Sept 19 (Reuters) - Splitit Ltd SPT.AX :
* CO-FOUNDER, GIL DON, HAS DECIDED TO STEP DOWN FROM HIS ROLE AS CHIEF EXECUTIVE OFFICER
* BRAD PATERSON TO BE NEW CEO
* DON TO BE REPLACED AS CHIEF EXECUTIVE OFFICER BY BRAD PATERSON
* GIL DON TO TAKE UP POSITION AS GENERAL MANAGER, EMEA AND WILL REMAIN ON SPLITIT BOARD