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Tyro Payments Limited (ASX:TYR)

ALERT: Price-sensitive ASX Announcement for TYR
Current share price for TYR : $0.805 -0.265 (-24.77%)+
Announcement
Release
5 Nov 2025 8:29AM
Price at Release
$1.070
Full Release
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Summary
Tyro Payments Limited announced the appointment of Nigel Lee as the new Chief Executive Officer, effective from 12 January 2026. Nigel Lee brings over 25 years of global leadership experience in the payments, fintech, and digital sectors, with a notable track record in business scaling and digital transformation. He has held prominent roles at companies such as Ingenico and American Express. His compensation package includes a fixed annual salary of $830,000, with additional short and long-term incentives based on performance. The outgoing CEO, Jon Davey, is recognized for his contributions to Tyro's profitability and operational success. Nigel, currently based in Singapore, will move to Sydney for his new role.
Key Points
  • Tyro Payments Limited appoints Nigel Lee as CEO effective from 12 January 2026.
  • Nigel Lee has over 25 years of leadership experience in payments, fintech, and digital sectors.
  • Nigel's previous roles include positions at Ingenico, American Express, and DataMesh Group.
  • His remuneration includes a fixed annual salary of $830,000, with potential short and long-term incentives.
  • Outgoing CEO Jon Davey is credited with leading Tyro to profitability and operational excellence.
  • Nigel Lee will relocate from Singapore to Sydney for the role.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.