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Shift (SFT) Announces CEO Transition

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Shift Announces Upcoming CEO Transition

August 9, 2022 4:30 PM EDT

Current President Jeff Clementz Appointed CEO and Member of the Board of Directors Effective September 1

SAN FRANCISCO, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Shift Technologies, Inc. (Nasdaq: SFT) and its Board of Directors announced today that Co-Founder and CEO George Arison will be stepping down as CEO effective September 1, 2022, and will be succeeded by the President of Shift, Jeff Clementz. Mr. Arison will continue in his role as Chairman of the Board of Directors.

Arison started Shift in 2013. Since then, Shift has served over 100,000 customers and generated approximately $2 billion in... More