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Planet Payment makes further executive appointments

Payment and data processing specialist Planet Payment Inc (LON:PPT & LON:PPTR, OTC:PLPM) has announced more appointments to its executive team, with Drew Soinski joining as managing director, Americas.

He will be responsible for driving the revenue growth in the existing North American markets as well as managing the business development efforts in the significant Latin American region.

Soinski most recently was VP global payments at Voltage Security and prior to that, headed business development, security solutions and terminal application engineering at Hypercom.

Planet Payment also announced the promotion of Scott Goldthwaite to SVP product management and marketing, where he is now responsible for directing the product management, marketing and sales support efforts for the company.

Goldthwaite has extensive experience in developing innovative solutions in the payments industry and holds several patents in the field of mobile payments.

Only last month, the group appointed Shane Kim as a non-executive director with immediate effect. He specialises in payments and transaction investments within the business and healthcare sectors and is a managing member of Camden Partners - a private equity firm, which focuses on business services, healthcare and education.

Just days prior to Kim’s appointment, Camden Partners-led investors converted US$8,979,926 of the company’s debt into Planet Payment shares.