PayPoint announces temporary leadership change due to CEO’s health condition

Maria Nikolova

Patrick Headon is taking a leave of absence from PayPoint to receive treatment for a medical condition.

Paypoint plc (LON:PAY) has earlier today announced a temporary leadership change due to the health condition of its Chief Executive, Patrick Headon.

PayPoint says Mr Headon is taking a temporary leave of absence from the company in order to receive treatment for a medical condition. He is currently expected to be on leave for approximately three months. The Company’s Chairman, Nick Wiles, has agreed to act as Executive Chairman to support the Executive team during this period.

Patrick Headon

Patrick Headon joined the Board as the Company’s new Chief Executive on April 1, 2019, succeeding Dominic Taylor in the top role. Patrick Headon is known as a highly experienced senior executive, with extensive relevant experience in FMCG, digital and B2B services. Prior to joining PayPoint, he has been Managing Director of Wolseley UK, Business Development Director, Europe at eBay and Managing Director, Central & Eastern Europe at Diageo.

Patrick Headon holds an MBA from INSEAD and a BSc in Economics from the University of Bristol.

Read this next

Executive Moves

Crculus taps Michael Idzkowski as head of sales

Michael Idzkowski has joined Crculus, a UK-based startup that describes itself as a multi-custody middleware infrastructure for financial institutions, in the post of its head of sales.

Retail FX

ActivTrades jumps on fractional stock trading bandwagon

CFDs and FX broker, ActivTrades has updated its trading offering to provide its clients with the opportunity to trade fractions of stocks.

Digital Assets

BitMEX to list its native token by end of 2023

BitMEX CEO Alexander Hoeptner said the crypto exchange is planning to list its native token, called BMEX, on the spot market by the end of the year.

Market News

Forex investments take over popular sentiment as a worthy global trend

Quite the confusion is afoot in the financial markets. Tighter regulation, rising inflation, energy sector disruptions, social unrest and wars have taken a toll on the world’s economies. How come Forex, as a means of investment, has come up on top as a global trend in 2022? Against the backdrop of current events, the international broker’s expert team at OctaFX has gathered some answers.

Crypto Insider, Metaverse Gaming NFT

How Hiding Crypto’s Influence Will Be Key To Unlocking Its Success

In past years, cryptocurrency has advanced well beyond the technophiles responsible for its initial success to reach widespread name recognition. Crypto has found its way into news, music, culture, and other relevant facets of daily life. 

Digital Assets

SCRYPT Digital taps Enclave Markets to mirror dark pool trading in crypto

“A service like this has been sorely lacking in the crypto space. There hasn’t been a solution that provides the security or privacy that institutions require with these kinds of trades.”

Institutional FX

FXSpotStream reports record monthly volume at $1.613 trillion

Trading volumes on institutional FX platforms surged in September after fears over the impact of recent developments around Russia’s military invasion of Ukraine sent speculative asset classes reeling.

Industry News

OKX adds four-time Olympian snowboarder Scotty James as brand ambassador

‘What is OKX?’ is the name of the new multi-milion dollar brand campaign launched by crypto exchange OKX as part of its efforts toward world expansion.

Industry News

Circle buys Elements and announces beta version of Crypto Payments API

“Lowering barriers of entry for payments and financial services and establishing dollar payments utility are core to Circle’s mission.”

<