Propel Holdings Inc.

Clive is Co-Founder and Chief Executive Officer of Propel Holdings. Propel has developed and thrived under Clive’s leadership since its inception in 2011. His financial acumen, bold visionary approach and passion for excellence has steered Propel to becoming a leader in its industry. Clive brings with him a long and successful history of building successful, innovative tech businesses powered by collaborative and dynamic teams. Prior to starting Propel, Clive was Co-Founder and President of OPENLANE, a B2B online exchange for used vehicles, which under his guidance and leadership disrupted the traditional brick and mortar automotive auto auction model, and transformed the industry. OPENLANE was sold to ADESA, a major subsidiary of KAR Auction Services (NYSE:KAR), in 2011. Prior to that, Clive worked for NSA Investments, the largest publicly traded private equity company in South Africa. Clive sits on several corporate Boards and is also a Board Member for the Online Lender’s Alliance (OLA), the main industry body representing the fast-growing online lending industry. Clive is a Chartered Accountant and completed his Articles at Arthur Andersen. He also holds a BComm, BAcc from the University of Witwatersrand in South Africa. Clive is an avid world traveller with his wife and two children and never misses a tennis match.

As Executive Vice President and Chief Financial Officer (CFO) of Propel, Sheldon oversees all of the company’s financial functions, including accounting and reporting, treasury, financial strategy and planning, commercial and transaction structuring, audit and corporate finance. Since Propel’s inception, Sheldon has played a lead strategic role in shaping and guiding the business through its various stages of development and growth. Sheldon prides himself on building shareholder value and delivering excellence as a business leader. He consistently inspires confidence with our key business partners including lenders, bankers and investors. Sheldon brings more than 18 years of global experience in building organizations and leading finance teams as well as varied experience in corporate finance, financial analytics and management, strategy, business leadership and commercial structuring. His career began with Accenture (NYSE: ACN) where he held consulting and finance roles in both North America and the UK. Sheldon is a graduate of the Schulich School of Business with an Honours B.B.A. and Specialty in Finance. He also holds a Chartered Financial Analyst (CFA) designation. Outside of work, he loves spending time with his wife and two boys, enjoys studying history and is a huge basketball fan.

Gary joined the team in 2016 as President of Propel Holdings, bringing with him over 20 years of leadership experience in developing and growing online businesses. At Propel, Gary’s focus on Technology Innovation, Operational Excellence and Continuous Improvement has been instrumental in helping the company to scale rapidly and efficiently. Prior to joining Propel, Gary was the Chief Information Officer (CIO) for ADESA, a wholesale auto auction services company and subsidiary of KAR Auction Services (NYSE:KAR). As CIO, Gary was a key member of the ADESA executive team and oversaw technology development for online and brick-and-mortar sites. Gary joined ADESA in 2011 through the acquisition of OPENLANE, the world’s leading pure online B2B used vehicle exchange. As co-founder and the CIO of OPENLANE, Gary led the company’s technology team from start-up through to scale-up and successful sale to ADESA. Gary started his career at Ernst & Young’s Management Services in South Africa, where he worked as an Information Technology consultant on business process re-engineering, software development and enterprise resource planning (ERP) system projects. Gary obtained a Bachelor of Business Science and Information Systems (Hons) from the University of Cape Town, South Africa. Gary lives in Toronto with his wife and two kids and is an enthusiastic cyclist and rugby fan.

Jonathan co-founded Propel in 2011, creating and leading the Risk and Technology functions. In this capacity, he designed and built the custom underwriting platform, led development of our proprietary loan management system, as well as the software development, QA and business analysis teams. Currently, Jonathan leads the Risk group, which is responsible for all aspects of evaluating the risk of both potential customers as well as broader macro risk: to maximize credit inclusiveness, while protecting against fraud and credit losses. Jonathan brought with him a wealth of experience in artificial intelligence and machine learning, which has translated into Propel’s strength as a financial technology leader. Jonathan received his S.B. and M.Eng. from Massachusetts Institute of Technology, with a focus on artificial intelligence, and a Ph.D. in Biological Engineering from University of California, Berkeley. Outside of work, Jonathan spends much of his time in the pool, swimming competitively, and with his husband and two daughters.