NewsHK
In the payments technology sector, private equity sponsors frequently cycle board representatives as portfolio companies move through post-IPO governance stages.
Paymentus Holdings (NYSE: PAY), the billing and payments platform based in Addison, Texas, disclosed on July 23, 2026, that Accel-KKR has done precisely that: swapping one nominated director for another with no reported rift between the parties.
The change at the board table Adam Malinowski, who held the Accel-KKR-nominated seat, notified the board on July 22, 2026, of his resignation effective the following day.
The filing is explicit that his departure was unrelated to any disagreement with the company over its operations, policies, or practices. Gregory Williams steps into the vacancy.
Keep reading