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GreenSky, Inc. Names Ritesh Gupta Executive Vice President and Chief Operating Officer

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GreenSky, Inc. (NASDAQ: GSKY) has appointed Ritesh Gupta as the new Executive Vice President and Chief Operating Officer, effective July 1, 2021. Gupta, who holds over two decades of experience in financial services, joined GreenSky in 2018 as Executive Vice President of Operations. CEO David Zalik expressed confidence in Gupta's leadership, highlighting his role in navigating challenges during the pandemic and developing growth initiatives. GreenSky services a $9.3 billion loan portfolio and has facilitated approximately $29 billion in consumer financing through its proprietary technology since inception.

Positive
  • Appointment of Ritesh Gupta as COO may enhance operational efficiency.
  • Gupta has a strong background in operations, potentially benefiting GreenSky's business.
  • GreenSky's technology platform supports a $9.3 billion loan portfolio, indicating stability.
Negative
  • None.

GreenSky, Inc. (NASDAQ: GSKY) announced today that Ritesh Gupta has been named Executive Vice President and Chief Operating Officer. Mr. Gupta who joined GreenSky as Executive Vice President of Operations will transition into the newly created executive role effective July 1, 2021.

“I am very excited for Ritesh to take on the expanded role of leading GreenSky’s operations and driving enterprise initiatives cross-functionally to accelerate achievement of our business objectives,” said David Zalik, Chief Executive Officer. “As a member of GreenSky’s executive management team, Ritesh has brought a wealth of experience and leadership to the company and played a critical role in successfully navigating this past year’s challenging environment related to the pandemic while also helping develop new growth initiatives. I am encouraged and excited by the strength and depth of GreenSky’s leadership team, who I know are well poised to continuing to lead our company in achieving our future goals.”

Mr. Gupta joined GreenSky in 2018, having formerly served as the Chief Operating Officer of CAN Capital, a FinTech in small business lending. He brings more than twenty years of operations experience in the financial services industry. Prior to CAN Capital, Mr. Gupta served as Vice President of Operations for Capital One and played a variety of leadership roles in credit card operations, technology, partnerships, and procurement. Earlier in his career, Ritesh worked at ITC Ltd. India leading manufacturing operations. Ritesh holds a Bachelor of Technology in Engineering from I.I.T. Kanpur, India and an MBA from I.I.M. Ahmedabad, India.

About GreenSky, Inc.
GreenSky, Inc. (NASDAQ: GSKY), headquartered in Atlanta, is a leading technology company Powering Commerce at the Point of Sale® for a growing ecosystem of merchants, consumers and banks. Our highly scalable, proprietary and patented technology platform enables merchants to offer frictionless promotional payment options to consumers, driving increased sales volume and accelerated cash flow. Banks leverage our technology to provide loans to super-prime and prime consumers nationwide. We currently service a $9.3 billion loan portfolio, and since our inception, approximately 3.9 million consumers have financed approximately $29 billion of commerce using our paperless, real time “apply and buy” technology. For more information, visit https://www.greensky.com.

FAQ

Who is the new COO of GreenSky, Inc. (GSKY)?

Ritesh Gupta has been appointed as the new Executive Vice President and Chief Operating Officer of GreenSky, Inc. (GSKY).

When did Ritesh Gupta take on the role of COO at GreenSky?

Ritesh Gupta officially assumed the role of Chief Operating Officer on July 1, 2021.

What is the significance of Ritesh Gupta's appointment for GreenSky (GSKY)?

Gupta's appointment is expected to enhance operational efficiency and drive growth initiatives at GreenSky.

What is GreenSky's current loan portfolio?

GreenSky currently services a loan portfolio valued at $9.3 billion.

How much consumer financing has GreenSky facilitated?

Since its inception, GreenSky has facilitated approximately $29 billion in consumer financing.

GreenSky, Inc.

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