Tyro Payments: Leadership Transition and Strategic Continuity
Tyro Payments Limited (ASX: TYR) has announced the formal departure arrangements for CEO and Managing Director Jon Davey, who will step down on 5 December 2025. The company has appointed Nigel Lee as his successor, commencing 12 January 2026, with CFO Emma Burke serving as interim CEO. The Board confirmed a pro-rated short-term incentive of AU$169,000 for Mr Davey based on FY26 performance, along with partial vesting of Medipass-related rights in recognition of his contribution to the business since Tyro’s acquisition of Medipass. Several long-term incentive rights will lapse upon his exit, while FY23 rights have partially vested. Board Chair Fiona Pak Poy acknowledged Mr Davey’s leadership over the past four and a half years, citing strong performance and a well-positioned business for future growth. Founded in 2003, Tyro now supports more than 76,000 merchants nationwide with integrated payment, banking and lending solutions.
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Tyro Payments: Leadership Transition and Strategic Continuity
Tyro Payments Limited (ASX: TYR) has announced the formal departure arrangements for CEO and Managing Director Jon Davey, who will step down on 5 December 2025. The company has appointed Nigel Lee as his successor, commencing 12 January 2026, with CFO Emma Burke serving as interim CEO. The Board confirmed a pro-rated short-term incentive of AU$169,000 for Mr Davey based on FY26 performance, along with partial vesting of Medipass-related rights in recognition of his contribution to the business since Tyro’s acquisition of Medipass. Several long-term incentive rights will lapse upon his exit, while FY23 rights have partially vested. Board Chair Fiona Pak Poy acknowledged Mr Davey’s leadership over the past four and a half years, citing strong performance and a well-positioned business for future growth. Founded in 2003, Tyro now supports more than 76,000 merchants nationwide with integrated payment, banking and lending solutions.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au.au