– USA, CA – Green Dot Corporation (NYSE: GDOT), a digital bank and fintech today announced the appointment of Board member and CFO and COO, George Gresham, as President and CEO, effective from October 14, 2022, succeeding Dan Henry who resigned from the company.
“The Board is confident that George is the right person to lead Green Dot through its next phase of growth, and we are grateful to have a proven leader of George’s caliber and experience to step into the role of CEO,” said Board Chairman, William Jacobs. “As Green Dot’s Chief Financial and Operating Officer and a member of the Board, George has deep experience with Green Dot and its strategy and an appreciation for the strengths of its dedicated team members.”
Mr. Gresham will continue to serve as CFO and COO on an interim basis until a successor is appointed.
About George Gresham
George Gresham has extensive leadership experience at Green Dot and significant operational and financial expertise. Most recently, Mr. Gresham has served as Green Dot’s CFO and COO and as a member of Green Dot’s Board of Directors since October 2021. He also previously served on Green Dot’s Board of Directors from May 2016 to May 2019.
“I look forward to continuing to work closely with the Green Dot Board and management team to advance our objectives – enhancing shareholder value and building Green Dot into one of the leading fintech companies with a digital bank,” said Mr. Gresham. “Green Dot has market-leading capabilities and tremendous potential for further growth, and I am confident in our team’s ability to continue to innovate and provide our clients with sophisticated banking and payment solutions.”
Veteran payments and fintech executive, Mr. Gresham was CFO at NetSpend Holdings from 2010 to 2013; CFO and EVP at Global Cash Access, a multinational, publicly traded payments company specializing in merchant payment processing solutions in the gaming industry, from 2008 to 2010; and CFO and CAO at EFD (eFunds Corporation, which was ultimately sold to FIS) from 2002 through 2007. Mr. Gresham has also served on the Board of EML Payments, a multi-national provider of GPR, gift, payroll, and other payment solutions, from April 2020 to August 2021. From July 2013 to October 2021, Mr. Gresham served as owner and CEO of Granite Reef Advisers, Inc., an advisory firm focused on providing third-party assistance in acquisition target evaluation and execution, and as a director from May 2016 until May 2019. Since March 2017, Mr. Gresham has served as Co-Founder and as a member of the board of directors of Dama Technologies.
A graduate of Northern Arizona University with a Bachelor of Science in Accountancy, Gresham received his MBA at the Thunderbird School of Global Management in 2006.
About Green Dot
Green Dot Corporation is a financial technology and bank holding company committed to giving all people the power to bank seamlessly, affordably, and with confidence. Green Dot’s technology platform enables it to build products and features that address the most pressing financial challenges of consumers and businesses, transforming the way they manage and move money and making financial empowerment more accessible for all.
Green Dot offers a broad set of financial services to consumers and businesses including debit, checking, credit, prepaid, and payroll cards, as well as robust money processing services, tax refunds, cash deposits, and disbursements. Its digital bank GO2bank offers consumers simple and accessible mobile banking designed to help improve financial health over time. The company’s banking platform services business enables a growing list of the world’s largest and most trusted consumer and technology brands to deploy customized, seamless, value-driven money management solutions for their customers.
Founded in 1999, Green Dot has powered more than 33 million accounts directly, and many millions more through its partners. The Green Dot Network of more than 90,000 retail distribution locations nationwide, more than all remaining bank branches in the U.S. combined, enables it to operate primarily as a “branchless bank.” Green Dot Bank is a subsidiary of Green Dot Corporation and a member of the FDIC.
For more information: https://www.greendot.com/
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