Tyro Payments has announced that CEO and Managing Director Jon Davey will step down from his role after accepting a new CEO position at a private equity-backed company outside the financial services sector. Based in Melbourne, the new role aligns with Davey’s residence. He will remain with Tyro for up to six months to assist with a smooth leadership transition while the company conducts an Executive search. Davey joined Tyro in 2021 through the company’s acquisition of Medipass, where he served as CEO, and was appointed CEO of Tyro in September 2022.
Davey stated, “It’s been a privilege to lead Tyro. I’m proud of what we’ve achieved and confident in the company’s future, I remain fully committed to supporting the business and ensuring a seamless handover to the next CEO.” Tyro Chair Fiona Pak Poy acknowledged Davey’s contributions, stating, “Jon has made a substantial contribution to Tyro leading the company through a period of significant transformation. He has cultivated a high-performance culture, executed with focus, and laid the foundations for sustainable growth.”
