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Earnest Names Nick Norcross as Chief Product Officer

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Earnest, a fintech company, appointed Nick Norcross as its new Chief Product Officer. With almost two decades of fintech product development experience, Norcross aims to make education accessible to all. Earnest CEO, David Green, praised Norcross's track record and passion for financial success. Norcross plans to focus on helping students achieve financial empowerment and accessibility to education.

Positive
  • Nick Norcross brings nearly two decades of successful fintech product development and leadership experience to Earnest.

  • Norcross is passionate about helping Earnest's customers achieve financial success and accessibility to education.

  • Earnest aims to empower students to maximize their financial futures through its growing portfolio of solutions.

Negative
  • There is a growing uncertainty about career security with tech advancements like AI, impacting individuals, the economy, and society.

  • Over 70% of current and former student borrowers have delayed significant life events due to debt, highlighting a concerning issue.

Accomplished Product Leader Focused on Making Higher Education Accessible to All

SAN FRANCISCO--(BUSINESS WIRE)-- Earnest, a fintech company empowering students to maximize their financial futures, announced Nick Norcross as its new Chief Product Officer. Norcross brings nearly two decades of successful fintech product development and leadership to the team.

“Nick has an outstanding track record building products that help people achieve financial success,” said David Green, Earnest CEO. “He is passionate about helping Earnest’s customers achieve that same success and building a best-in-class team that aims to make education accessible to everyone.”

“Over 70% of current and former student borrowers say they’ve delayed at least one significant life event because of debt,” said Norcross. “There’s also growing uncertainty about career security with tech advancements like AI. Not only does this impact individuals, but the economy and society. I believe education will continue to be a part of the solution, and I care deeply about it being easily accessible to everyone. I’m thrilled to join Earnest in its goal of financial empowerment.”

Most recently, Norcross led the Product & Design team at Tala, a fintech company that aims to provide underserved customers in emerging markets with tools to unlock their economic potential. Throughout his career, he’s driven product strategy and portfolio growth for businesses of all sizes, from seed startups to established brands, like Capital One.

Norcross will oversee Earnest’s product, design, and research teams. In this role, he will focus their efforts on customer experience, accelerating product innovation, and driving revenue growth.

Learn about Earnest's growing portfolio of solutions to help students and families take control of their financial futures at www.earnest.com.

About Earnest:

Earnest empowers past, present, and soon-to-be students to maximize their financial futures through thoughtful guidance and impactful products. Founded in 2013 on the belief that financially responsible people deserve better options and access to credit, Earnest's education tools and lending products empower anyone seeking higher education to reduce the total price tag of their education, supercharge their ability to pay down student debt, and get on the right financial track fast. Learn more at earnest.com.

Earnest is a subsidiary of Navient (Nasdaq: NAVI).

Earnest Private Student Loans are made by One American Bank, Member FDIC, or FinWise Bank, Member FDIC. One American Bank, 515 S. Minnesota Ave, Sioux Falls, SD 57104. Finwise Bank, 756 East Winchester, Suite 100, Murray, UT 84107

Earnest loans are serviced by Earnest Operations LLC, 535 Mission St., Suite 1663 San Francisco, CA 94105, NMLS #1204917, with support From Navient Solutions, LLC (NMLS #212430). One American Bank, FinWise Bank, and Earnest LLC and its subsidiaries, including Earnest Operations LLC, are not sponsored by agencies of the United States of America.

© 2024 Earnest LLC. All rights reserved.

Emilie Haskell

Head of Communications, Earnest

press@earnest.com

Source: Earnest

FAQ

Who is the new Chief Product Officer of Earnest?

The new Chief Product Officer of Earnest is Nick Norcross.

What is Earnest's focus as a fintech company?

Earnest focuses on empowering students to maximize their financial futures.

What is Nick Norcross's background in fintech product development?

Nick Norcross brings almost two decades of successful fintech product development and leadership experience to Earnest.

How does Earnest plan to help students with their financial futures?

Earnest aims to help students take control of their financial futures through its growing portfolio of solutions.

Why is accessibility to education important according to Nick Norcross?

Nick Norcross believes in making education easily accessible to everyone to address growing uncertainties about career security and individual debt issues.

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