Green Dot Corporation Names Grace Wang as Chief Financial Officer

Green Dot Corporation GDOT -1.83% announced it has named Grace Wang to the position of Chief Financial Officer. Ms. Wang joins Green Dot from JP Morgan Chase where she most recently was based in London and held the position of Managing Director and Chief Financial Officer of Investor Services Sales for Europe, Middle East and Africa (EMEA), a $6 billion JP Morgan Chase institutional business. Prior to becoming CFO of that division, Ms. Wang held various senior finance and leadership roles at JP Morgan Chase since 2004, including EMEA CFO and Head of International Strategy and Business Development of the Treasury and Securities Services division. She will report to Steve Streit, Chairman, President and Chief Executive Officer and will assume her new role on November 18, 2013.

Prior to her years at JP Morgan Chase, Ms. Wang worked in the Financial Services and Telecom, Media, and Technology practices of Booz & Co and A.T Kearney. She holds an undergraduate degree and MBA from Harvard University and is a native of Pasadena, California.

“Grace stood out among the many high caliber candidates we interviewed for this position and brings the right combination of brilliance, intellectual curiosity, executive leadership and specific experience in the banking and financial services domain. We are thrilled that she chose Green Dot and we are delighted to have her on our senior executive team,” stated Mr. Streit.

“Green Dot is a truly innovative company that has a strong sense of purpose to reinvent personal banking for the masses. I am excited to work closely with Steve and the team to continue to strengthen Green Dot’s growth prospects and further drive operational efficiencies to maximize value for our investors and other stakeholders,” Ms. Wang said.

About Green Dot

Green Dot Corporation is a Bank Holding Company with a mission to reinvent personal banking for the masses. Its market leading brand of prepaid debit cards and prepaid reload services are available to consumers at more than 80,000 retail locations nationwide and online at greendot.com. The company is headquartered in Pasadena, California with a technology office in Palo Alto, California and its bank subsidiary, Green Dot Bank, located in Provo, Utah.