Change Technologies Appoints Retail Field Veteran, Oded Shein, as Main Financial Officer
SAN FRANCISCO, March 15, 2021 (Globe NEWSWIRE) — Shift (NASDAQ: SFT), a foremost end-to-close vehicle ecommerce platform reworking the utilized vehicle field with a engineering-pushed, stress-free of charge buyer expertise, now announced the appointment of Oded Shein as the company’s Chief Money Officer (CFO), dependable for all Finance, Accounting and Enterprise Operations features.
Mr. Shein has intensive general public business experience in the retail industry. He served as CFO of Phase Suppliers for 7 years and is presently a Board Member and Chair of the Audit Committee at Conn’s HomePlus. He has also served as CFO of The Fresh new Current market and in senior finance roles at Belk and Charming Shoppes. Mr. Shein will oversee a staff led by other skilled finance industry experts, including Controller and Senior Vice President Blima Tuller and Vice President of FP&A and Organization Operations Julie Zarenko.
“We are extremely energized to have Oded sign up for the firm as we proceed to execute our system and make value for our shoppers, workforce and shareholders,” said George Arison, Shift’s co-founder and co-CEO. “His substantial encounter as a public enterprise CFO, his monetary know-how and his demonstrated leadership qualities will be an a must have addition to the team.”
“I am thrilled to be signing up for Change right after the file-breaking yr they had in 2020, and I feel privileged to have this prospect to serve Shift’s customers, teammates, local community and shareholders,” explained Mr. Shein.
Mr. Shein will be using around for Cindy Hanford, who will be stepping down following serving as the finance chief at Change due to the fact Oct 2019. Mr. Shein’s appointment will be helpful upon the filing of the Company’s Annual Report on Variety 10-K for the calendar year finished December 31, 2020. Ms. Hanford will keep on as a consultant to Shift to aid with the transition by way of April 21, 2021.
“On behalf of our Board of Administrators and anyone at Shift, I thank Cindy for her remarkable management and contribution as our CFO above the past calendar year. She led our finance operation as we transitioned to a publicly held organization and developed a robust finance staff. Cindy has created a important contribution to Shift, a foundation from which we create as we mature Shift” explained Toby Russel, co-founder and co-CEO.
About Change
Change is a leading stop-to-end car ecommerce platform reworking the made use of car industry with a technology-driven, stress-totally free buyer knowledge. Shift’s mission is to make automobile order and possession uncomplicated — to make buying or offering a used vehicle enjoyable, truthful, and obtainable to anyone. Change provides complete, electronic remedies all over the car possession lifecycle: finding the proper car, acquiring a take a look at drive introduced to you right before buying the automobile, a seamless digitally-driven order transaction which include funding and motor vehicle security products, an productive, digital trade-in/sale transaction, and a eyesight to offer significant-price aid expert services all through motor vehicle possession. For more info remember to visit www.shift.com.
Investor Relations Get in touch with:
Drew Haroldson, The Blueshirt Team
[email protected]
Media Get hold of:
Jeff Fox, The Blueshirt Group
[email protected]
Source: Shift Technologies, Inc.