Enova Announces New Board Member Linda Johnson Rice

Rhea-AI Summary

Enova International (NYSE: ENVA) has appointed Linda Johnson Rice to its Board of Directors, effective immediately. Linda brings extensive experience from various industries, including financial services and technology, which Enova's CEO, David Fisher, believes will be invaluable as the company aims to enhance value for its shareholders and customers. Linda Johnson Rice is the CEO of Johnson Publishing Company and serves on multiple boards, including Grubhub and Omnicom Group. Enova has provided over $20 billion in loans to nearly 7 million customers globally.

Positive

• Linda Johnson Rice's extensive board experience across financial services and technology is expected to bring valuable perspectives.
• Her leadership roles may enhance Enova's focus on delivering shareholder value.

Negative

• None.

CHICAGO, Sept. 10, 2020 /PRNewswire/ -- Enova International (NYSE: ENVA), a leading financial technology and analytics company offering consumer and small business loans and financing, announced today that Linda Johnson Rice is joining Enova's Board of Directors, effective immediately.

"Linda is a highly accomplished executive, and we are thrilled to welcome her to Enova's Board," said David Fisher, Enova's CEO. "Linda's extensive board experience across a variety of industries, including financial services and technology, will be invaluable to Enova as we work to deliver value for our shareholders, customers, employees and communities."

Ms. Rice is the CEO of Johnson Publishing Company, LLC, formerly the parent company for Ebony and Jet magazines and Fashion Fair Cosmetics. She is a member of the board of directors for Grubhub and Omnicom Group Inc. Ms. Rice is a Trustee at the Art Institute of Chicago, a member of the board of directors of Northwestern Memorial Corporation, President of the Chicago Public Library board of directors, a founding member of the Council of the National Museum of African American History and Culture and a founding member of the Adweek Diversity & Inclusion Council. She previously served on the board of directors of Tesla, Inc., Kimberly-Clark Corporation, Bausch & Lomb, Continental Bank, Dial Corporation, MoneyGram and Viad Corp.

About Enova

Enova (NYSE: ENVA) is a leading provider of online financial services to non-prime consumers and small businesses, providing access to credit powered by its advanced analytics, innovative technology, and world-class online platform and services. Enova has provided nearly 7 million customers around the globe with access to more than $20 billion in loans and financing. The financial technology company has a portfolio of trusted brands serving consumers, including CashNetUSA®, NetCredit® and Simplic®; two brands serving small businesses, Headway Capital® and The Business Backer®; and offers online lending platform services to lenders. Through its Enova Decisions™ brand, it also delivers on-demand decision-making technology and real-time predictive analytics services to clients. You can learn more about the company and its brands at www.enova.com.

View original content to download multimedia:http://www.prnewswire.com/news-releases/enova-announces-new-board-member-linda-johnson-rice-301127976.html

SOURCE Enova International, Inc.

FAQ

Who is the new board member appointed by Enova on September 10, 2020?

Linda Johnson Rice has been appointed to Enova's Board of Directors.

What experience does Linda Johnson Rice bring to Enova?

She has extensive board experience in financial services and technology, holding leadership positions in various companies.

What is the significance of Linda Johnson Rice's appointment for ENVA shareholders?

Her board experience is expected to provide valuable insights that could enhance shareholder value.

When did Enova announce the appointment of Linda Johnson Rice?

Enova announced her appointment on September 10, 2020.