– USA, TX – Green Dot Corporation (NYSE: GDOT) today announced the appointment of Peter Feld to its Board of Directors, effective March 11, 2022.
About Peter Feld
Mr. Feld is a Managing Member, Portfolio Manager, and the Head of Research of Starboard Value LP and has extensive experience serving on boards of companies spanning technology, information security, healthcare, and other consumer and B2B growth sectors.
Mr. Feld is currently Chair of the Board of GCP Technologies Inc. and serves on the board of NortonLifeLock Inc. (formerly known as Symantec Corporation). Previously, Mr. Feld served on the boards of Magellan Health, Inc., AECOM, Marvell Technology Group Ltd., The Brink’s Company, Insperity, Inc., Darden Restaurants, Inc., Tessera Technologies, Inc., Unwired Planet, Inc., Integrated Device Technology, Inc., CPI Corp., and SeaChange International, Inc.
“I am excited to join the Green Dot board and look forward to working with management and my fellow directors”, said Peter Feld. “We believe Green Dot is well-positioned to capitalize on the evolution of digital banking through its strong partnerships and customer base. We believe the company is deeply undervalued with significant opportunities for long-term value creation. I thank Green Dot for welcoming me onto the board and will do my part to serve the best interest of all shareholders.”
Before founding Starboard in 2011, Mr. Feld was a Managing Director and Head of Research at Ramius LLC for the funds that comprised the Value and Opportunity investment platform. Before joining Ramius in February 2005, Mr. Feld was an analyst in the Technology Investment Banking group at Banc of America Securities LLC. Mr. Feld graduated from Tufts University, where he received a B.A. in Economics.
About Green Dot
Green Dot Corporation is a financial technology and registered 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 flagship digital banking platform 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 served more than 33 million customers 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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