Optimal Payments announces that Chairman Dale Johnson intends to step down
London, Monday, 18 November 2013 – Optimal Payments Plc (LSE AIM: OPAY) (“Optimal Payments” or “the Company”), a leading global online payment provider, announces that Chairman Dale Johnson intends to step down as group Chairman and from the board of directors due to changing personal circumstances.
Dale Johnson, who was appointed Chairman of the Board in 2007, said “It has been a privilege to serve the group over the last six years, and I am especially grateful for the strong support that I have received from both my Board colleagues and the executive team. I’ve been particularly proud of the work that Joel and his team have done over the last three years to create a high-growth leader in the online and mobile payments sector.”
Joel Leonoff, President and CEO, said: “On behalf of the Board and employees, I would like to take the opportunity to thank Dale for his enormous commitment to the Company over many years, and for his wise, thoughtful leadership and guidance, which have been an essential part of creating a successful, innovative and diversified international company. We wish him well for the future.”
The change will be effective from 20 November 2013 and a formal process has been started to select a permanent replacement. During that process Jonathan Comerford has been appointed as Chairman on an interim basis. Mr. Comerford, who has served on the Board of Directors for over four years, brings a deep knowledge of the Company and extensive governance experience to his role.
ABOUT OPTIMAL PAYMENTS PLC
Optimal Payments is a global provider of online payment solutions. Trusted by businesses and consumers in over 200 countries and dependencies to move and manage billions of dollars each year, merchants use the NETBANX® processing service to simplify how they accept and settle credit card, direct-from-bank, and cash payments; and theNETELLER® payment service to increase margins, capture new customers and increase their lifetime value. Being an independent provider has allowed the company to support tens-of-thousands merchants around the globe across a wide range of industries. Optimal Payments Plc. is quoted on the London Stock Exchange's AIM market, with a ticker symbol of OPAY. Subsidiary company Optimal Payments Ltd is authorised and regulated as an e-money issuer by the UK's Financial Conduct Authority (FCA, FRN: 900015).
MEDIA AND INVESTOR CONTACTS
Optimal Payments' media relations team can be contacted through the Media Relations Contact page. Relations with the investor and analyst community are managed by Citigate Dewe Rogerson who can be contacted through the Investor Relations Contact page.