Shift Board appoints former Co-Group CEO of Pepper

Patrick Tuttle helped lead Pepper through its rapid expansion and listing

Shift, a provider of credit and payment platforms that help businesses trade, pay and access funds, today announced the appointment of former Co-Group CEO of Pepper Group Limited (“Pepper”), Mr. Patrick Tuttle, to the Shift Board of Directors as it positions for the next phase of its growth. The announcement comes off the back of record growth for Shift in the past 12 months. “Patrick is one of the few individuals in Australia who has helped lead the transformation of a niche lending business into a large scale, global financial services firm. I’m really excited to have the benefit of Pat’s experience and knowledge as we embark on the next phase of Shift’s growth”, said Shift CEO Jamie Osborn. Patrick was previously Co-Group CEO of Pepper, which he joined in 2001. Patrick helped lead the business through its rapid growth, international expansion and listing on the ASX. Pepper is today a diversified financial services business with over $50 billion in assets under management and 2000+ employees. Commenting on the appointment, Mr. Osborn said, “Shift today has a strong balance sheet, 70+ exceptional employees, and a market leading product range tailored to Australian SMEs. The next chapter in our journey will see considerable expansion of our business on all fronts. Patrick’s knowledge and experience is highly relevant to this next phase of our growth and we therefore see him as a valuable addition to the Shift team”. “Shift has demonstrated over the last few years that their innovative approach to SME lending resonates strongly with partners, intermediaries and customers alike”, said Patrick. “The business is now well positioned to scale and I’m looking forward to working with the management team to help them achieve their future growth ambitions”.

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