{"id":9288,"date":"2022-02-28T21:16:15","date_gmt":"2022-02-28T21:16:15","guid":{"rendered":"http:\/\/egrowonline.com\/?p=9288"},"modified":"2022-02-28T21:16:15","modified_gmt":"2022-02-28T21:16:15","slug":"oppfi-names-founder-chair-todd-schwartz-as-ceo","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=9288","title":{"rendered":"OppFi Names Founder, Chair Todd Schwartz as CEO"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"pymnts-content1252685\">\n<p>The board of directors at FinTech OppFi Inc. on Monday (Feb. 28) named founder Todd Schwartz as chief executive officer, replacing Neville Crawley in that role.<\/p>\n<p>Crawley, who became CEO Dec. 31, also stepped down as OppFi director, according to the company announcement.<\/p>\n<p>\u201cThe OppFi Board of Directors is keenly focused on delivering value to all stakeholders while staying true to OppFi\u2019s original mission of financial inclusion,\u201d Lead Independent Director Jocelyn Moore said in the company announcement.<\/p>\n<p>\u201cAs OppFi enters its next phase of growth, we believe Todd Schwartz is uniquely qualified to lead the Company as CEO,\u201d she said. \u201cWe are grateful to Neville Crawley for his leadership and wish him well going forward.\u201d<\/p>\n<p>Schwartz will continue to serve as the chairman of the board in addition to his duties as CEO.<\/p>\n<p>\u201cI am thrilled to once again be CEO of OppFi and to build on OppFi\u2019s success and drive forward our mission to empower millions of everyday consumers to build better financial health,\u201d Schwartz said in the announcement.<\/p>\n<p>\u201cHaving been a part of OppFi\u2019s journey since founding the company in 2012, I am more confident now than ever in our growth opportunity and mission to unlock credit access for millions of consumers,\u201d he said. \u201cI believe in this company, in our dedicated team, and in our steadfast commitment to financial inclusion.\u201d<\/p>\n<p>Schwartz\u2019s farther Ted is also a member of the OppFi board of directors. Since becoming OppFi\u2019s executive chairman in 2015, Todd Schwartz has also served as managing partner of equity and investment firm Schwartz Capital Group and consumer growth equity firm, Strand Equity Partners.<\/p>\n<p>OppFi plans to report its 2021 fourth-quarter and full-year financial results on March 10.<\/p>\n<p><strong>Related:<\/strong> <a target=\"_blank\" href=\"https:\/\/www.pymnts.com\/personnel\/2021\/fintech-oppfi-names-ex-kiva-chief-neville-crawley-as-new-ceo\/\" rel=\"noopener noreferrer\">FinTech OppFi Names Ex-Kiva Chief Neville Crawley as New CEO<\/a><\/p>\n<p>Crawley succeeded Jared Kaplan as OppFi CEO at the end of 2021. Kaplan remained as a member of the board of directors and will keep advising the company.<\/p>\n<div class=\"pymnt-bottom-of-article\" id=\"pymnt-12470507\"><a target=\"_blank\" data-bid=\"1\" href=\"https:\/\/www.pymnts.com\/linkout\/558671\" rel=\"noopener\"><!--noptimize--><\/p>\n<p>\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014<\/p>\n<p><strong><span style=\"color: #000000\">NEW PYMNTS DATA:<\/span><span style=\"color: #4f4f4f\"> ACCOUNT OPENING AND LOAN SERVICING IN THE DIGITAL ENVIRONMENT<\/span><\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1245769\" src=\"https:\/\/securecdn.pymnts.com\/wp-content\/uploads\/2018\/11\/PYMNTS-Study-Feb-2022.jpg\" alt=\"\" width=\"1100\" height=\"391\" srcset=\"https:\/\/securecdn.pymnts.com\/wp-content\/uploads\/2018\/11\/PYMNTS-Study-Feb-2022.jpg 1100w, https:\/\/securecdn.pymnts.com\/wp-content\/uploads\/2018\/11\/PYMNTS-Study-Feb-2022-258x92.jpg 258w, https:\/\/securecdn.pymnts.com\/wp-content\/uploads\/2018\/11\/PYMNTS-Study-Feb-2022-457x162.jpg 457w, https:\/\/securecdn.pymnts.com\/wp-content\/uploads\/2018\/11\/PYMNTS-Study-Feb-2022-768x273.jpg 768w\" \/><img loading=\"lazy\" decoding=\"async\" class=\"lazyload alignnone size-full wp-image-1245769\" src=\"https:\/\/securecdn.pymnts.com\/wp-content\/uploads\/2018\/11\/PYMNTS-Study-Feb-2022.jpg\" alt=\"\" width=\"1100\" height=\"391\" srcset=\"https:\/\/securecdn.pymnts.com\/wp-content\/uploads\/2018\/11\/PYMNTS-Study-Feb-2022.jpg 1100w, https:\/\/securecdn.pymnts.com\/wp-content\/uploads\/2018\/11\/PYMNTS-Study-Feb-2022-258x92.jpg 258w, https:\/\/securecdn.pymnts.com\/wp-content\/uploads\/2018\/11\/PYMNTS-Study-Feb-2022-457x162.jpg 457w, https:\/\/securecdn.pymnts.com\/wp-content\/uploads\/2018\/11\/PYMNTS-Study-Feb-2022-768x273.jpg 768w\" data-sizes=\"(max-width: 1100px) 100vw, 1100px\" \/><\/p>\n<p><strong>About: <\/strong>Forty-two percent of U.S. consumers are more likely to open accounts with FIs that make it easy to auto-share their banking details during sign-up. The PYMNTS study <strong>Account Opening And Loan Servicing In The Digital Environment<\/strong>, surveyed 2,300 consumers to examine how FIs can leverage open banking to engage customers and create a better account opening experience.<\/p>\n<p><!--\/noptimize--><\/a><\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.pymnts.com\/personnel\/2022\/oppfi-names-founder-and-executive-chairman-todd-schwartz-as-ceo\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The board of directors at FinTech OppFi Inc. on Monday (Feb. 28) named founder Todd Schwartz as chief executive officer, replacing Neville Crawley in that role. Crawley, who became CEO Dec. 31, also stepped down as OppFi director, according to the company announcement. \u201cThe OppFi Board of Directors is keenly focused on delivering value to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9289,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[39],"tags":[467,3851,441,2746,5696,514,5697],"class_list":["post-9288","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ico","tag-ceo","tag-chair","tag-founder","tag-names","tag-oppfi","tag-schwartz","tag-todd"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/02\/CEO-1000x600.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/9288","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9288"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/9288\/revisions"}],"predecessor-version":[{"id":9290,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/9288\/revisions\/9290"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/9289"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9288"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}