Paymark boss Mark Rushworth resigns as sales process drags on

Thu, 15 Dec 2016

By Paul McBeth Dec. 15 (BusinessDesk) - Paymark chief executive Mark Rushworth has resigned from the electronic payments firm owned by the country's four major banks as the sale process kicked off in February looks set to drag into 2017. ANZ Bank New Zealand, ASB Bank, Bank of New Zealand and Westpac Banking Corp started a sales process earlier this year but had yet to find a buyer and the process was likely to continue into next year, prompting Rushworth's resignation, chairman Stephen Franks said in a statement. "That process has u...

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