Key Highlights

  • Beforepay Group shares rose 9.32% to $1.290 in the 3 November 2026 trading session, while the S&P/ASX 200 gained 0.14%.
  • The board has appointed Deputy CEO Kasey Kaplan as chief executive and managing director.
  • Current CEO Jamie Twiss will step down from the role on 7 December 2026.

During the Trading session on 3 November 2026, Beforepay Group Ltd (ASX:B4P) shares rose 9.32% to $1.290. The S&P/ASX 200 (ASX:XJO) was up 0.14%, or 12.50 points, at 8,869.00 at 2:42 pm (GMT+11) on the same day. Beforepay Group is an ASX-listed Fintech company offering consumer lending. Its ASX announcement, dated 29 October 2026, reports the appointment of a new chief executive.

Appointment

The board appointed Deputy CEO Kasey Kaplan as the next chief executive and managing director. The appointment followed a succession process that considered both internal and external candidates, with the support of an external search adviser.

Outgoing CEO

Jamie Twiss will step down on 7 December 2026, after more than five years leading the company.

Background of the new CEO

Mr Kaplan joined Beforepay in September 2021 and has helped scale its core consumer lending business. He also played a role in developing Carrington Labs, the group's AI-powered Credit analytics business. He is a non-executive director of Stakk Limited.

Sector context

The S&P/ASX 200 gained 0.14% during the session. The announcement does not comment on the consumer lending market.

Risks

Leadership transitions can affect strategy and execution, and the company has not described any changes to its direction. The outgoing chief executive remains in the role until 7 December 2026.

What lies ahead

The next step is the handover from Mr Twiss to Mr Kaplan on 7 December 2026.

Final Word

The announcement covers a planned Leadership transition.