The ai Corporation names CCO Piers Horak as new CEO
UK-based paytech The ai Corporation has promoted its chief commercial officer (CCO) of almost five years, Piers Horak, to the position of CEO, effective December 2023.
The ai Corporation names Piers Horak as CEO
Horak succeeds Dr Mark Goldspink in the role following his 10-year tenure as CEO being cut short late last year due to cited health reasons.
While Goldspink’s remit as CEO focused largely on “rejuvenating” The ai Corporation alongside chairman Ashley Head, Horak’s focus is expected to land on “developing innovative technology” that enables its business customers, particularly within the retail fuel mobility and banking sectors, to provide omnichannel payment experiences while mitigating the risk of fraud.
Founded in 1998 with offices in Woking, UK and Dublin, Ireland, The ai Corporation offers a suite of B2B fleet and mobility payment, fraud management and business intelligence self-service tools, counting over 100 banks and three million multi-channel merchants among its current clientele.
Its new CEO is set to leverage over 15 years of experience in enterprise retail payments, banking and fraud prevention to satisfy his assigned remit. Initially joining the paytech in 2013 as a regional manager for South Africa and the UK, Horak has since ascended the ranks to lead its commercial business operations as CCO.
Head describes Horak as “an integral part of our organisation for the past decade”, having displayed “exceptional leadership, strategic insight, and an unparalleled grasp of our industry and our company’s workings”.
Prior to The ai Corporation, Horak held “pivotal leadership roles” at Mastercard and its payment gateway service DataCash where, among other achievements, he worked at “fostering B2B commercial growth”.
