Adyen taps Klarna finance executive to lead its financial operations
Niclas Neglen, currently CFO at Klarna, will become Adyen's next chief financial officer. He replaces interim CFO Hwa Tsao, who had filled the role since August after Ethan Tandowsky left for ElevenLabs.
Adyen has selected Niclas Neglen, the chief financial officer at Klarna, to become its next CFO. The appointment brings an executive from a major rival in the payments and financial services space into a top leadership role at the Amsterdam-based company.
Neglen will take over from Hwa Tsao, who has held the position on an interim basis since August. The vacancy arose after Ethan Tandowsky stepped down from the CFO post to join ElevenLabs, prompting the temporary arrangement that now concludes with this permanent hire.
This executive move could signal a shift in how Adyen approaches its financial strategy, given Neglen's background at a buy-now-pay-later firm. Investors and industry observers may watch for changes in capital allocation or reporting priorities. Employees and shareholders could see continuity or subtle strategic adjustments depending on Neglen's focus. The appointment also highlights the competitive talent market in fintech, where senior executives frequently move between major players, potentially affecting how these companies position themselves in a crowded sector.