Dynamoney appoints new Chairman

Updated On November 30th, 2023By Dynamoney

Dynamoney has announced the appointment of Gregory Woszczalski as Executive Chairman the following the departure of John Murphy, Chairman of Dynamoney, formerly Grow Finance. Co-founder David Verschoor will take on the role of sole CEO of Dynamoney following the appointment of Greg, with the board confirming his appointment at the Annual General Meeting held on 28 November 2023.

With the retirement from the board of John Murphy, an election was held for the vacant Chairman position, with Gregory Woszczalski elected to the role unopposed. The remainder of the Dynamoney board remains unchanged.

Commenting on his appointment to Executive Chairman, Gregory Woszczalski said, “Dynamoney is an incredible business that has gone from strength to strength since its founding. I am excited to continue to support our shared mission of delivering opportunities for growth to Australian SMEs through our dynamic and innovative approach to financing. Taking on the role of Chairman is an exciting opportunity for me, and I look forward to continuing my close working relationship with David as we work together to build Dynamoney into the premier non-bank lender for Australian small businesses.”

The appointment of Gregory Woszczalski as Executive Chairman takes effect from today, with the remaining board members re-elected to their positions for a further term. David Verschoor, co-founder, will remain in his role as CEO, taking on sole responsibility of the position.

“We’re seeing strong growth across our business, proof that our approach to SME financing is what the market needs. I’m excited to continue to work closely with Greg as we build Dynamoney further, expanding our capabilities and expertise as an organisation that’s better for business, said David Verschoor, co-founder and CEO of Dynamoney.

Dynamoney is a leading lending partner for small to medium sized Australian businesses that are looking to grow, manage cash flow and deal in today’s increasingly complex and competitive operating environment. Using proprietary technology to assess and approve small business loans within minutes, the firm has grown rapidly since launching in 2015.

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