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Safecharge International cues up replacement for chairman with new appointment
Payment technology firm SafeCharge International announced on Tuesday that Jeremy Nicholds has been appointed as deputy chairman with immediate effect.
The AIM-traded company said it intends for non-executive director Nicholds to take over as non-executive chairman when Roger Withers retires from the board towards the end of this year.
SafeCharge described Withers' shortlisted replacement as an "experienced commercial director" with a track record of success in marketing and sales under a variety of different conditions.
Nicholds joined the company in 2016 having previously held the roles of executive director at Visa Europe, senior vice president at MasterCard Europe and head of personal cards at Natwest Cards.
Furthermore, Nicholds is currently non-executive director of SafeCharge's fellow AIM listed company Vipera plc.
Roger Withers, non-executive chairman of SafeCharge, said: "Since his appointment, Jeremy has made a significant contribution to the company's board through his extensive knowledge of the payments industry. On behalf of the board, I am delighted that Jeremy has agreed to become my deputy."
As of 1140 BST, SafeCharge International Group's shares were up 2.72% at 340.00p.