Daniel Henson has been named as a non-executive Chairman of Paysafe’s Board of Directors. The appointment followed William P. Foley II’s decision to step down from the board so he could focus his attention elsewhere.
Foley said he is pleased to see Henson step in as Chairman and believes Henson will be a tremendous asset to the board.
“Paysafe provides unique value in large, high-growth markets such as iGaming and eCommerce. I am confident in Paysafe’s growth outlook which supports Cannae’s large investment in Paysafe including our recent additional investment,” he said.
“I’m delighted that Dan has agreed to succeed me as Paysafe’s chairman. I’ve got to know Dan well through serving together on the Alight board and I have great confidence that he will be extremely valuable to Paysafe. As a major shareholder we look forward to continued success of Paysafe as a disruptive, specialized payments platform.”
Henson brings a wide range of experience to the position. He previously served as the Director of Healthcare Trust of America and was the Lead Director of OnDeck Capital. He held two non-executive Chairman positions after that, one for Exeter Finance and the other for Tempo Holdings.
“This is an exciting time to be joining the Paysafe board. The company benefits from unique specialized payments and ecommerce offerings which set it apart from other players in the industry and position it well for future growth. I look forward to leading the board at this momentous time,” said Henson.
Philip McHugh, CEO of Paysafe, took a moment to thank Foley for his service to the board and expressed his excitement to see Henson step in as Chairman.
“On behalf of the entire Paysafe team, I’d like to thank Bill for the leadership and vision he has brought to Paysafe to date during his time as our Chairman – it has been a real privilege to work with him,” he said. “Since listing on the NYSE last year, we have made some exciting investments and have a lot of momentum behind us. Dan is an entrepreneurial and proven executive and will be a great asset to our board as we take Paysafe to its next level of growth.”
