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  • Stephen Linehan Joins Lendbuzz as Chairman of the Audit Committee

Stephen Linehan Joins Lendbuzz as Chairman of the Audit Committee

Key Highlights:

  • Stephen Linehan appointed Chairman of the Audit Committee at Lendbuzz.

  • Linehan brings over 40 years of financial services experience.

  • Former CFO of Fair Square Financial, instrumental in its growth and sale to Ally Financial.

  • Extensive background with Capital One Financial and FDIC.

Source (Business Wire)

Notable Quotes:

“We are excited to welcome Steve to the board. He is a highly respected financial services industry veteran who has significant strategic and operational experience in enabling consumer credit companies to grow through cycles.”

Amitay Kalmar, Co-Founder and CEO at Lendbuzz

“I am incredibly impressed with Lendbuzz’s ability to combine leading edge technology with disciplined credit underwriting, and sound operational and financial infrastructure to deliver highly valued auto lending products to underserved consumers.”

Stephen Linehan, Chairman of the Audit Committee at Lendbuzz

Our Take:

The appointment of Stephen Linehan as Chairman of the Audit Committee is a significant strategic move for Lendbuzz. With a proven track record in financial services, particularly in credit and risk management, Linehan's expertise will be invaluable as Lendbuzz continues to scale. His experience with leading financial institutions like Capital One and his role in the successful growth and sale of Fair Square Financial to Ally Financial highlight his capability to drive growth and navigate complex financial landscapes. This appointment underscores Lendbuzz's commitment to robust financial oversight and strategic growth, positioning the company well to enhance its service offerings and expand its market presence.