Tyro Payments Limited announced that its Chief Executive Officer (CEO), Jon Davey, has been appointed as Managing Director and is to join Tyro?s Board of Directors effective from 1 September 2023. Jon joined Tyro as CEO of Tyro?s health business in May 2021 following Tyro?s acquisition of health fintech Medipass, and was appointed as Tyro?s Group CEO on 3 October 2022. Since then, Jon has led the delivery of key product and customer experience priorities including the Tyro Go mobile EFTPOS reader, Tyro BYO payment acceptance app for iOS, Tyro Pro next generation terminal and digital onboarding of customers.

Jon also implemented a new operating model and delivered a cost reduction program that has seen $11 million in annualized costs removed from the business without impacting growth. The delivery of these key strategic priorities generated record results in fiscal year 2023 culminating in Tyro achieving its first full-year positive cash flow result as a publicly listed company. Prior to joining Tyro, Jon was Executive General Manager - Digital, Innovation & Customer Experience at NAB.

He also held roles as General Manager - Business Contact Centres & Operations and General Manager - Technology.