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End of an era at PayPoint as CEO departs

After 21 years at the helm of PayPoint, Dominic Taylor is stepping down from his role as chief executive and director of the board .

He will be succeeded by Patrick Headon, whose previous roles include managing director of Wolseley UK, business development director Europe at eBay, and managing director, Central & Eastern Europe at Diageo. Meanwhile, Lewis Alcraft, a member of the executive Board, will be appointed as chief commercial officer.

"It has been an honour to lead PayPoint from a small start-up to the scale and capability of the public company it is today,” said Taylor. “It has been an enormous privilege to work with the many talented and committed people in the PayPoint team and I am very grateful to have enjoyed their support, alongside that of our retailers and clients, in building a unique and successful business providing important services to consumers. I look forward to working closely with Patrick Headon to ensure a smooth handover and I am confident that he will lead PayPoint to even greater success in the future." 

Nick Wiles, chairman of PayPoint, said: "Dominic has made a significant contribution to establishing the company we are today, based on strong values, an entrepreneurial spirit and a focus on delivering value for all stakeholders.

“With the support of a strong team, he has built the leading bill payments and retail services provider in the UK and Romania and made significant progress against our strategy of embedding PayPoint at the heart of convenience retailing. More recently this has resulted in a simplified and more focused business with a clear roadmap against which to implement our strategy.”