• E-mail
• Print
• Comment
• Font Size
• Digg
• del.icio.us
• Discuss article

Green Dot Names New Chief Financial Officer

Posted on: Tuesday, 7 November 2006, 12:00 CST

LOS ANGELES, Nov. 7 /PRNewswire/ -- Green Dot Corporation, the nation's largest provider of retailer-sold prepaid debit cards and operator of the leading cash acceptance financial network, announced today that it has named John Keatley as its Chief Financial Officer. Keatley reports to Green Dot President and CEO Steve Streit and is responsible for the company's Accounting, Risk Management, Financial Planning, Settlement, and Business Analytics functions.

Keatley joined Green Dot's Finance Division in 2004 from McKinsey & Company, where he was a manager in the consulting firm's financial services practice. He holds an MBA degree from Harvard Business School and a BS degree in Physics from Princeton University.

According to Streit, Keatley's proven leadership, financial planning and accounting skills and his positive impact on Green Dot's profitability make him ideally suited to assume this key position. "John has done a terrific job as acting CFO over the past year in developing a world-class Accounting and Finance organization for Green Dot Corporation. He has successfully recruited key executives to head our Accounting and Risk Management operations, established and maintained rigorous internal financial controls, and significantly enhanced our financial planning capabilities. Additionally, John's strong reputation for integrity and intellect make him an all-around key asset to our senior management team. This promotion is well deserved and well earned in every way."

"It's been incredibly rewarding to be part of Green Dot's executive team as the company continues to develop ground-breaking products for a previously underserved part of our community," Keatley commented. "We have in place strong financial and accounting teams and infrastructure that will serve the company well as it continues to grow and expand at an ever-increasing pace. In my role as CFO, I will focus on continued improvements in operational efficiencies, accounting and reporting, loss management, internal controls, and detailed forecasting and analytics. My team and I are committed to maintaining Green Dot's leadership within our industry."

About Green Dot Corporation

Green Dot Corporation is America's first and largest provider of retailer-sold prepaid debit cards, with tens of thousands of purchase locations nationwide. The company also operates the Green Dot Financial Network (GDFN), one of the nation's largest retail financial networks. The GDFN provides cash acceptance services such as prepaid card reloading and remittance cash collection at a vast number of U.S. retail locations, including Rite Aid, CVS/pharmacy, Walgreens, and RadioShack. The company's major investors include Sequoia Capital and Total Technology Ventures, an affiliate of Synovus. Green Dot is headquartered in the greater Los Angeles area. For more information, visit http://www.greendotcorp.com/.

Press Contact: Wynne Ahern Communication Strategies, LLC 510-658-8870 wynne@commstrat.net

Green Dot Corporation

CONTACT: Wynne Ahern of Communication Strategies, LLC, +1-510-658-8870,wynne@commstrat.net, for Green Dot Corporation

Web site: http://www.greendotcorp.com/

Source: PRNewswire

More News in this Category