StockMarketWire.com - Payments services group PCI-PAL said it had dismissed chief executive William Catchpole and replaced him with the chief operating officer of its US division.

Catchpole was 'unanimously required by his fellow board members to resign' with immediate effect, the company said.

His replacement, James Barham, had been a director of the company since 2016.

'Our business has changed much since the disposal of IPPlus and CallScripter in 2016, with its entire focus now on the payment card data protection services of PCI Pal,' chairman Chris Fielding said.

'Our AWS platform is starting to show real promise globally justifying the significant investments we have made over the last few years.'




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