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Smartpay (ASX:SMP) - resigning CEO & Managing Director, Bradley Gerdis - The Market Herald
resigning CEO & Managing Director, Bradley Gerdis
Source: Smartpay
  • CEO and Managing Director of Smartpay (SMP), Bradley Gerdis, has resigned and will step down on September 1
  • Bradley joined the company in December 2011 and joined the board in July 2012
  • Before joining Smartpay, he was a founding executive of payments and ATM company, Customers, and founding director of payments processing business, Services
  • To replace Bradley, current Chief Operating Officer and Executive Director Marty Pomeroy has been appointed
  • At Smartpay, Marty worked closely with Bradley on every aspect of the business, making him a good fit for these roles
  • Smartpay shares are down 3.23 per cent and are currently trading for 60 cents each

CEO and Managing Director of Smartpay Holdings (SMP), Bradley Gerdis, has resigned and will step down on September 1.

Once September 1 passes, Bradley will remain engaged with the business for a further three months to allow for a seamless transition.

Bradley joined the company in December 2011 and joined the board in July 2012.

Before joining Smartpay, he was a founding executive of payments and ATM company, Customers, and founding director of payments processing business, Services.

During Bradley's time at Customers, it grew from a start-up company to Australia's largest ATM operator.

Additionally, he has held several executive and non-executive director roles in public and private listed companies.

"Bradley has made an exceptional impact in his time with the business," Chairman Greg Barclay commented.

"Under his leadership, we have cemented our leading position in the NZ payments market and built a fast-growing business in Australia which is seeing substantial success," he added.

To replace Bradley, Smartpay has appointed current Chief Operating Officer and Executive Director, Marty Pomeroy.

Marty joined the company in January 2013 and was appointed to the board in April 2014.

Before joining Smartpay he was one of the two founding directors of Viaduct and he played a pivotal role in the development and success of the company.

At Smartpay, Marty worked closely with Bradley on every aspect of the business, making him a good fit for the CEO and Managing Director roles.

"We are extremely pleased and fortunate to have a person of Marty's calibre, capability and knowledge of our business accept the role of CEO and Managing Director," Greg said.

"Having worked hand in hand with Bradley on every aspect of the business over the last seven years, Marty is not only the logical successor for the role, but importantly possesses the requisite skillset to execute on the next stage of Smartpay's journey," he added.

Smartpay shares are down 3.23 per cent and are trading for 60 cents each at 2:29 pm AEST.


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