Worldpay, Inc Appointment of Philip Jansen as Co-CEO (5950C)

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RNS Number : 5950C

Worldpay, Inc

23 January 2018

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Worldpay, Inc.

Appointment of Mr. Philip Jansen as Co-Chief Executive Officer

As previously disclosed, on January 16, 2018, Worldpay, Inc., formerly Vantiv, Inc. (the "Company"), completed its previously announced acquisition of all of the outstanding shares of Worldpay Group Limited, formerly Worldpay Group plc ("Legacy Worldpay").

As of January 16, 2018, the board of directors of the Company appointed Messrs. Charles Drucker and Philip Jansen, age 50, as Co-Chief Executive Officers of the Company. Philip Jansen was appointed as chief executive officer of Legacy Worldpay in April 2013. He is also currently a senior adviser to Bain Capital. Philip was previously chief executive officer of Brakes Group and prior to that he held a variety of senior roles in Sodexo Holdings Limited, latterly as group chief operating officer and chief executive officer, Europe, South Africa and India. Earlier in his career, Philip was chief operating officer of MyTravel plc and managing director of Telewest Communications PLC. He started his career with Procter & Gamble. While Philip has gained significant international and chief executive officer experience in the international business sector, he has also developed key strengths in business transformation, change management and strategy development.

At this time, the Company has not entered into a new contract or arrangement with Philip Jansen in connection with his appointment as Co-Chief Executive Officer of the Company.

Pursuant to its obligations under the U.S. Securities Exchange Act of 1934, as amended, the Company released a report on Form 8-K in substantially the same form as set out above on January 22, 2018. A copy of this Form 8-K is available on the SEC's website at http://www.sec.gov.

Enquiries

 
     Worldpay, Inc. 
      Nathan Rozof, Investor Relations 
      Andrew Ciafardini, Corporate              [phone] 
      Communications                            [phone] 
     Smithfield (PR adviser to 
      Worldpay, Inc.) 
      John Kiely                                [phone] 
 

About Worldpay, Inc.

Worldpay, Inc. (NYSE: WP; LSE: WPY) is a leading payments provider with unique capability to power global integrated omni-commerce, any payment, anywhere. With industry-leading scale and an unmatched, integrated technology platform, the Company offers clients a comprehensive suite of products and services globally, delivered through a single provider.

Annually, the Company processes over 40 billion transactions through more than 300 payment types across 146 countries and 126 currencies. The Company's growth strategy includes expanding into high-growth markets, verticals and customer segments, including global eCommerce, Integrated Payments and B2B.

The Company was formed in 2018 through the combination of the No. 1 merchant acquirers in the U.S. and the U.K., Vantiv, Inc. and Worldpay Group plc. The Company trades on the NYSE as "WP" and the London Stock Exchange as "WPY".

This information is provided by RNS

The company news service from the London Stock Exchange

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January 23, 2018 02:00 ET (07:00 GMT)