Wise CFO Steps Down to Focus on Recovery From Cycling Accident

Matthew Briers, the chief financial officer of Wise Plc, will step down after almost eight years in the role to focus on recovering from a bicycle accident.

(Bloomberg) — Matthew Briers, the chief financial officer of Wise Plc, will step down after almost eight years in the role to focus on recovering from a bicycle accident.

The search for a new CFO will commence immediately, the London-based payments firm said in a statement Monday.

“A year ago I returned back to work at Wise after a quite horrible accident where I went under the wheels of a bus, and so, with this in mind, my focus will shift to making a full recovery,” Briers said in the statement. 

Wise shares, which plunged in the aftermath of the collapse of Silicon Valley Bank in March in a wider financial stock selloff, have rebounded 16% since March 13. The company said last month that total revenue for its 2023 financial year rose 73%.

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