JPMorganChase’s artificial intelligence chief, Teresa Heitsenrether, will retire from the company at the end of the year, Bloomberg reported Wednesday (July 1). Heitsenrether has been with the bank for nearly 40 years, previously led its prime brokerage and securities services units, currently serves as chief...
Synchrony has announced three executive leadership changes as Bart Schaller retires from the consumer financial services company, where he most recently served as executive vice president and CEO of its Digital platform. Schaller will be succeeded in those roles by Carol Juel, who most recently...
Vehicle subscription company Autonomy has appointed Mercedes-Benz executive Fred Weick as CEO. Weick succeeds Autonomy founder Scott Painter, who will serve as lead director of the Autonomy board. Weick will report to Painter, the company said in a Monday (June 29) press release. Weick spent more than 30 years at Mercedes-Benz (formerly Daimler) and...
JPMorgan Chase has promoted two executives to potentially succeed longtime Chief Executive Officer Jamie Dimon. Doug Petno and Troy Rohrbaugh, co-CEOs of the bank’s commercial and investment bank business (CIB), have been named co-presidents of the country’s largest lender, JPMorgan announced in a Thursday (June 25) news release. In...
U.S. Bank has named banking veteran Eric Levine to a newly created healthcare payments role. Levine, whose resume includes time with lenders including Bank of America, Citi and JPMorgan, will become U.S. Bank’s new head of healthcare for payments: merchant and institutional (PMI) sales distribution, the bank said in a Tuesday (June...
Candescent has named former iCIMS CEO Jason Edelboim as CEO, succeeding Brendan Tansill, who will step down to pursue other endeavors. Edelboim, who has built and scaled artificial intelligence-powered software business, will accelerate innovation across the Candescent Intelligent Banking Platform, which is used by more...
Social commerce platform WeShop has picked Warner Music veteran Maria Weaver as its CEO. The U.K.-based company, which bills itself as the “first community-owned social commerce platform,” announced Weaver’s appointment Wednesday (June 17), saying she would oversee WeShop’s expansion into the U.S. market. “Maria’s appointment...
Financial platform Robinhood Markets says it is laying off 10% of its staff. The job cuts are part of the company’s “efforts to maintain a high performance culture, further accelerate product velocity, and remain lean and disciplined,” Robinhood said in a Tuesday (June 16) Securities...
Fiserv and Truist announced leadership transitions Monday (June 15) as Mike Lyons moves from being CEO of Fiserv to being president and CEO of Truist. Fiserv said in a Monday press release that Lyons stepped down as CEO and member of the board of directors...