Tyro Payments Accelerates Outgoing CEO's Performance Rights, Awards Short-Term Incentive

MT Newswires Live

11/26

Tyro Payments (ASX:TYR) will continue vesting and accelerating outgoing Chief Executive Officer Jon Davey's performance and service rights and will award a short-term incentive payout of A$169,000 in cash, according to a Wednesday filing with the Australian bourse.

Davey is set to step down from his role at the payments company on Dec. 5 and will be succeeded by Nigel Lee on Jan. 12, 2026.

The company added that Davey's long-term incentive rights for fiscal year 2024 and fiscal year 2025 will be canceled.

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