Adyen Appoints Tom Adams as New Chief Technology Officer to Drive Innovation and Growth

Adyen Appoints Tom Adams as New Chief Technology Officer to Drive Innovation and Growth

(IN BRIEF) Adyen has appointed Tom Adams as its new Chief Technology Officer (CTO), succeeding Alexander Matthey. Adams, formerly Head of Engineering at Cash App, will oversee the strategic and technological vision of Adyen’s unified platform. His appointment has been approved by the Dutch Central Bank and awaits shareholder approval. Adams is expected to drive further innovation and growth for Adyen as the company continues to expand its global financial technology services.

(PRESS RELEASE) AMSTERDAM, 26-Aug-2024 — /EuropaWire/ — Adyen, a leading global financial technology platform, has announced the appointment of Tom Adams as its new Chief Technology Officer (CTO). Adams will succeed Alexander Matthey, who is set to step down after a decade of significant contributions to the company’s technological advancements.

Tom Adams brings a wealth of experience from his previous role as Head of Engineering at Cash App, a prominent business unit of Block, where he successfully led global engineering teams and spearheaded product innovation at scale. In his new role at Adyen, Adams will be responsible for overseeing the strategic and technological direction of the company’s unified platform, which integrates payments, data, and financial services.

Pieter van der Does, Co-Founder and Co-CEO of Adyen, expressed confidence in Adams’ ability to further strengthen Adyen’s technology leadership, stating, “Tom’s expertise in scaling engineering operations and driving innovative solutions will be invaluable as we continue to address the complexities of the payments landscape and enhance our single platform offering.”

Adams echoed this sentiment, highlighting the significant opportunities within the financial services sector, particularly as digitalization and evolving customer expectations continue to shape the industry. “I am excited to join Adyen’s exceptional team and contribute to the company’s long-term growth by focusing on customer-driven innovations,” said Adams.

The appointment has been approved by the Dutch Central Bank (De Nederlandsche Bank) and awaits formal approval by Adyen’s shareholders at an upcoming Extraordinary General Meeting (EGM).

About Adyen:

Adyen (ADYEN) is a leading financial technology platform that provides businesses with end-to-end payment capabilities, data-driven insights, and a comprehensive suite of financial products in a single global solution. Serving renowned companies such as Meta, Uber, H&M, eBay, and Microsoft, Adyen helps businesses achieve their goals faster through its innovative technology and global reach.

Adyen (ADYEN:AMS) is the financial technology platform of choice for leading companies. By providing end-to-end payments capabilities, data-driven insights, and financial products in a single global solution, Adyen helps businesses achieve their ambitions faster. With offices around the world, Adyen works with the likes of Meta, Uber, H&M, eBay, and Microsoft.

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SOURCE: Adyen NV