As online companies continue to grow, stiff competition and performance are what keep the top companies ahead of the rest. Lately we have seen many executive changes in online casino market and now we’re witnessing another change, but this time with an online payment company. Neovia began restructuring as they added the new president and chief executive officer, Mark Mayhew. This change will take place as of September of this year and will put him in a position to oversee all subsidiaries of Neovia. This will include: Neteller, Netbanx, Net+, and 1-Pay.
The former chief executive officer, Ron Martin released himself of his executive position for the online transaction companies. His reasons for leaving were personal and his job was completed by the end of May.
Mayhew has an extensive resume in the financial field and now will apply these techniques that made him a strong leader and executive to the newest branch of banking, online transactions. His former places of employment included Head of U.K. Consumer Banking at Morgan Stanley and the leader of CIMS, and most recently Chief Executive Officer of Debrett’s Ltd.
“Mark is a very accomplished executive and his proven credentials in strategy formulation, operational development, and Plc governance, coupled with his deep financial services and payments expertise, uniquely qualify him to lead Neovia at this exciting time.”
Meyhew stated, “The company has a strong track record and also an eventful history, but I am excited by the opportunity to drive Neovia’s next phase of growth, building on the Group’s vision to deliver bold payment solutions to selected e-commerce communities.”
Dale Johnson, the company’s Chairman of the Board filled the interim position of CEO until they finalized the deal with Mayhew. During that time, the company faced legal issues that were cleared up before the new CEO and President took office at the online transaction company.
