Splitit Appoints Dawn Robertson As Board Chair

2/12/21

Dawn Robertson

NEW YORK--(BUSINESS WIRE)--Splitit, a global installment payment provider, today announces non-executive board director, Dawn Robertson, will assume the role of non-executive Chairman of the Board. The company has also appointed two new non-executive external directors, Vanessa LeFebvre and Scott Mahoney. This comes on the heels of the company’s announcement of record earnings and new merchants as the company continues to expand on its position as the “go-to” installment solution for responsible cash flow management.

“For the past two years, Dawn has been an invaluable member of our Executive Board, bringing a wealth of experience in ecommerce on a global scale,” said Brad Paterson, CEO of Splitit. “I’m also pleased with the Board’s appointment of Vanessa and Scott, who will bring their strong knowledge of the US retail landscape to the Board as we continue to expand our reach in North America.”

Dawn Robertson is the current CEO of On Campus Marketing and has been leading companies for more than 30 years. She’s held leadership positions at Old Navy, Myer Stores and launched Macys.com and Bloomingdales.com. Robertson has served on Splitit’s board of directors for two years. She will be replacing Spirro Pappas, who is stepping down as Chairman to pursue new endeavors after successfully leading the board for two years through the company’s global expansion.

Based in Portland, Oreg., Vanessa LeFebvre brings 20 years of retail industry experience to the Board. She is currently Senior Vice President, Commercial for Adidas in North America where she is responsible for its wholesale, retail stores and eCommerce channels. Prior to that she held high profile roles at TJX, Macy’s and Stitch Fix.

Based in New York, Scott Mahoney has 20 years of investment experience across asset classes in executive leadership roles at global alternative asset management firms. He is currently an Executive Council Member for alternative investment advisory firm, Aviditi Advisors and a Partner with the FinTech venture capital firm, Tribeca Early Stage Partners. Scott was previously Deputy Chief Trading Officer at Millennium Management and a 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 capacity to execute on 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 informing our capital markets strategy. I am delighted to welcome them both to the Splitit Board.”

The Company intends to call a shareholder meeting to approve the appointment of Vanessa LeFebvre and Scott Mahoney as External Directors in accordance with Israeli law. Once appointed, the Board will comprise five Non-executive Directors, being Dawn Robertson, Thierry Denis, Jan Koelble, Vanessa LeFebvre and Scott Mahoney, and Chief Executive Officer, Brad Paterson.

About Splitit

Splitit is a global payment solution provider that enables shoppers to use the credit they’ve earned by breaking up purchases into monthly interest-free installments, using their existing credit card. Splitit enables merchants to improve conversion rates and increase average order value by giving customers an easy and fast 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. Headquartered 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 ticker code SPT.

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