- Leadership Transition:
- UK-based credit card company Capital on Tap undergoes a strategic leadership transition for its next growth phase.
- David Luck’s Move:
- David Luck, founder and CEO since 2012, steps down as CEO to become the executive chairman, focusing on long-term strategy and vision.
- New CEO Appointment:
- Damian Brychcy, with almost two years as Chief Product Officer (CPO), is appointed as the new CEO, effective immediately.
- Brychcy’s Background:
- Damian Brychcy, a former lawyer, has a proven track record in driving growth and innovation, previously serving as COO until May 2022.
- Focus on Small Businesses:
- Brychcy aims to leverage his experience as a small business owner to expand the company’s credit card offering and spend management platform tailored for small businesses.
- Industry Experience:
- Capital on Tap’s credit facilities is backed by Atalaya Capital Management, JP Morgan, and Triple Point investment firm.
