PayPoint plc (LON:PAY) confirms that Guy Parsons has today been appointed to the Board of PayPoint plc as Non-Executive Director.

Mr Parsons was Executive Chairman of Appreciate Group Plc, which was acquired by PayPoint in February 2023.

Giles Kerr, Chairman, commented:

“I am delighted to welcome Guy to the Board. Guy has served as the Chairman of Appreciate Group plc and will bring a wealth of board level sales and marketing expertise from his extensive experience in the hospitality sector ”

Mr Parsons was appointed to the board of Appreciate Group as Independent Non-executive Director and Chairman-designate on 23 March 2022, becoming Non-executive Chairman on 1 April 2022. He became Executive Chair on 1 August 2022.

He has over 30 years experience in executive and non-executive roles. He was formerly a director of Accor UK, responsible for sales, marketing and operations for the Novotel hotel chain. He has also held director positions at Whitbread Plc as Sales and Marketing Director for the hotel division and as Managing Director for TGI Fridays.

In 2004 he joined Travelodge, becoming Chief Executive in 2010. Between August 2015 and 2019, Guy was Chief Executive at easyHotel plc. Between 2013 and 2022 he was a Non-executive Director and the remuneration committee chair at Yorkshire Building Society. He is also Chair at online sofa retailer, Snug.