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Tyro Payments Ltd. ( (AU:TYR) ) has shared an announcement.
Tyro Payments Ltd. announced the departure of its CEO and Managing Director, Jon Davey, effective December 5, 2025, with Nigel Lee set to take over on January 12, 2026. During the interim, CFO Emma Burke will serve as acting CEO. The board recognized Davey’s contributions with a pro-rated short-term incentive and allowed the continuation and acceleration of certain performance and service rights related to his previous role at Medipass. Davey’s long-term incentive rights for FY24 and FY25 will be canceled, while a portion of his FY23 rights have vested. The board expressed gratitude for Davey’s leadership and the strong results achieved during his tenure, positioning the company for future growth.
The most recent analyst rating on (AU:TYR) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Tyro Payments Ltd. stock, see the AU:TYR Stock Forecast page.
More about Tyro Payments Ltd.
Tyro Payments Ltd., established in 2003, is a prominent player in the payment solutions industry in Australia, serving over 76,000 merchants with in-store, online, and mobile payment solutions. The company collaborates with more than 450 POS partners to provide integrated banking and lending solutions, catering to sectors such as hospitality, retail, services, and health providers.
Average Trading Volume: 2,232,074
Technical Sentiment Signal: Hold
Current Market Cap: A$537.1M
For a thorough assessment of TYR stock, go to TipRanks’ Stock Analysis page.