Afterpay, an Australian financial technology company operating in the United States, United Kingdom, Australia, and New Zealand announced that Facebook’s former Chief Marketing Officer, Gary S. Briggs will join its Board of Directors, effective January 1, 2020. A seasoned senior executive from some of the world’s most important and powerful brands, Gary will bring his expertise in digital marketing, customer acquisition and strategic partnerships to the company.

“The Afterpay business model speaks to the new generation of shoppers - those younger consumers who want to budget and control their spending on things that are important in their lives,” says Gary. “As someone who has worked in consumer brands for my entire career, I see a tremendous opportunity ahead for this business because it is truly loved by both consumers and retailers alike for the unique value it delivers,” he adds.

“Mr. Briggs is an exceptional executive with hands-on experience building world-class brands during periods of significant growth and remarkable business success,” says Elana Rubin, Interim Chairman, Afterpay Touch Group. “We are proud and excited to welcome someone

Mr. Briggs is an exceptional executive with hands-on experience building world-class brands during periods of significant growth and remarkable business success

of Mr. Briggs’ calibre as a new independent board member, at a time when the business is gaining strong momentum among retailers and a new generation of shoppers across the world,” she adds.

One of the most experienced marketing leaders in the Internet industry today, Gary served as the Chief Marketing Officer at Facebook from 2013-18, a period of tremendous growth for the company. Prior to Facebook, Gary led marketing for other industry-leading technology companies including Motorola Mobility, Google, eBay, and PayPal. He is currently serving as a member of the Board of Directors for Petco and Etsy. He received his undergraduate degree from Brown University and a Master’s in Business Administration focused on management, finance, and marketing from Kellogg School of Management.

The Afterpay’s platform offered by retailers allows shoppers to receive products immediately and pay for them in four installments. The service is completely free for customers who pay on time - helping consumers spend money responsibly, without incurring interest, fees or revolving and extended debt. Globally, installment payments represented $1.2 trillion in payment volume in 2017 and have been growing 15 percent year-over-year, which is twice as fast as credit cards.