SKRILL GROUP APPOINTS DAVID CLARKE AS CHIEF FINANCIAL OFFICER - Top Stories news and analysis from Global Banking & Finance Review
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SKRILL GROUP APPOINTS DAVID CLARKE AS CHIEF FINANCIAL OFFICER

Published by Gbaf News

Posted on July 1, 2014

2 min read

· Last updated: July 1, 2014

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David Clarke Appointed as CFO

Skrill Group announces the appointment of David Clarke as chief financial officer (CFO). Based at the company’s global headquarters in London, he will oversee the financial management of Skrill Group’s global operations, comprising Skrill, paysafecard and payolution.

Previous Roles and Industry Experience

Clarke joins Skrill Group from Lebara Mobile, where he held the position of Group CFO since April 2013. Prior to this he spent almost a decade working as VP and CFO EMEA for PayPal and also has held a number of senior finance roles with organisations including Logical, BroadVision, New Era of Networks Limited and Cantor Fitzgerald.

Expertise in International Financial Management

Clarke brings to Skrill Group considerable expertise in managing international finance operations in high growth, online and regulated environments. In overseeing Skrill Group’s financial activities he will play a pivotal role in ensuring that Skrill Group companies continue to invest and innovate in order to meet evolving customer needs and support ongoing growth.

David Clarke

David Clarke

Leadership Perspectives on Clarke’s Appointment

Commenting on the appointment, Skrill Group chief executive officer, Siegfried Heimgaertner, says, “The appointment of David Clarke as Skrill Group CFO demonstrates our commitment to delivering best in class online payment solutions to our customers worldwide. I have no doubt that David’s wealth of experience will enable us to reinforce and extend our current position at the heart of the online payments industry.

David Clarke’s Vision for Skrill Group

David Clarke adds, “I am delighted to be joining Skrill Group, where success has been driven by a deep commitment to innovation. In an age of skepticism towards some traditional financial institutions, companies like Skrill, paysafecard and payolution, which don’t have complex legacy infrastructures, can be nimble and provide a range of alternative services to meet customer needs. I look forward to taking the finance function to the next level, and working with the leadership team to further grow the business.”

Peter Rutland, senior managing director at CVC Capital Partners, concludes, “We are very pleased to welcome David Clarke to the executive team. The ability for Skrill Group to attract such talent is testament to the quality of the business and its growth potential.”

Key Takeaways

  • David Clarke appointed CFO of Skrill Group, based in London, overseeing global finance for Skrill, paysafecard and payolution.
  • He joins from Lebara Mobile where he was Group CFO since April 2013, with prior roles at PayPal as VP & CFO EMEA and other senior finance positions.
  • His expertise in international finance in high‑growth, online and regulated environments is expected to drive continued investment, innovation and growth.
  • Siegfried Heimgaertner highlighted Clarke’s experience as key to reinforcing Skrill’s leading position in online payments; Clarke emphasized nimbleness without legacy infrastructure as a competitive advantage.
  • CVC Capital Partners’ Peter Rutland noted Clarke’s appointment underlines Skrill Group's ability to attract top executive talent and its growth potential.

References

Frequently Asked Questions

What role will David Clarke play at Skrill Group?
He will oversee financial management of Skrill Group’s global operations, including Skrill, paysafecard and payolution, driving investment and innovation.
Where does David Clarke join from?
Clarke joins from Lebara Mobile, where he served as Group CFO since April 2013.
What relevant experience does Clarke bring?
He brings nearly a decade as VP & CFO EMEA at PayPal, plus senior finance roles at Logical, BroadVision, New Era of Networks and Cantor Fitzgerald, with strong international and regulated online finance experience.
How did Skrill’s CEO react to the appointment?
CEO Siegfried Heimgaertner praised Clarke’s experience as vital for reinforcing Skrill’s position in the online payments industry.
What did CVC Capital Partners say?
Peter Rutland said attracting talent like Clarke demonstrates the quality of Skrill’s business and its growth potential.

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