Repay Holdings (RPAY) announced that Tim Murphy will be stepping down from his role as CFO to pursue an opportunity outside of the payments industry with a private equity-backed company. Murphy has served as the CFO of REPAY since 2014, and helped guide the company to its successful public listing in 2019 while also completing eleven acquisitions during his tenure. Murphy will remain with the company until May 15 to help facilitate a smooth transition. Upon his departure from the company, Thomas Sullivan will be appointed as Interim CFO until a permanent replacement can be identified. Sullivan is currently the company’s Chief Accounting Officer.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RPAY:
- Repay Holdings price target lowered to $6 from $9 at Barclays
- Repay Holdings price target lowered to $6.50 from $8 at Keefe Bruyette
- Repay Holdings price target lowered to $9 from $11 at Barclays
- Repay Holdings: A Promising Mid-Cap Fintech with Strong Free Cash Flow and Strategic Acquisition Potential
- Repay Holdings price target lowered to $12 from $13 at Canaccord