Shift Announces Upcoming CEO Transition - Seite 2

Several members of Shift’s Board of Directors made the following statements about Arison:

“Over the decade taking Shift from a startup based in his living room to a publicly listed company on Nasdaq, what stands out about George is his incredible grit and perseverance, always overcoming whatever challenges the company may face and refusing to give up,” said Emily Melton, Shift’s lead independent Director who has been on the board since 2014. “Under George’s leadership Shift has built a disruptive, customer centric business that is well positioned to grow and prosper in the years to come. On behalf of the entire Shift board, we’d like to thank George for his dedication to Shift over these many years.”

“One of George’s strengths as a CEO is his ability to take disruptive entrepreneurial ideas, combine them with data, and then distill it into actionable strategic insight, whether it comes to product, operations, relationships, or capital raising,” said Adam Nash, Shift seed investor since 2013 and Director. “This skill has been invaluable to Shift, as is once again evident in the CarLotz merger we announced today. It has been a pleasure to partner with him in helping him bring his vision to life.”

“I’ve had the pleasure to observe George’s growth as a founder who can set audacious goals into a CEO who can build a team to make those goals happen. George has demonstrated time and time again his ability to recruit top talent who can work together to build something special under his leadership. He has a knack for nurturing executives to grow and tap into their true potential as leaders,” said Manish Patel, Shift Director since 2014.

“George was the key leader in starting Shift,” said Toby Russell, Shift’s Co-Founder, current board member, and former CEO. “From developing the idea to launching the company, and throughout his nearly a decade leading at Shift, the company would not exist today without his energy, creativity and drive. His value to this business has been immeasurable.”

About Shift
Shift is a leading end-to-end auto ecommerce platform transforming the used car industry with a technology-driven, hassle-free customer experience. Shift’s mission is to make car purchase and ownership simple — to make buying or selling a used car fun, fair, and accessible to everyone. Shift provides comprehensive, digital solutions throughout the car ownership lifecycle, enabling customers to purchase a vehicle online with financing and vehicle protection products, and a vision to provide high-value support services during car ownership. For more information please visit www.shift.com.