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Worldpay Announces Executive Team Changes

Worldpay Group plc (Worldpay) is today announcing some executive team changes which will support us in delivering our plans for the medium-term.
Thursday, December 15, 2016

Ruth Prior, currently Deputy Chief Financial Officer at Worldpay, will become Chief Operating Officer. In this newly-created role, Ruth will oversee key elements of operational finance, risk and compliance, as well as strategic supplier management. Ruth will also continue to lead the implementation of our new acquiring platform across the business.

Dave Hobday, Managing Director, Worldpay UK has resigned from Worldpay to take up a position as Chief Executive of a private equity owned business. We have finalised the appointment of his successor, who has significant board level experience at a UK plc, and a strong track record in business transformation and financial services. We expect to be able to announce this appointment and for him to join Worldpay in the New Year. Dave will leave Worldpay following a handover period.

Philip Jansen, Chief Executive Officer of Worldpay Group, commented: “The new appointments will diversify and strengthen our capabilities, and I would like to congratulate Ruth on her enlarged role. They demonstrate our managed approach towards achieving both evolution and continuity in our leadership team.

“Dave has been with the company for over three years and has led the transformation of our UK business, returning it to growth and bringing innovative products to customers’ businesses. He leaves the business in a strong position, and we wish him every success in his new role.

“We have made substantial progress in 2016, and continue to expect to deliver a good performance in the second half of the year, in line with market expectations. We remain confident in our prospects, and our strategy and medium-term guidance remain unchanged.”

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Enquiries:    
Investor relations:

Charles King, Investor Relations Director Tel: +44 (0) 203 664 6171

Media:
Claire Hardy, Head of External Communications Tel: +44 (0) 203 664 4902
James Murgatroyd / Andrew Hughes, Finsbury Tel: +44 (0) 207 251 3801
   
Group Company Secretary:
Derek Woodward, Group Company Secretary Tel: +44 (0) 7342 082 043