PayByPhone Appoints New Chief Financial Officer

PayByPhone, the global leader in mobile parking payments and a wholly-owned subsidiary of Volkswagen Financial Services AG, announces the appointment of Nick Hamill as Chief Financial Officer, effective 1 August 2023.

Thirty-nine-year-old Hamill previously served as Vice President, Finance at PayByPhone, working closely with departing CFO Daniel Ungar, who relocates to Germany to begin a new position within Volkswagen Financial Services AG. Hamill will report to the PayByPhone supervisory board, chaired by Jan Ebert, Head of Controlling, Volkswagen Financial Services AG.

Ebert says, “Going forward, as PayByPhone continues to evolve, we can rely on Nick’s proven track record and extensive experience to provide decisive fiscal management and authentic leadership to a stimulating and complex role.”

Hamill says, “As a global business, we will continue to prioritise sustainable growth, and a well-defined and effectively implemented financial strategy is fundamental to achieving that. Alongside the finance teams in our markets and with the support of our management board, I am eager to deliver success not only to our shareholder, Volkswagen Financial Services AG, but also to our users worldwide.”

In his new role, Hamill, who is based in Vancouver, Canada, will also oversee the legal, compliance, procurement, and administration functions. He joined PayByPhone in November 2021 from Silver Chef, where he was Vice President, Finance. Throughout his career, Hamill has held a variety of financial leadership roles. He is a Chartered Professional Accountant (Canada), a Chartered Business Valuator, and he has a Bachelor of Commerce in Business from the University of Victoria, Canada.

Ungar became PayByPhone’s CFO in July 2021 from Volkswagen Leasing GmbH, where he was Head of Sales Steering and Pricing. Previously, he was Managing Director and CFO at sunhill technologies GmbH, now PayByPhone Deutschland GmbH.

Ebert says, “Daniel has played a vital role over the past two years, significantly improving PayByPhone’s financial performance while ensuring continued growth. On behalf of Volkswagen Financial Services AG, I would like to express my gratitude to Daniel for his hard work and dedication and welcome him back to the parent-company as he returns to take on a new role.”

For more information about PayByPhone, visit www.paybyphone.co.uk

About PayByPhone 

PayByPhone’s aim is simple: simplify your journey so you can focus on what matters most. As a wholly-owned subsidiary of Volkswagen Financial Services AG, it is one of the fastest-growing mobile payments companies in the world, processing more than $550 million in payments and over 5 million downloads per year. Available in more than 1,200 cities across the globe, PayByPhone helps millions of consumers easily and safely pay for parking without the hassles of coins, lines, or fines. Its smart, intuitive technology is at the center of its user-first approach, delivered to make everything as simple as possible. For more information, please visit www.paybyphone.com.