PAYPOINT has said that George Earle will retire from his role as finance director during 2017.
He joined PayPoint as group FD in September 2004.
Rachel Kentleton has agreed to join the PayPoint board with effect from 3 January 2017 in order to succeed Earle as FD following an orderly transition.
She is currently group director strategy and implementation at easyJet. Prior to joining easyJet she held finance and investor relations roles at SABMiller, Diageo, NatWest and Unilever. She is also a non-executive director and chairman of the audit committee at Persimmon.
Nick Wiles, chairman, said: “George Earle has made a significant contribution to the company over the last 11 years and the Board is appreciative of his robust and prudent management of the company’s financial affairs throughout his tenure. ‘
“The Board is delighted to have recruited Rachel Kentleton as George Earle’s successor following an externally-facilitated search process led by the nomination committee of the Board. Rachel brings considerable financial and operational experience together with a wide knowledge of investor relations and strategy”