Ally Financial has announced that Michael G. Rhodes will become its new CEO and will be appointed to the board of directors on April 29. Rhodes has just resigned as the CEO of Discover Financial Services and a member of its board of directors, Ally Financial said in a...
The head of Microsoft’s Bing search engine and ad business is reportedly leaving that role. Mikhail Parakhin’s departure — the subject of a Monday (March 25) Bloomberg News report — comes a week after the tech giant appointed DeepMind co-founder Mustafa Suleyman to head up...
Open Lending appointed its chief financial officer, Chuck Jehl, to the additional roles of chief operating officer and interim CEO after Keith Jezek resigned as CEO and board member. This leadership change is effective immediately, with Jezek remaining available to advise the company on the transition, Open Lending said...
Retail fulfillment company Fabric named eCommerce veteran Curt Avallone as its co-CEO. The appointment comes as Fabric looks to expand its operations worldwide with a focus on eGrocery, according to a Monday (March 25) press release. “Over the past 30 years, Avallone has collaborated to build new businesses...
PSCU/Co-op Solutions has appointed two new executive vice presidents (EVPs): Vel Davidov, EVP, chief financial officer, and Michael Summers, EVP, chief culture officer. Davidov, who has been with PSCU since 2002, will lead the payments credit union service organization’s (CUSO’s) financial planning and analysis (FP&A), mergers...
British payments firm Navro has named a PayPal veteran to serve as its chief revenue officer. Colin Moss-Davies, PayPal’s former head of sales, was named to his new position Thursday (March 21), Navro said in a news release provided to PYMNTS. “Having operated in the FinTech space for 25...
Bakkt Holdings has appointed a board member, Andy Main, as president and CEO, effective March 26. Main will succeed Gavin Michael, who is stepping down from those roles to pursue other interests, the provider of custody, trading and onramp capabilities for the crypto economy said in a Monday...
Payment orchestration platform BlueSnap has a new chief executive. Henry Helgeson, a 25-year veteran of the payments sector and founder of the payments company Cayan (now Tsys), will become BlueSnap’s CEO and help boost its growth by focusing on middle-market merchants, the company said Monday (March 18) in...
PublicSquare, the self-described “patriotic” marketplace, is entering the payments space. The company announced Monday (March 18) it had hired former Klarna USA CEO Brian Billingsley to serve as president of its payments subsidiary, PSQ Payments, its “uncancellable payments solution.” Billingsley brings with him more than 15...
