PASADENA, Calif.--(BUSINESS WIRE)--Dec. 16, 2015--
Green Dot Corporation (NYSE:GDOT) today announced that it has named Mark
Shifke to the position of Chief Financial Officer. Mr. Shifke has been
Green Dot's acting CFO since May 2015. Prior to assuming that role, Mr.
Shifke was Green Dot's Senior Vice President of Corporate Strategy and
M&A, leading the Company's recent acquisitions of Santa Barbara Tax
Products Group, AccountNow, Inc. and Achieve Financial Services, LLC. He
was also responsible for organizing the debt syndicate and raising the
debt capital to finance the acquisition of Santa Barbara Tax Products
Group.
The company retained the services of a leading international search firm
to conduct a search that yielded numerous highly qualified candidates
for consideration.
"As we reviewed the robust field of candidates for the post and
interviewed several finalists, it became clear that the best candidate
was already serving in the role as our interim CFO," said Steve Streit,
Green Dot Chairman and Chief Executive Officer. "In addition to
exceptional financial acumen, Mark possesses a deep understanding of our
products, our customer base and our corporate structure. I am excited to
have Mark appointed to this vital and key post at Green Dot, and the
Board and management of Green Dot look forward to his continued
contributions to the Company."
Mr. Shifke joined Green Dot in 2011 as General Manager, Government
Programs and Vice President, Special Projects, bringing 27 years of
experience on Wall Street as a lawyer and investment banker. More
recently, Mr. Shifke served as Managing Director, M&A and Corporate
Finance Advisory at J.P. Morgan. Prior to joining JP Morgan in 2007, he
was a Vice President at Goldman Sachs in Principal Investing and in M&A
Structuring and Advisory. Previously, he served as a Partner at Davis
Polk & Wardwell LLP, a law firm and a Principal at KPMG LLP, an
accounting firm. Mr. Shifke received his LL.M. in taxation from New York
University School of Law, a J.D. from Tulane Law School, and B.A. from
Tulane University.
About Green Dot
Green Dot Corporation, along with its wholly owned subsidiary bank,
Green Dot Bank, is a pro-consumer financial technology innovator with a
mission to reinvent personal banking for the masses. Green Dot invented
the prepaid debit card industry and is the largest provider of
reloadable prepaid debit cards and cash reload processing services in
the United States. Green Dot is also a leader in mobile technology and
mobile banking with its award-winning GoBank mobile checking account.
Through its wholly owned subsidiary, TPG, Green Dot is additionally the
largest processor of tax refund disbursements in the U.S. Green Dot's
products and services are available to consumers through a large-scale
"branchless bank" distribution network of more than 100,000 U.S.
locations, including retailers, neighborhood financial service center
locations, and tax preparation offices, as well as online, in the
leading app stores and through leading online tax preparation providers.
Green Dot Corporation is headquartered in Pasadena, Calif., with
additional facilities throughout the United States and in Shanghai,
China.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151216006325/en/
Source: Green Dot Corporation
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