World High Life appoints Robert Payment acting chairman and CEO

World High Life PLC (LON:LIFE) said it has appointed Robert Payment, its current chief financial officer, as acting chairman and chief executive.

The company noted that David Stadnyk has stepped down as its chairman and CEO with immediate effect to devote time to other business interests having successfully established and floated World High Life on the London stock exchange.

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The group said it will be looking to appoint a non-executive chairman and a full-time CEO in the near future.

“On behalf of the board, I would like to thank David for his invaluable contributions to the development of the Company and wish him well in the future”, Payment said in a statement.