Synchrony announces Lead Independent Director, Jeff Naylor, as the next Chair of the Board of Directors

– USA, CT –  Synchrony (NYSE: SYF) today announced the appointment of current Lead Independent Director, Jeff Naylor, as the next Chair of the Board of Directors, to succeed Executive Chair Margaret Keane who will retire effective April 3, 2023.

Margaret has been the CEO since 2015 and has served as Executive Chair of the Board since April 2021.

About Jeffrey Naylor

Jeff Naylor has been a member of the Synchrony Board since 2014. He has extensive management and business expertise, including as former CFO and CAO at the TJX Companies, and as SVP and CFO at Big Lots. He also serves on the boards of Dollar Tree and Wayfair.

“Synchrony has long benefited from Jeff’s invaluable experience, leadership and expertise,” said CEO, Brian Doubles. “During his tenure on our Board, Jeff has been active in engaging our people and teams and willing to lend his counsel, insights, and advice. He has been a key partner and advisor as we continue to manage the company for the long term. I look forward to deepening our work with Jeff and the entire Board as we focus on growing and diversifying our business, delivering best-in-class customer experiences, and continuing to build on our great culture.” 

About Synchrony

Synchrony is a premier consumer financial services company delivering one of the industry’s most complete digitally-enabled product suites. Our experience, expertise and scale encompass a broad spectrum of industries including digital, health and wellness, retail, telecommunications, home, auto, outdoor, pet and more. We have an established and diverse group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers, which we refer to as our “partners.” We connect our partners and consumers through our dynamic financial ecosystem and provide them with a diverse set of financing solutions and innovative digital capabilities to address their specific needs and deliver seamless, omnichannel experiences. We offer the right financing products to the right customers in their channel of choice.

For more information : https://www.synchrony.com/

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