PayPoint, a leading branded payment collection network, has strengthened its management team with the appointments of John Lee as Chief Information Officer and Thomas Vogt-Skard as Corporate Development Director.
John, 41, has joined PayPoint from Euronext.LIFFE Market Solutions, the technology division of Euronext.LIFFE, which is the international derivatives business of Euronext. As Director of Systems Development he moved the existing Paris, Brussels, Lisbon and Amsterdam derivatives markets on to the LIFFECONNECT trading platform with London to create a single European market.
He also implemented the same technology into the Chicago Board of Trade and the Tokyo Financial Futures Exchange. John took up the new position of Chief Information Officer on 1 September 2005 reporting to the CEO and is responsible for all matters relating to technology at PayPoint.
Thomas, 35, joins PayPoint on 22 September 2005 from the Investment Banking Advisory unit of HSBC, where he was an Associate Director in the European Advisory Group focusing on mergers and acquisitions.
He was previously a business planner at Redland PLC, the construction materials business acquired by Lafarge in 1997. Thomas will take up the new position of Corporate Development Director and will be responsible for merger and acquisition opportunities for the business.
These appointments follow that of Mike Igoe as Retail Director from Jacksons Stores, part of J Sainsbury plc.
Dominic Taylor, Chief Executive of PayPoint, said: “We are delighted to have attracted such high calibre individuals to PayPoint. These appointments will add significant value and complete the expansion of our senior management team we outlined when we announced our annual results in June. They bring invaluable strategic and IT skills to the company that will enable us to make the most of the growth opportunities available to us and ensure that we continue to optimise technology, which is at the heart of our business as a provider of payment solutions.”
Enquiries
Finsbury
Rollo Head
Don Hunter 020 7251 3801
About PayPoint
PayPoint is a leading branded payment collection network used, primarily, for the cash payment of bills and services and prepayments for mobile telephones and energy meters. There are over 13,000 retail outlets using PayPoint’s payment terminals.
PayPoint began trading in 1996 and initially collected payments through its network of retail agents for its founder client investors, who included British Gas, BT, BBC TV Licensing, London Electricity (now part of EDF Energy) and four water companies.
It now has more than 500 clients including many of the UK and Ireland’s major energy, cable, mobile and fixed line telephony companies. Its blue chip client list also extends to numerous water companies, local authorities and housing associations and a growing transport and travel base.
