Worldpay poaches Santander's Peter Jackson to be new UK CEO

2nd Feb 2017 08:16

(ShareCast News) - Worldpay has poached Santander's former head of global innovation Peter Jackson to head its UK business, starting on 1 March.The online payments company said that Jackson will report to group chief executive Philip Jansen.Prior to Santander, Jackson was chief executive at Travelex and held senior positions at Lloyds and Halifax Bank of Scotland, and McKinsey & Company.Jansen said that Jackson's experience in digital innovation and business transformation, along with his experience and knowledge of the financial services industry will add real value to Worldpay.Jackson added: "The UK is one of the leaders of technology innovation in Europe. Worldpay sits at the heart of these exciting developments. It is playing a key role in helping its customers capitalise on the opportunities presented by the new digital economy."I look forward to leading a business that is helping merchants of all sizes to navigate and benefit from this rapidly changing market."Meanwhile, shares in Worldpay were down just over 4% on Thursday after Ship Global 2, a company jointly owned by funds managed by Advent International and Bain Capital, announced that it sold 214m shares in Worldpay at 282.75p each.The share placing raised about £606m and following completion of the placing, expected on 6 February, Ship Global 2 will no longer hold any shares in the company.Shares in Worldpay were down 4.17% to 275.70p at 1138 GMT.