David Sear
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SKRILL GROUP APPOINTS DAVID SEAR AS CHIEF COMMERCIAL OFFICER

Published by Gbaf News

Posted on July 15, 2014

2 min read

· Last updated: December 6, 2018

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David Sear Appointed as Chief Commercial Officer

Skrill Group announced the appointment of David Sear as Group Chief Commercial Officer (CCO). This is a new position created to oversee all commercial operations across the Skrill Group, comprising Skrill, paysafecard and payolution.

Professional Background of David Sear

Sear joins Skrill Group from Weve, the joint venture between UK mobile network operators, EE, Telefonica UK (O2) and Vodafone UK, where he was Chief Executive. He previously worked in a range of senior management positions with organisations including Travelex, VocaLink and WorldPay.

David Sear

David Sear

Sear will join Skrill Group in August and will be based at the company’s global headquarters in London.

Leadership Comments on Appointment

Siegfried Heimgaertner, CEO, Skrill Group, says, “We are delighted to welcome David Sear to Skrill Group. The payments industry is going through a period of rapid change, creating an opportunity for payment providers to evolve and innovate in order to meet shifting customer needs. I look forward to working with David to reinforce Skrill Group’s position as a provider of intelligent online payment solutions for businesses and individuals.”

David Sear’s Vision for Skrill Group

David Sear comments, “Skrill Group is very well positioned to benefit from the developing landscape of online payments. I am looking forward to working with the Skrill Group management to deliver growth and value to the organisation, and create new opportunities for businesses and individuals in the ever-evolving payments sector.

Peter Rutland, Senior Managing Director at CVC Capital Partners, concludes, “With the appointment of David Sear, Skrill Group has assembled a top quality team of talented individuals who will help drive continued growth, innovation and ultimately shareholder value.”

Key Takeaways

  • David Sear has been appointed Group Chief Commercial Officer at Skrill Group, a newly created role overseeing commercial operations.
  • He joins from Weve, where he served as Chief Executive, and brings experience from Travelex, VocaLink and WorldPay.
  • Sear will start in August at Skrill Group’s global headquarters in London.
  • Siegfried Heimgaertner emphasizes Sear’s appointment will reinforce Skrill’s position in intelligent online payments.
  • Peter Rutland of CVC Capital Partners sees Sear’s hire as bolstering growth, innovation and shareholder value.

References

Frequently Asked Questions

Who is David Sear?
David Sear is a payments executive formerly CEO of Weve, with senior experience at Travelex, VocaLink and WorldPay.
What role has he been appointed to?
He has been appointed Group Chief Commercial Officer (CCO) of Skrill Group, overseeing all commercial operations across Skrill, paysafecard and payolution.
When and where will he start?
He will join Skrill Group in August and will be based at the company’s global headquarters in London.
Who commented on the appointment?
Siegfried Heimgaertner (CEO, Skrill Group) and Peter Rutland (Senior Managing Director, CVC Capital Partners) both commented, welcoming the appointment and noting its strategic importance.

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