News & Press: News

Paysafe Announces New CEO

Monday, April 11, 2022   (0 Comments)
Posted by: Anne Mendenhall
Former FIS President and Fintech Industry Leader, Bruce Lowthers, Appointed Chief Executive Officer of Paysafe with Mandate to Scale the Company; Succeeds Philip McHugh
 
Company Reaffirms Guidance for First Quarter and Full Year 2022
 
April 07, 2022--LONDON--(BUSINESS WIRE)--Paysafe Limited (“Paysafe” or the “Company”) (NYSE: PSFE) (PSFE.WS), a leading specialized payments platform, today announced that fintech industry leader, Bruce Lowthers, has been appointed as Chief Executive Officer and Executive Director of Paysafe. Lowthers, who will join the company by May 1, 2022, succeeds Philip McHugh, who is stepping down as CEO and as a member of the Company’s Board of Directors. The CEO transition builds on the recent appointment of Daniel Henson as Non-Executive Chairman in March.

Read more about our Wnet Corporate Partner, Paysafe.