Christian Owens steps down after 10 years in the role
IN BRIEF:
Owens will be replaced by Jimmy Fitzgerald, Paddle’s COO
Owens will become executive chairman, working on Paddle’s product and strategy
In May 2022 they achieved a valuation of $1.4bn as part of a £162m Series D round
What does this mean?
Owens commented, “It’s hard for me to put into words the experience of building Paddle. I started this company in my bedroom, and together we have scaled it to an enduring and recognised business approaching $100m in revenue. As we push forward into our next phase, I know now is the right time for me to pass the baton of day-to-day operations.”