Mastercard has announced several leadership changes, including naming its finance chief to a newly created role. Sachin Mehra, the company’s chief financial officer (CFO), is moving to the new position of chief business officer, Mastercard said in a Tuesday (June 2) news release. In this role, Mehra...
SoFi hired former Visa executive Kathleen Pierce-Gilmore to serve as president of technology solutions. Pierce-Gilmore announced the new appointment on her LinkedIn page last week. While acknowledging other personal and professional milestones, Pierce-Gilmore said the role “feels particularly special” for her. “I now work for...
Three weeks after announcing mass job cuts, BILL is instituting an overhaul of its leadership team. The financial operations platform said Tuesday (May 26) that it was making several changes to its executive team as it increases its focus on artificial intelligence. “BILL is at...
Target has recruited a new logistics chief as it works to revive flagging sales. Jeff England, a 20-year veteran of the supply chain/logistics sector, will take on the role of Target’s executive vice president, chief global supply chain and logistics officer at the end of the...
Commerce-focused FinTech platform Banking Circle picked a new chief executive. Kush Saxena, a veteran of Mastercard and merchant acquirer Getnet, was named to the CEO role Monday (May 18), the company said in a news release. He replaces co-founder Anders la Cour, who will move...
Rent the Runway announced an upcoming CEO transition Wednesday (May 13), saying that Co-founder Jennifer Hyman will step down as CEO, president and board member on Friday (May 15) and be succeeded by Board Member Teri Bariquit, who will serve as interim CEO and president. Bariquit will lead...
PayPal Holdings announced a reorganization that includes a new three-business operating model and five leadership appointments. The company’s three businesses are checkout solutions and PayPal, which includes its consumer and merchant ecosystems; consumer financial services and Venmo, which will expand Venmo into a broader consumer...
Across FinTech, the workforce is getting smaller. Leadership teams are calling it a recalibration. The layoffs now underway in the sector indicate a deliberate structural shift as companies unwind hiring decisions made during the pandemic and realign their operations with the current economic environment. The...
BNY has named a new executive platform owner for its global payments and trade (GP&T) client platform. Julie Gerdeman, who most recently served as head of the bank’s data and analytics platform, has been picked to guide the evolution of the GP&T offering, BNY announced...