HiPay Appoints Grégoire Bourdin as Chief Executive Officer
Paris, 15 November 2016, 07:00 a.m. - HiPay Group (Code ISIN FR0012821916 - HIPAY), the Fintech company specialized in online payments, today announced that Grégoire Bourdin has been appointed as Chief Executive Officer, effective 15 December 2016.
Following his experience in audit at KPMG, Grégoire Bourdin, 37, served as Chief Financial Officer at HiMedia from 2008 to 2011 where he restructured financial operations, supervised all French and foreign subsidiaries, and accompanied the integration of acquired companies.
In 2012, he joined Benjamin Jayet with whom he led a dynamic investment strategy and coordinated numerous operations. Expert in the digitization of the banking sector and passionate about new models developed by Fintech, Grégoire Bourdin founded Treezor in 2014, under the aegis of BJ Invest.
Loïc Jauson, Chief Executive Officer of BJ Invest, will now represent BJ Invest on the HiPay Board of Directors. Combining his entrepreneurial experience with the creation and growth of several digital companies, Loïc Jauson has developed expertise in online payment services like those implemented by HiPay Mobile. He then co-led Prosodie Group's publishing business for seven years before joining Benjamin Jayet to support him in the development and growth of his group, where he has been the CEO since 2010.
Gabriel de Montessus will step down from the position of CEO of HiPay on December 15, 2016, after a transition period. The financial conditions of his departure are communicated in accordance with the legal provisions.
Commenting on the nomination, Benjamin Jayet, Chairman of the Board, said:
"I am delighted to welcome Grégoire as the new CEO of HiPay. His arrival completes the management restructuring started in May. He brings both passion and a considerable amount of experience in the European payments sector. The Board of Directors and I give him our full support to implement our growth strategy and to contribute to the development of shareholder value for the company. I would like to thank Gabriel for his tireless commitment in recent years, his undeniable contribution to the success of HiPay, and for the strategic initiatives he has launched. They laid the foundation for the development of HiPay."
Grégoire Bourdin added: "HiPay, with €2 billion in annual run rate on its platform, is a very promising European Fintech and I am very pleased to have the opportunity to lead this group at such an important moment. In close collaboration with the HiPay team and Benjamin Jayet, I will be committed to pursuing international development, strengthening our technological innovations and structuring the product portfolio."
Next financial communication: 16 February 2017 - 2016 Revenue.
About HiPay Group
We're a global payment provider processing more than 2bn € annually across 150 countries and 220 payment types. By harnessing data analytics, we help deliver valuable customer insights that enable our clients' businesses to succeed.
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HiPay Group is listed on the Euronext Paris Compartment C (ISIN code: FR0012821916 / Mnemo: HIPAY).
Daiana Hirte (Press)
+33 (0)1 53 32 78 90
daiana.hirte@citigate.fr
Antoine Denry (Relations Investisseurs)
+33 (0)1 53 32 78 95
antoine.denry@citigate.fr
This press release does not constitute an offer to sell or a solicitation of an offer to buy HiPay Group shares. If you wish to obtain more information about HiPay Group, please refer to our website hipay.com, under the Investors heading. This press release may contain some forward-looking statements. Although HiPay Group considers that these statements are based on reasonable statements on the publication date of this release, they are by their very nature subject to risks and uncertainties that could cause the actual results to differ from those indicated or projected in these statements. HiPay Group operates in a continually changing environment and new risks could potentially emerge. HiPay Group assumes no obligation to update these forward-looking statements, whether to reflect new information, future events or other circumstances.
