Adam Dodds to step down as CEO of stock trading app Freetrade
Freetrade’s CEO and co-founder, Adam Dodds, has announced his departure after eight years at the helm of the stock trading app.
Adam Dodds to step down as Freetrade CEO (Image: LinkedIn)
Viktor Nebehaj, the firm’s COO and co-founder, is poised to assume the CEO role moving forward.
Announcing his resignation via LinkedIn, Dodds says that following Freetrade’s first profitable quarter, “it’s time to hang up my skates”.
“Freetrade is default alive and ready to take on the incumbent platforms in the UK with self-sustaining growth.”
Founded in 2017, Freetrade is authorised and regulated by both the UK’s Financial Conduct Authority (FCA) and the Swedish Financial Supervisory Authority (FSA), and claims to service 1.5 million retail investors with access to over 6,000 stocks and exchange-traded funds (ETFs).
Reflecting on his tenure, Dodds admits Freetrade “almost died so many times it’s hard to count”. However, its operations have remained steady due to the “two constants” of its crowdfunding shareholders and the support of Nebehaj.
The outgoing CEO reassures that, going forward, he will be “doing everything I can” to support Nebehaj, and the firm, from his position on the board.
As for his next move, Dodds states that he is “looking forward to getting to know my kids better, annoying my wife on the farm, and finally getting my pilot license”.
