Stake co-founder Matt Leibowitz returns as CEO
The founder of the popular online broker resigned as chief executive last year after seven years at the helm. But now he has returned — and with big ambitions.
Stake co-founder Matt Leibowitz will return to lead the Sydney-based investing platform less than two years after stepping down as chief executive.
Capital Brief can reveal that Leibowitz will replace Jon Howie, who was hired as his successor in January last year.
“Stake believes the time is right for its founder to step back in and unleash Stake’s potential and impact even further,” the company said.
Since relinquishing his CEO duties, Leibowitz has remained an active adviser to Howie as executive director and part of the board. Howie, who joined Stake as chief commercial officer in 2023 after stints at BlackRock, Macquarie Bank and GI Partners, is set to leave the company.
