Daniel Henson Appointed Chairman of Paysafe
March 02 2022 - 6:56AM
Business Wire
Paysafe Limited (“Paysafe” or the “Company”) (NYSE: PSFE)
(PSFE.WS), a leading specialized payments platform, today announced
the appointment of Daniel Henson as non-executive chairman of its
board of directors. The appointment took effect from March 1, 2022
and follows the decision of William P. Foley II to step down as
chairman and as a member of its board to focus on other
commitments.
Henson has a proven track record of driving growth in multiple
global companies over a 30+ year career with demonstrated expertise
in the capital markets, financial services and technology
industries.
He worked for General Electric Company for 29 years, where he
held a variety of senior positions at GE and GE Capital, including
chief marketing officer of GE and Six Sigma quality leader at GE
Capital. He also served as CEO of a number of GE Capital’s
financial services businesses in the U.S. and internationally.
Since 2016, Henson has held a wide range of executive and
non-executive board positions. He was previously director of
Healthcare Trust of America and lead director of OnDeck Capital.
Following that, he served on the boards of various Blackstone
investments including as non-executive chairman of Exeter Finance,
a leading auto finance company, and non-executive chairman of Tempo
Holdings, the former parent company of Alight Solutions, a leading
cloud-based provider of integrated digital human capital and
business solutions.
Following the listing of Alight Solutions on the NYSE in July
last year, after a business combination agreement with Foley
Trasimene Acquisition Corp., William P. Foley II became chairman of
the newly formed board and Henson was appointed as director with
responsibility for overseeing the nomination and governance
committee. He also serves as non-executive chairman of IntraFi
Network, a privately held firm serving approximately one-third of
all U.S. commercial banks and thrift institutions. Henson holds a
B.B.A. in Marketing from George Washington University.
Commenting on the appointment, William P. Foley II, chairman of
Cannae, said:
“Paysafe provides unique value in large, high-growth markets
such as iGaming and eCommerce. I am confident in Paysafe’s growth
outlook which supports Cannae’s large investment in Paysafe
including our recent additional investment.
I’m delighted that Dan has agreed to succeed me as Paysafe’s
chairman. I’ve got to know Dan well through serving together on the
Alight board and I have great confidence that he will be extremely
valuable to Paysafe. As a major shareholder we look forward to
continued success of Paysafe as a disruptive, specialized payments
platform.”
Paysafe chairman, Daniel Henson, added: “This is an exciting
time to be joining the Paysafe Board. The company benefits from
unique specialized payments and ecommerce offerings which set it
apart from other players in the industry and position it well for
future growth. I look forward to leading the Board at this
momentous time.”
“On behalf of the entire Paysafe team, I’d like to thank Bill
for the leadership and vision he has brought to Paysafe to date
during his time as our chairman - it has been a real privilege to
work with him,” said Philip McHugh, CEO of Paysafe. “Since listing
on the NYSE last year, we have made some exciting investments and
have a lot of momentum behind us. Dan is an entrepreneurial and
proven executive and will be a great asset to our board as we take
Paysafe to its next level of growth.”
About Paysafe’s Board of Directors
Daniel Henson is an independent, Class III director. Paysafe’s
board of directors consists of 11 members: 10 non-executive
directors and one executive director. Full Details of Paysafe’s
board of directors can be found here.
About Paysafe Limited
Paysafe Limited (“Paysafe”) (NYSE: PSFE) (PSFE.WS) is a leading
specialized payments platform. Its core purpose is to enable
businesses and consumers to connect and transact seamlessly through
industry-leading capabilities in payment processing, digital
wallet, and online cash solutions. With over 20 years of online
payment experience, an annualized transactional volume of over US
$120 billion in 2021, and approximately 3,500 employees located in
10+ countries, Paysafe connects businesses and consumers across 100
payment types in over 40 currencies around the world. Delivered
through an integrated platform, Paysafe solutions are geared toward
mobile-initiated transactions, real-time analytics and the
convergence between brick-and-mortar and online payments. Further
information is available at www.paysafe.com.
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Paysafe
Media: Kate Aldridge +44 750 079 7547
Kate.Aldridge@Paysafe.com
Investors: Kirsten Nielsen +1 (646) 901-3140
Kirsten.Nielsen@paysafe.com
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