Brian Downs Joins Updater as Chief Financial Officer
We are pleased to announce that Brian Downs, former SVP of Finance and Treasury at Shift4Payments, has joined our executive team as Chief Financial Officer. Brian will lead and scale Updater’s finance functions, including financial planning & analysis, accounting, treasury, capital markets, tax, insurance, investor relations, and risk management. He will partner closely with business and product teams to drive near-term financial performance and achieve long-term strategic objectives.
Downs served as Senior Vice President of Finance and Treasury of Shift4Payments (NYSE: FOUR), a global leader in commerce-enabling technology. In his 17 years at Shift4Payments, Downs played a crucial role in scaling the company from $0 to $1.5B in revenue, negotiating multiple large-scale investment rounds, and leading the company’s successful IPO in 2020.
“Brian is a tremendous addition to Updater’s executive team,” says David Greenberg, Founder and CEO of Updater. “He brings decades of experience structuring complex corporate transactions, building high-performing teams, and scaling operations for growth. I couldn’t be more thrilled that he’s joining our team, and I’m confident he will contribute to our continued growth for years to come.”
Downs also brings to Updater 8 years of experience at Draken International where he served as the company’s Director of Corporate Finance. At Draken, he helped assemble the world’s largest private air force by acquiring tactical fighter jets from foreign countries and putting them to work on Department of Defense air service contracts. He received his Bachelor’s in Finance and Masters of Business Administration from Pennsylvania State University.
“I’m thrilled to join the visionary team at Updater,” says Downs. “I’m convinced there is a massive financial opportunity for Updater as the clear market leader for helping consumers move into and set up their homes. I’m excited to help the team capitalize on the opportunities ahead and deliver on the vision to make moving homes a better experience for all.”