ON THE BOARD: Paddy Power Betfair’s ex-boss Breon Corcoran, 47, becomes CEO of fast-growing fintech firm, Worldremit
Breon Corcoran becomes chief of Worldremit
Paddy Power Betfair’s ex-boss has joined a fast-growing fintech firm.
Breon Corcoran becomes chief of Worldremit, a digital money transfer company founded by entrepreneur Ismail Ahmed that helps migrants send money back home.
Corcoran’s move means he will likely be able to rake in his full 2017 bonus of £771,120 from Paddy Power Betfair. A third of it was subject to a non-compete clause.
His goal at Worldremit is to reach 10 million customers by 2020.