Matt Leibowitz returns to lead Stake, further accelerating its impact for Australian investors

Sydney, Australia, 18 September 2025 – Stake has announced that Matt Leibowitz will be returning to lead the business after a period of significant growth and maturing of the organisation under the stewardship of Jon Howie.

With a stronger platform and team now in place, Stake believes the time is right for its founder to step back in and unleash Stake’s potential and impact even further.

“Thanks to Jon, Stake is bigger, stronger and primed for its next chapter, and ready to be founder-led again,” said Stake’s Chair, Geoff Lloyd.

Matt Leibowitz said, “I’m excited to work more actively with the team and build on the foundation Jon has created, as we take Stake to the next level.”

Matt, who co-founded Stake, handed the reins to Howie in January of 2024 with the ambition of building the team and structures to set Stake up for continued growth. During Jon’s tenure Matt still remained an active advisor to Jon as Executive Director and part of the Board.

Through Howie’s stewardship strong outcomes were achieved, all while growing the customer base and business performance through this time. Stake has achieved record revenues and customer growth over the last 12 months and now has over 750k customers across Australia and New Zealand and is the third-largest broker in Australia. 

As part of this transition, Jon Howie will depart Stake, with the company expressing gratitude for his enormous contribution.

ENDS

About Stake Stake is an investment platform that breaks barriers between ambition and financial progress. It was founded in Australia in 2017 and has since grown to over $6 billion in assets under administration by providing seamless access to the U.S. markets, CHESS-sponsored ASX trades, Stake Accumulate an income fund an income fund designed and managed to unlock consistent, attractive returns on your cash and Stake Super – an intuitive, hassle-free SMSF admin service and investing platform.