Patrick Tuttle, the former Co-Group CEO of Pepper, has been appointed to the board of SME lender GetCapital.
Mr Tuttle was made redundant from the Pepper Group in April of this year, after the specialist lender decided to “consolidate the CEO role”, leaving Michael Culhane in charge.
Between 2001 and 2017, Mr Tuttle helped lead the business through a period of rapid growth, international expansion and listing on the ASX.
Sydney-based business GetCapital, which specialises in working capital loans, trade finance facilities, equipment finance and property-secured loans, has said that Mr Tuttle’s appointment comes as the company “positions for the next phase of its growth”.
“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,” GetCapital CEO Jamie Osborn said.
“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 GetCapital team… I’m really excited to have the benefit of Pat’s experience and knowledge as we embark on the next phase of GetCapital’s growth.”
Speaking of his appointment, Mr Tuttle said: “GetCapital has demonstrated over the last few years that their innovative approach to SME lending resonates strongly with partners, intermediaries and customers alike.
“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.”