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Credit Clear (ASX:CCR) appoints David Hentschke as CEO

Technology
ASX:CCR      MCAP $104.3M
28 July 2021 16:10 (AEST)

Digital receivables management provider Credit Clear (CCR) has appointed David Hentschke as Chief Executive Officer (CEO).

Current CEO Brenton Glaister will remain with the company and will manage receivables management operations under the title Managing Director Credit Solutions.

Mr Glaister said he was pleased to begin his new role and was looking forward to working with Mr Hentschke.

“I look forward to continuing to serve our clients across Australia and support Credit Clear’s overall growth agenda,” Mr Glaister said.

“I am pleased with David’s appointment and am looking forward to the future.”

Before being appointed CEO, Mr Hentschke was Credit Clear’s Group General Manager Strategy & Technology and played a key role in overseeing the company’s product roadmap.

Prior to joining Credit Clear, Mr Hentschke was leading strategy, international and corporate development for Property Exchange Australia.

He was also part of the senior leadership team at private credit technology company Equigen.

Mr Hentschke is excited to be leading the company and is looking forward to its growth.

“I am excited to be taking the helm of this revolutionary fintech as it enters an exciting phase of growth. Credit Clear continues to drive change in payments and customer engagement with its scaleable SaaS offering and market leading technology,” Mr Hentschke commented.

“I look forward to working with the team to further develop our new generation technology, significantly enhance the customer experience and deliver shareholder value.”

Credit Clear ended the day 4.5 per cent in the green with shares trading at 58 cents in a $125.2 million market cap.

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