Peter Vesco becomes the new CEO of ClickandBuy

Thursday, 16. June 2011 14:42
ClickandBuy /
Peter Vesco becomes the new CEO of ClickandBuy
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New management team at ClickandBuy

On July 1, 2011, Peter Vesco will replace Charles Fränkl as ClickandBuy's new
CEO. Mr. Vesco's last role was as President and Managing Director for Northern
Europe at Hypercom Corp. and he is seen in the industry as a renowned expert and
manager with many years' experience in the payment market. His previous roles
have included CEO of GSA (Germany-Switzerland-Austria) and Italian operations at
FirstData and COO of GSA and Italian operations at Atos Worldline

Charles Fränkl, who has headed ClickandBuy since January 2009, will be leaving
the company on June 30, 2011 at his own request.

Furthermore, on July 1, 2011, Frank Stoffer will assume the position of CFO and
Managing Director of ClickandBuy Holding GmbH in addition to his current
management activities at CBS GmbH. He will be replacing Frank Brinker. Frank
Stoffer brings with him many years of experience in the finance area of Deutsche
Telekom and since the takeover of ClickandBuy as a wholly-owned subsidiary of
the Deutsche Telekom AG Group, he has already made a significant contribution to
consolidating the financial structures.

Dr. Martin Enderle, Chairman of the Supervisory Board of ClickandBuy Holding
GmbH and the Head of Internet Business at Deutsche Telekom AG, comments: "With
Peter Vesco, I am pleased to have gained a top manager as ClickandBuy CEO. Since
we are interested in further developing our payment activities, his sound
payment expertise has made him an ideal candidate for us. I would like to
cordially thank Charles Fränkl and Frank Brinker for their great commitment.
Both will continue to provide support in the payment area at Deutsche Telekom

About ClickandBuy
ClickandBuy is one of the leading payment systems on the Internet. Certified by
McAfee and tested by Germany's Technical Inspection and Testing Association
(TÜV), this online payment system is currently used for Internet purchases by
over 13 million people.
Over 16,000 online traders use ClickandBuy's e-payment system for their e-
commerce, online entertainment, and paid content & services billing, including
T-Online Musicload, Gamesload, Softwareload, Videoload, Scout24 Group, Apple
iTunes, Napster, Medion, AOL,, Saturn, Meetic, Parship,,
Electronic Arts (EA), McAfee, Panda, Orange, bonprix, Redcoon,,,, RTL, Stiftung Warentest, DER SPIEGEL,
Spiegel ONLINE, Bild, Die Welt,,,, Deutsche Börse
Group, KPMG, ADAC, etc.
Founded in 1999, the online payment system is operated by ClickandBuy
International Ltd. in London. Since April 1, 2010, ClickandBuy has been a
wholly-owned subsidiary of Deutsche Telekom AG. As an e-money institution
licensed by the UK's Financial Services Authority (FSA), ClickandBuy is a full-
service system (complete payment system) that offers 50 national and
international methods of payment in 120 currencies.

ClickandBuy - media contacts

Kateryna Kogan * Corporate Communications * ClickandBuy International Limited
Lincoln House * 137 / 143 Hammersmith Road * London W14 0QL
Phone: +49 221 17738 991 * *

--- End of Message ---

Lincoln House 137 / 143 Hammersmith Road London United Kingdom

Peter Vesco - the new CEO of ClickandBuy:

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Source: ClickandBuy via Thomson Reuters ONE

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