Stake Appoints Jon Howie as Chief Commercial Officer to Accelerate Innovation for Ambitious Investors
Howie brings over 20 years of financial services experience, including leadership roles at Blackrock, Macquarie Bank and VGI Partners.
Sydney, Australia, 17 August 2023 - Stake, the Australian investment platform, has appointed Jon Howie as Chief Commercial Officer to drive new wealth creation opportunities for ambitious investors.
Howie brings more than twenty years’ of experience in financial services, including previous roles as Head of Index Equity at Blackrock APAC, Head of iShares Australia, and leadership positions at Macquarie Bank and VGI Partners. He will promote strategic innovation across all teams at Stake, while ensuring sustainable long term business growth.
Matt Leibowitz, CEO and founder of Stake said, “Jon has an outstanding track record of driving better investor outcomes, combining in-depth knowledge of product leadership, with a talent for business strategy and the ability to motivate teams. Stake is already breaking barriers for investors via our ASX, Wall St and SMSF products, and with Jon on board, we are perfectly positioned to expand well into the future.”
Stake continues to see significant growth, reaching over $2.5 billion in assets under administration, 120% year on year active customer growth for Stake Aus, and is now the third largest investment platform in Australia, according to the Investment Trends H1 2023 report. The platform was recently awarded the Outstanding Value Award – Trader, in the Canstar 2023 Online Broker Awards.
Jon Howie, Chief Commercial Officer at Stake adds, “Stake has been a pioneer in making the markets more accessible, and is incredibly well positioned to meet current and future customer needs. As more people engage with their finances, there are incredible opportunities ahead, and I’m excited by what we can achieve.”
ENDS
About Stake
Stake was founded in Australia in 2017 with a mission to break barriers for ambitious investors. Since its launch, Stake has attracted over 500,000 customers by providing seamless access to the U.S. markets, $3 CHESS sponsored ASX trades, and Stake Super — an intuitive, hassle free SMSF platform. Stake completed a $90 million Series A funding round in May 2022 and is backed by major investors including Tiger Global and DST Global.