Splitit, a global installment payment provider, today announced that Non-Executive Director of the Board, Dawn Robertson, will assume the role of Non-Executive Chair of the Board. The company has also appointed two new non-executive outside directors, Vanessa LeFebvre and Scott Mahoney. This follows the company’s announcement of record revenues and new merchants, as the company continues to build its position as a “go-to” payout solution for responsible cash flow management.
“Over the past two years, Dawn has been an invaluable member of our Board of Directors, bringing a wealth of experience in global e-commerce,” said Brad Paterson, CEO of Splitit. “I’m also excited about the board appointments of Vanessa and Scott, who will bring to the board their strong knowledge of the U.S. retail landscape as we continue to expand our reach in North America. “
Dawn Robertson is the current CEO of On Campus Marketing and has been running businesses for over 30 years. She has held leadership positions at Old Navy, Myer Stores and launched Macys.com and Bloomingdales.com. Robertson served on the Splitit Board of Directors for two years. She will replace Spirro Pappas, who is stepping down as chairman to pursue new activities after successfully leading the board for two years as part of the company’s global expansion.
Based in Portland, Oregon, Vanessa LeFebvre brings 20 years of experience in the retail industry to the board. She is currently Senior Vice President, Commercial for Adidas in North America, where she is responsible for its wholesale, retail and e-commerce channels. Prior to that, she held senior positions at TJX, Macy’s and Stitch Fix.
Based in New York, Scott Mahoney has 20 years of investment experience across all asset classes in leadership roles at global alternative asset management firms. He is currently a member of the executive board of alternative investment advisory firm Aviditi Advisors and a partner at FinTech venture capital firm Tribeca Early Stage Partners. Scott was previously Deputy Chief Trading Officer at Millennium Management and Managing Director of Alternative Investments at Credit Suisse Asset Management.
“The addition of Vanessa and Scott as board members comes at an inflection point for Splitit, both in terms of our rate of growth but also our ability to execute ambitious strategic plans,” said Dawn Robertson. “Vanessa’s knowledge and experience in North American retail will build on our industry expertise and further broaden awareness of our offering among large merchants, while as a seasoned investment professional , Scott will play an important role in shaping our capital markets strategy. I am delighted to welcome both of them to the Splitit Board.”
The Company intends to call a meeting of shareholders to approve the appointment of Vanessa LeFebvre and Scott Mahoney as outside directors in accordance with Israeli law. Once appointed, the board will include five non-executive directors, namely Dawn Robertson, Thierry Denis, Jan Koelble, Vanessa LeFebvre and Scott Mahoney, and chief executive Brad Paterson.
Separate it is a global payment solutions provider that allows shoppers to use the credit they’ve earned by splitting their purchases into interest-free monthly installments, using their existing credit card. Splitit enables merchants to improve conversion rates and increase average order value by giving customers a quick and easy way to pay for purchases over time without requiring additional approvals. Serving many of Internet Retailer’s top 500 merchants, Splitit’s global footprint extends to thousands of merchants in countries around the world. Based in New York, Splitit has an R&D center in Israel and offices in London and Australia. The company is listed on the Australian Securities Exchange (ASX) under the code SPT.
See the source version on businesswire.com: https://www.businesswire.com/news/home/20210212005061/en/