Target Corporation announced that it has named Hari Govind as senior vice president of infrastructure and operations for the company’s technology team. Govind, who will start the position this month, will oversee cloud-and-compute capabilities, network connectivity and operations for the retail giant’s technology that powers...
A former Goldman Sachs executive is joining FinTech Revolut’s board. Michael Sherwood, who left his position as vice chairman of Goldman Sachs in late 2016 after more than three decades with the company, is joining Revolut as a non-executive director next week. Sherwood is one of...
The U.S. Faster Payments Council (FPC) has chosen industry expert Kimberly Ford as the organization’s first executive director. Ford, who used to work with the First Data Corporation, will start on June 24 (Monday), the company said in a release. “Having the right person at...
William Hockey, co-founder, chief technology officer and president of Plaid, is leaving the company next week. However, he will remain on the company’s board of directors. “This conclusion was neither a rash nor a recent decision,” Hockey wrote in a blog post shared with reporters....
Two top bankers in the industry have turned down offers to replace former Wells Fargo CEO Timothy Sloan, who resigned in March, according to a report by The Wall Street Journal. PNC Financial Services Group CEO William Demchak and former U.S. Bancorp Chief Richard Davis...
Wells Fargo & Company announced that it has named Kate Clifford-Toomey as chief operating officer for Corporate Risk. Clifford-Toomey will start on September 3, reporting to Chief Risk Officer Mandy Norton. As COO, Clifford-Toomey will be responsible for coordinating risk operations, business architecture and strategy-related...
Wells Fargo & Co., the bank still reeling from its fake account scandal, could name interim Chief Executive Allen Parker as its permanent CEO. Reuters, citing two sources familiar with the Wells Fargo’s boards thinking, said the board is mulling Parker even though it has...
Social Finance, the online lender that goes by SoFi, was dealt another blow after three top executives said they are gearing up to leave the company. The Wall Street Journal reported that Marketing Chief Joanne Bradford, Head of Risk Kevin Moss and Ashish Jain, the...
Walmart has named Scott Eckert to lead its investment arm and startup incubator, Store No. 8. Launched in 2017, Store No. 8 was created by Marc Lore, who joined Walmart in 2016 when the retailer bought his startup, Jet.com. The goal of the endeavor is to create relationships...
