Augmentum Fintech plc has appointed serial entrepreneur William Reeve as chairman.
The publicly listed FinTech fund said Reeve would take the role with effect from 1st November.
Reeve has extensive experience in the technology sector, both as an investor and an operator. He co-founded three technology-related businesses: Fletcher Research (acquired by Forrester Research), LOVEFiLM.com (acquired by Amazon), and Secret Escapes.
His experience spans all stages of the company growth lifecycle, including non-executive director and chair positions of startups, private equity backed businesses and publicly listed companies alike.
He is a former non-executive chair of Nutmeg (leading the sale to JP Morgan), Graze.com (leading the sale to a Carlyle fund) and Media Ingenuity, as well as non-executive director of numerous other businesses including Paddy Power plc and Zoopla.
Reeve is currently CEO of PropTech company Goodlord and a non-executive director of retailer Dunelm Group plc, from which position he is due to retire on 21st November after nine years.
Augmentum Fintech’s share price currently stands at around 100p, where it was at IPO in 2018, having risen as high as 173p in 2021.
“He brings a powerful combination of expertise as a successful technology entrepreneur who also has significant experience as a non-executive director of public and private companies,” said David Haysey, acting chairman.
“We believe his familiarity with the FinTech landscape and extensive investment network will make an important contribution to taking the company to the next level of its development.”
Tim Levene, CEO, added: “It is with great enthusiasm that we welcome William to Augmentum. His exceptional track record as a tech entrepreneur and deep expertise in the sector will be instrumental as we accelerate our growth strategy.
“William’s proven leadership and innovative vision will bring a fresh perspective and strategic value as we navigate new opportunities and expand our market presence. We look forward to leveraging his insights to drive long-term success.”