Planet Payment appoints Carl Williams to its Board of Directors

 

– USA, NY – 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.

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 benefiting 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.”

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.

- DisclaimerNews, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.