Personnel

Personnel
Banyan Names Citi Veteran Alpesh Chokshi as President
January 09, 2024

Item-level receipt data platform Banyan has named financial industry veteran Alpesh Chokshi as president. Chokshi, whose appointment was announced Tuesday (Jan. 9), joins Banyan following a stint as global head of business development for personal banking and wealth at Citi. He has also held positions at Visa and American...

Personnel
PhonePe Names TerraPay Veteran Ritesh Pai as CEO — International Payments
January 05, 2024

India-based digital payments company PhonePe has appointed TerraPay veteran Ritesh Pai as CEO — International Payments, saying he will lead the company’s global expansion plans. “Ritesh has been an early believer and staunch supporter of the company and was very instrumental in our early UPI[Unified...

Personnel
Sony Ventures Appoints New CEO, Creates Role of Chairman 
January 05, 2024

Sony Ventures, the dedicated investment team of Sony Group, has appointed 27-year Sony Group veteran Kazuhito Hadano as its new CEO, effective Jan. 1.  Gen Tsuchikawa, the previous CEO and chief investment officer of Sony Ventures, will assume the new role of chairman of Sony Ventures, the company...

Personnel
California Pizza Huts Slash 1,200 Jobs as in-House Delivery Ends
December 27, 2023

Two California Pizza Hut locations are eliminating in-house delivery, resulting in 1,200-plus driver layoffs. The job cuts impact Pizza Hut delivery drivers across California, including at Sacramento, Palm Springs and Los Angeles locations, Business Insider reported Tuesday (Dec. 26), citing federal employment notices. The franchisees...

Personnel
Lemonade Co-CEOs to Resume Previous Positions, Seeking Clarity of Structure
December 20, 2023

The co-CEOs of digital insurance company Lemonade will return to their previously held positions on Jan. 1. Shai Wininger will return to the position of president, while Daniel Schreiber will again be CEO, Lemonade said in a Wednesday (Dec. 20) filing with the Securities and Exchange Commission (SEC). The company’s board of directors appointed...

Personnel
Opendoor Co-Founder Eric Wu to Resign Current Roles Jan. 1
December 15, 2023

Opendoor Co-founder Eric Wu will resign from the company effective Jan. 1. Wu will leave his roles as president of marketplace and a member of the board of directors but will remain an advisor to the company and the board, Opendoor said in a Friday...

Personnel
Credit Karma Co-Founder Nichole Mustard Leaving Company 
December 14, 2023

Credit Karma co-founder and chief revenue officer Nichole Mustard is leaving the company.  Mustard, who was with the firm for over 16 years, is the third high-profile executive to leave Credit Karma this year, TechCrunch reported Thursday (Dec. 14).  “I can confirm she decided to leave the company, her contributions...

Personnel
Former PayPal CEO Dan Schulman to Leave Board Dec. 31 
December 14, 2023

Former PayPal President and CEO Dan Schulman will leave the company’s board of directors at the end of the year.  Schulman, who has served on the board since 2015 and served as president and CEO from 2015 to 2023, will depart from the board effective Dec. 31, PayPal said...

Personnel
Etsy Cuts 11% of Workforce as Sales Remain ‘Essentially Flat’
December 13, 2023

Etsy is laying off 225 employees — about 11% of its workforce — and restructuring its executive team. The move is meant to help the company focus on its most important business priorities and better serve its customers, Etsy CEO Josh Silverman said in an...