CCV chief heads for Paymentshield

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Cullum shuffles Towergate pack

Tim Johnson, chief executive of CCV is to leave the company for the top role at Paymentshield.

A replacement for Mr Johnson at CCV has not been confirmed but market sources suggest the Clive Nathan has been sounded out about the position. It is thought that he will not accept the offer and the search for a replacement is continuing.

Stuart Pender, current chief executive of Paymentshield, will become non-executive chairman with a remit to focus on the broader three-to-five-year strategy. Andy

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