Nash is pleased to announce the appointment of Kellogg Fairbank as CEO. Kellogg’s industry expertise and knowledge of our products make him the ideal person to lead us forward, while the Nash co-founders continue to head their technical and legal teams.
The appointment of an experienced CEO is an important step in transitioning from small start-up to growing business. A single person with a clear vision for the company can coordinate strategy and provide leadership more effectively than a group voting on decisions. Nash will hand this responsibility to Kellogg, whose decades of business experience will help us re-shape the company as we execute our new strategy.
Kellogg is a veteran of the payments industry. As Vice President of International Sales and later Head of Business Development at Braintree, he helped grow the company to $12 billion in overall payments volume and $4 billion in mobile payments volume annually. This has since grown to $100 billion. The company was acquired by PayPal in September 2013 for $800 million, where Kellogg continued in the role of Senior Director of Global Business Development.
After PayPal, Kellogg led the US/EU Sales, Marketing and Account Management teams at 2C2P, a payment solutions provider that helps companies accept payments from over 620 million banked and unbanked customers in South-East Asia. He then gained experience as a co-founder and Head of Sales and Marketing at Tenner, a SaaS payments analytics and reporting platform, which he exited in 2020, before joining Nash as Head of Global Business Development.
“My first task as CEO of Nash will be to improve our internal processes around product management,” Kellogg announced. “We have a great engineering team and a fantastic vision for our products, but we’ve had issues in the past with delivery time and quality control. I’ll be making sure there is more accountability for delivering bug-free software on time, which will also help our marketing team coordinate their promotion. As Nash gets ready to expand in Europe, I’ll be working to optimize our growth strategy, build a strong company image and foster our network of partners – all of which will put us in a great position to raise Series A funding later this year.”
Nash co-founder Fabian Wahle commented: “Kellogg’s business skills have been a huge asset to Nash since he joined the company last year. He has helped us strike deals with top projects, steer our way through a pivot and sharpen our messaging. He is the natural choice to take us forward in the CEO role and the team is very excited to get to work under his leadership. I am confident that as Nash seeks Series A funding Kellogg and his vast network will be essential to our success.”
Kellogg added: “It’s a great privilege to be entrusted with this responsibility. I want to make Nash a huge success for our team, investors and community.”
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