareholders remains unparalleled, and I look
forward to watching the next chapters of the Worldpay success story
unfold. As planned, with the completion of the initial phase of the
integration, now is the right time for the company to transition to
having a single CEO lead the business. Our colleagues worldwide
have helped get us to this point, and I'm incredibly proud to have
worked with each of them across the globe."
Pursuant to its obligations under the U.S. Securities Exchange
Act of 1934, as amended, a Form 8-K regarding this matter will be
filed with the Securities and Exchange Commission on September 19,
2018. A copy of the Company's Form 8-K will also be available on
the SEC's website at http://www.sec.gov.
The Company will shortly submit the corresponding Form 8-K and
any accompanying exhibits to the National Storage Mechanism and
they will be available for inspection at:
http://www.morningstar.co.uk/uk/NSM.
Enquiries
Worldpay, Inc.
Nathan Rozof, Investor Relations +1 513 900 4811
Andrew Ciafardini, Corporate Communications +1 513 900 5308
+44 (0) 207 774
Goldman Sachs International (U.K. Corporate Broker 1000
to Worldpay, Inc.)
Charlie Lytle
Tom Hartley
Adam Laikin
Smithfield (PR adviser to Worldpay, Inc.) +44 (0) 203 047
John Kiely 2538
Worldpay, Inc. LEI number: 213800TV56O7TZI4U902
About Worldpay, Inc.
Worldpay, Inc. (NYSE: WP; LSE: WPY) is a leading payments
technology company with unique capability to power global
integrated omni-commerce. With industry-leading scale and an
unmatched integrated technology platform, Worldpay offers clients a
comprehensive suite of products and services globally, delivered
through a single provider.
Worldpay processes over 40 billion transactions annually through
more than 300 payment types across 146 countries and 126
currencies. The company's growth strategy includes expanding into
high-growth markets, verticals and customer segments, including
global eCommerce, Integrated Payments and B2B.
Worldpay, Inc. was formed in 2018 through the combination of the
No. 1 merchant acquirers in the U.S. and the U.K. Worldpay, Inc.
trades on the New York Stock Exchange as "WP" and the London Stock
Exchange as "WPY."
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END
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