Retail Decisions (ReD), a world-leader in payment fraud prevention and payment processing, has announced changes to its Board which will see Carl Clump become Group Chairman and Paul Stanley appointed Chief Executive Officer.
Paul Stanley joins as CEO from 1st August. Paul joins from First Data International, where he last served as Managing Director and Senior Vice President of its financial services business for the European, Middle Eastern, African and Asian regions. Prior to that, Paul was a director at LINK Interchange Network Ltd, and CEO of Moneybox Plc.
Paul brings to ReD a long-standing track record as an executive and entrepreneur in payments businesses globally. His international experience will be valuable in leading ReD to its next phase of international growth.
"Paul Stanley, CEO said I am very excited to be joining the ReD team at this key point in the development of the business. Risk management, security and fraud protection in payments are significant growth areas in the industry and ReD has developed unique intellectual property and a strong team to address this market. I am grateful to Carl for his outstanding leadership of the business over the last 11 years, and look forward to working with the team to deliver further growth and success."
After over eleven years as CEO, guiding ReD through a period of sustained growth internationally, Carl Clump takes on the role of Group Chairman. Amongst Carl's responsibilities will be further developing the Asia Pacific market.