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The latest announcement is out from Tyro Payments Ltd. ( (AU:TYR) ).
Tyro Payments Ltd announced the resignation of its CEO and Managing Director, Jon Davey, who will leave to join a private equity-backed business outside the financial services sector. Davey, who joined Tyro in 2021 and became CEO in 2022, will remain for up to six months to ensure a smooth transition. Under his leadership, Tyro experienced significant transformation, focusing on sustainable growth and expansion into new verticals such as aged care and pet insurance. The company is positioned well for future growth, with a strong leadership team committed to executing its strategy for FY26 and beyond.
The most recent analyst rating on (AU:TYR) stock is a Hold with a A$1.30 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, provides payment solutions to over 73,000 merchants across Australia. The company offers in-store, online, and on-the-go payment solutions, working with more than 700 partners to serve sectors such as hospitality, retail, services, and health with integrated banking and lending solutions.
Average Trading Volume: 1,648,344
Technical Sentiment Signal: Sell
Current Market Cap: A$478.2M
See more insights into TYR stock on TipRanks’ Stock Analysis page.