Article: Andrew Bennett named next CEO of Provide

ArticleAugust 9, 2023

Andrew Bennett named next CEO of Provide

After an incredible entrepreneurial journey marked by vision, dedication, and growth – including a successful acquisition by Fifth Third Bank in 2021 – Provide co-founders Dan Titcomb and James Bachmeier III announced they will be transitioning leadership responsibilities to the company’s most tenured employee and current Chief Business Officer Andrew Bennett.

An integral part of Provide since joining as its third employee in 2015, Bennett has worked alongside Titcomb and Bachmeier to help build the company’s growth, product, and operations infrastructure from the ground up.

Bennett said in a note to the company:

“I still remember the conversation with James in 2013 when he told me that he and Dan were moving to San Francisco to co-found a financial technology startup. Their drive and passion to transform financial services for small business owners was palpable and inspiring, and as their childhood friend, I was equal parts excited and proud. I remember being filled with admiration, plus a healthy dose of curiosity about what their startup journey would hold – and whether at some point, I might somehow fit into it.

“Two years later, in early 2015, they afforded me what has proven to be the single greatest opportunity of my professional life: a seat on the proverbial rocket ship. I hopped on a one-way flight to SFO, determined to learn as much as possible, contribute to the cause wherever and however I could, and ultimately just enjoy a front-row seat to their entrepreneurial journey. For that plane ticket and the truly life-changing adventure that followed, I will be forever grateful to Dan and James in ways that are hard to fully articulate.

“Outside of our culture and values, which have remained largely unchanged, the Provide of today would have been all but unrecognizable then — but in all the best ways imaginable. Of course, only a tiny fraction of startups make it 10 years, but even fewer impact an industry to the extent Provide has. From our team to our product suite to our technology to our brand, we’ve made enormous progress and reached milestones that would’ve been hard to fathom even five years ago — all as we’ve been lucky enough to help thousands of healthcare providers achieve their ownership dreams and pursue financial independence.

“How have we done it? I’ve always answered that question simply: Our people are what makes us great, period. I can’t imagine there’s a better example in fintech — maybe in all of financial services — of talented, good people coming together from such remarkably wide-ranging backgrounds to deliver something so unique for such a specific customer. It’s no exaggeration to say that this is a source of daily pride for me, and the #1 reason why I love coming to work every day.

“I’ve had the opportunity to wear a lot of hats over my years at Provide. As those roles have increasingly involved positions of leadership, that responsibility is one I’ve taken very seriously. As a former coach, I’ve always believed that any time you get the chance to lead, in any setting, it’s both an honor and a privilege.

“And that’s certainly how I would describe this new opportunity, to take the baton from Dan and James and lead Provide as CEO: an incredible honor and privilege. I’m inspired by our truly amazing team, I believe deeply in the work we’re doing, I love the home Provide has found at Fifth Third, and I’m humbled by the immense trust put in me by Howard [Fifth Third Bank EVP and Head of Consumer Banking Howard Hammond] and other leaders at the bank.

“Most importantly, though, I’ve never been more convinced of the importance to the healthcare industry – and to the careers and dreams of providers nationwide – of our mission and vision.”

Bennett will step into the role of Provide CEO on Sept. 12, 2023.

About Provide

Founded in 2013, Provide, Inc. is a national fintech company headquartered in San Francisco, California, with an office in Columbus, Ohio, and experts nationwide. Provide financially empowers healthcare providers to achieve their practice ownership dreams through a streamlined, completely online finance experience and personalized customer service. Its integrated suite of financial products makes opening, running, and expanding a healthcare practice easier, giving providers back their time and energy to focus on what matters most: their patients. In August 2021, Provide became a wholly owned subsidiary of Fifth Third Bank, operating as an independent business line. In 2023, Provide was named to Fast Company’s list of the World’s Most Innovative Companies, ranking among the top 10 brands in the finance category. Learn more at getprovide.com, and join the conversation on Facebook, LinkedIn, Instagram, and TikTok.

This content is for informational purposes and does not constitute the rendering of legal, accounting, tax, or investment advice, or other professional services by neither Provide, its affiliates, nor Fifth Third Bank, and it is being provided without any warranty whatsoever. Please consult with appropriate professionals related to your individual circumstances.