Online Gambling NEOVIA Hires New CEO

Published Friday, August 28, 2009 -

The new President and Chief Executive Officer for Neovia, the online payment business that operates Neteller, Netbanx, Net+, and 1-Pay, will be Mark Mayhew as of this September.

Previous CEO, Ron Martin, resigned from the position last March citing "family reasons" and stopped working for the company at the end of May.

Mayhew was selected after an extensive search because of his background in payment operations. Prior to this position with Neovia, Mayhew served as the Head of U.K. Consumer Banking at Morgan Stanley and the leader of CIMS, the specialist marketing subsidiary of Cendant Corporation that designs, implements and manages customer loyalty programmes, predominantly for large banks. Most recently, Mayhew served as the Chief Executive Officer of Debrett's Ltd., a company that specializes in social etiquette.

Neovia's Chairman of the Board, Dale Johnson, stepped in as the interim CEO had great praise for their new President, and in a statement from the company said, "Mark is a very accomplished executive and his proven credentials in strategy formulation, operational development, and Plc governance, coupled with his deep financial services and payments expertise, uniquely qualify him to lead Neovia at this exciting time."

Mayhew was excited about his new position and said, "The company has a strong track record and also an eventful history, but I am excited by the opportunity to drive Neovia's next phase of growth, building on the Group's vision to deliver bold payment solutions to selected e-commerce communities."

Recently Neovia and Neteller were just given the green light by the United States Attorney's Office with the issuing of a Deferred Prosecution Agreement. Leaving it's legal troubles behind the firm and Mr.Mayhew can now focus on better times. Customers located outside of the United States still use Neteller and Neovia's other payment services to transfer funds on and off of online poker and other gambling sites. Neovia's Neteller brand will maintain ties with the online poker community.

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