The Consumer Financial Protection Bureau (CFPB) announced late last week leadership changes in a number of its departments. In a press release, the consumer finance watchdog announced that Andrew Duke will serve as the policy associate director for external affairs. Duke has 27 years of...
DoorDash announced that it has hired another Uber executive to join its team. This time, the new hire is Ryan Sokol, who is now the company’s vice president of engineering. The news comes after DoorDash hired Prabir Adarkar, Uber’s former head of strategic finance, as its chief...
Two senior executives recently left Snap, the maker of disappearing messaging app Snapchat, for allegedly conducting inappropriate relationships with a contractor that was outside the company. According to a report in The Wall Street Journal citing people familiar with the matter, Francis Racioppi, head of global security at...
Walmart is looking for a new CEO. Bloomberg reported that the retailer has posted an opening for a “CEO, Stealth Company” who would be in charge of Store No. 8. The new executive will be responsible for “building a business from scratch,” as well as...
Online student lender CommonBond has laid off 22 employees — 18 percent of its staff — as it plans to shift investment into new areas. The layoffs were announced to employees in a company meeting on Tuesday (January 16), a company spokeswoman told Reuters in...
Snap, the struggling maker of the disappearing app Snapchat, saw its stock take a big hit after announcing its chief financial officer Tim Stone, who came on board in May, is resigning. According to a report in The Financial Times citing a Securities and Exchange Commission filing,...
The U.S. Faster Payments Council (FPC), a membership comprised of payment industry leaders, has appointed Kevin Christensen, a senior executive at the SHAZAM network, as the acting executive director and interim board chair, according to a news release by the organization. Christensen is one of...
Paysafe Group has hired Mastercard’s Walt Macnee as an independent, non-executive director. Macnee currently serves as vice chairman of Mastercard where he has led multiple global growth initiatives, with a focus on financial inclusion for the billions of people around the world without access to...
PayPal appointed Allison Johnson, a marketing veteran with over two decades of experience in her field, as the company’s new executive VP and chief marketing officer (CMO) on Monday (Jan. 14), according to a release by the company. Johnson will lead strategic marketing for PayPal...
