Greg Carter, founder of SME finance platform Growth Street, has replaced James Sherwin-Smith as chief executive officer.
The appointment of Carter – who has been Growth Street’s chief risk officer since its launch – represents a return to the company’s original founder.
Carter founded Growth Street while working at Arts Alliance, the venture capital investors in Graze, Shazam and Lovefilm, before appointing Sherwin-Smith as CEO to launch the company in 2015.
Carter says: “I would like to thank James for all the hard work he put in over the last two years in growing Growth Street. We would not be where we are now without his diligent and expert leadership. The whole Growth Street family is incredibly excited for the year ahead and I look forward to building on James’ fantastic work.”
Sherwin-Smith says: “It has been a pleasure building the Growth Street business over the past 18 months. I wish Greg and the team the best of luck for the future and will watch Growth Street’s developments with interest.”