Spaceship shuffles the exec team as others depart

Superannuation startup Spaceship have announced a reduction in the size of their team, with four members of the Spaceship team to depart.

In a statement from the fintech, the company stated, “We made this decision to accelerate our path to self sustainability and ensure we are well positioned to navigate the challenges of the current macro environment. While these changes serve to help Spaceship reduce its operating costs, our strategy and core business remain unchanged, and there will be no impact to the products we offer customers.”

CEO Andrew Moore added, “This is not a decision we imagined would be ahead of us when making hiring decisions. We are deeply grateful for everything these team members have done to help build Spaceship, and this is in no way a reflection on their contributions. We will be making every effort to provide those impacted with the appropriate support.”

Spaceship has also made some changes to its leadership.

Katrina Sly, Spaceship’s Chief Financial Officer, is assuming a wider operational remit in the newly-created joint role of Chief Operating Officer/Chief Financial Officer.

Tom Kildea, who has been a senior member of Spaceship’s risk and compliance and operations teams for more than five years, has been appointed as Chief Risk Officer.

In addition, Senior Portfolio Manager Jason Sedawie will assume a wider leadership role within Spaceship in a newly-created position of VP of Investments.