Planet Payment, Inc. Appoints Carl J. Williams to the Board
20 August 2013 - 10:30PM
Planet Payment, Inc. (Nasdaq:PLPM) (LSE:PPT), a leading provider of
international payment processing and multi-currency processing
services, is pleased to announce that the Board of Directors has
appointed Carl Joseph Williams as a Director of the Company and Mr.
Williams has accepted such appointment, with immediate effect. In
connection with the appointment, the Board was expanded to seven
directors.
Carl Williams' career in financial services spans 30 years and
includes several high profile industry positions. He is currently
CEO and founder of Baikal Group, LLC a consultancy and advisory
company. From May 2012 until July 2013, he served as Managing
Director of Pay Anywhere, LLC. Until recently he was also an
advisor to Global Payments Inc. Previously, Mr. Williams was
President of World Wide Payment Processing for Global Payments, a
role that he held from 2004-2009, while living in Prague and Hong
Kong. Mr. Williams also served as President of the Merchant
Services Division of National Processing Company, one of the
nation's largest processors of credit card, debit and check
transactions. Mr. Williams has served as an advisor to Planet
Payment, Inc. since 2010. Mr. Williams holds a B.A. from La Salle
University in Philadelphia.
Mr. Williams was appointed as a Class I Director of the Company,
along with Jonathan Kaiden and Cameron R. M. McColl. Mr.
Williams will hold office for a term expiring at the 2014 Annual
Meeting of the Company, when he will be eligible for re-election as
a director by the shareholders.
In accordance with the Company's non-employee director
compensation policy, Mr. Williams has been granted 50,000 options
over shares of common stock of the Company under the 2012 Equity
Incentive Plan, at an exercise price of $2.21 per share. In
addition Mr. Williams has a 50% interest in Baikal Group, LLC which
owns 15,000 shares of the Company's Common Stock.
Commenting on the appointment, Philip Beck, Chairman and
Chief Executive Officer of Planet Payment, said:
"We are delighted to welcome Carl Williams to the Board. Carl
brings a lifetime of industry experience and knowledge to Planet
Payment and we look forward to benefitting from his insight."
Mr. Williams added:
"Having watched Planet Payment for many years, I believe it is
one of the more innovative companies in the payments
industry. I am excited to join the Board and I look forward to
helping the Company continue to move forward to future
successes."
Mr. Williams's (aged 61) current and previous
directorships and executive positions over the past five years are
as follows:
Current
President and Chief Executive Officer of Baikal Group, LLC
Previous
Managing Director of Pay Anywhere, LLC
Advisor of Business Development and International Operations at
Global Payments Inc.
President of World-Wide Payments Processing and Merchant
Acquiring of Global Payments Inc.
Executive Vice President of World-Wide Merchant Acquiring of
Global Payments Inc.
President of Spherion Assessment Group
Chairman and Chief Executive Officer of HR Easy Inc.
President of the Merchant Services Division of National
Processing Company
President and Chief Executive Officer of JBS Associates
Executive Director of Global Payments Europe, s.r.o.
There is no further information required to be disclosed
pursuant to Schedule 2, paragraph (g) of the AIM Rules for
Companies.
About Planet Payment
Planet Payment is a leading provider of international payment
processing and multi-currency processing services. We provide our
services in more than 20 countries and territories across the Asia
Pacific region, North America, the Middle East, Africa and Europe,
primarily through our 60 acquiring bank and processor customers.
Our point-of-sale and e-commerce services help merchants sell more
goods and services to consumers, and together with our ATM services
are integrated within the payment card transaction flow enabling
our acquiring customers, their merchants and consumers to shop,
pay, transact and reconcile payment transactions in multiple
currencies, geographies and channels.
Planet Payment is headquartered in New York and has offices in
Atlanta, Beijing, Bermuda, Delaware, Dubai, Dublin, London, Hong
Kong, Mexico City, Shanghai and Singapore. Visit
www.planetpayment.com for more information about the Company and
its services. For up-to-date information follow Planet Payment on
Twitter at @PlanetPayment or join Planet Payment's Facebook
page.
CONTACT: Enquiries:
Planet Payment, Inc.
Graham N. Arad, SVP General Counsel
Tel: + 1 516 670 3200
www.planetpayment.com
Redleaf Polhill (UK PR for Planet Payment)
Emma Kane / Rebecca Sanders-Hewitt / David Ison
Tel: +44 207 382 4730
planet@redleafpolhill.com
ICR (USA IR for Planet Payment)
Don Duffy / Dara Dierks
Tel: +1 646 277 1212
Canaccord Genuity Ltd (Nomad for Planet Payment)
Simon Bridges / Andrew Chubb
Tel: +44 20 7523 8000
Putnam Premier Income (NYSE:PPT)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Putnam Premier Income (NYSE:PPT)
Historical Stock Chart
Von Jul 2023 bis Jul 2024