Leadership Change at EML Signals New Phase but Raises Transition Questions

Leadership Transition at EML Payments

EML Payments Limited (ASX – EML), a global player in the fintech payments sector, has announced a significant change in its executive ranks with the appointment of Stuart Will as Chief Financial Officer, effective December 1, 2025. This move follows the resignation of James Georgeson, who has been instrumental in steering the company through a challenging period marked by strategic exits and financial restructuring.

Mr. Will, previously EML’s Group Financial Controller, steps into the CFO role with a robust background spanning over fifteen years in the payments industry. His prior leadership roles at Optal Ltd and Baby Bunting, combined with his expertise in global operations and strategic transformations, position him well to guide EML through its next phase of growth.

Building on a Foundation of Resilience

Under Georgeson’s tenure, EML undertook critical initiatives including the divestment of underperforming assets, debt facility restructuring, and enhancement of the global finance function. These efforts have fortified the company’s financial foundation and improved its standing with investors and strategic partners alike. Georgeson expressed confidence in the incoming leadership, highlighting a smooth transition planned through the first quarter of 2026.

Executive Chairman Anthony Hynes praised Georgeson’s steady leadership and the tangible progress made during his time, emphasizing that the groundwork laid is vital for EML’s future ambitions. Hynes also welcomed Will to the executive team, noting his deep integration within the company and his capability to drive operational efficiency and growth.

Looking Ahead – EML’s Growth Trajectory

EML operates across Australia, the UK, Europe, and the US, serving a diverse client base that includes major banks, government entities, and retail brands. The CFO transition comes at a pivotal moment as the company aims to 'right-size' its operating footprint and accelerate its growth engine under the banner of EML 2.0.

While the announcement does not disclose specific financial guidance or operational changes, the leadership shift signals a continued commitment to strategic transformation and market responsiveness. Investors will be watching closely to see how Will leverages his experience to build on the momentum established by his predecessor.