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Former Pepper CEO joins HashChing

by Reporter4 minute read
Patrick Tuttle

Patrick Tuttle, the former CEO of Pepper Group, has joined the board of directors of HashChing.

As the online mortgage marketplace continues its executive expansion, it has welcomed to the board Pepper’s former co-group CEO, Patrick Tuttle.

With more than 30 years of commercial experience (both domestically and internationally), Mr Tuttle has held senior roles at Macquarie Bank and led Pepper as co-group CEO between 2001 and 2017. 

Mr Tuttle was made redundant from the Pepper Group in April 2017, after the specialist lender decided to “consolidate the CEO role”, leaving Michael Culhane in charge.

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He has been taking on several executive positions since leaving the specialist lender, and he was recently appointed to the board of SME lender GetCapital.

Speaking of his new role on HashChing’s board of directors, Mr Tuttle said: “I’d been at Pepper for a significant chunk of my professional career, so it was initially a challenge to walk away from. But since moving into my role with HashChing, I can confidently say I am delighted to be a part of their journey.

“HashChing is the complete package. It has impressive technology and a wealth of data, but importantly, it strongly believes in the value of human connection in its customers’ home loan journey. The relationships they have built and have with mortgage brokers are also second to none.

“Having led the Pepper Group during a period of rapid business expansion in both Australia and across a range of international markets, I believe there’s a lot of strategic value that I can bring to HashChing.”

Mr Tuttle added that he was “looking forward” to working with the company to “accelerate the growth of the firm”, which has reportedly processed more than $15.6 billion worth of home loan applications and has around 690 broker partners.

HashChing CEO Mandeep Sodhi said that Mr Tuttle’s knowledge of the industry would be invaluable in helping the company expand into other verticals and, potentially, overseas. 

Mr Sodhi said: “We are absolutely thrilled that Patrick is joining the board. Having someone of his calibre as part of the team is a true testament to how far HashChing has come and what the company is capable of.

“Patrick’s leadership experience in the mortgage space will prove invaluable as HashChing embarks on a new period of growth and expansion. Having answered borrowers’ primary concerns, our eyes are set on solving the issues customers don’t know they have and improving those which have unnecessarily been accepted as ‘just part of the process’.”

[Related: HashChing hires former Westpac exec as co-founder steps down]

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