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Industrials

Wirecard's Matthias resigns as chairman

Jan 10 (Reuters) - Wirecard AG Chairman Wulf Matthias, 75, resigned from his position due to personal reasons, the German payments company said on Friday.

Thomas Eichelmann, a member of the supervisory board, has been elected to replace him, Wirecard said in a statement.

Matthias, who joined as chairman in 2008, will remain a member of the board, the company added.

German daily Handelsblatt reported last year Matthias would not stand for a second term for age reasons. (Reporting by Bhargav Acharya in Bengaluru; Editing by Aditya Soni)

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