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NewtekOne, Inc. Hires Ron Lay as Chief Technology Officer at NewtekOne, Inc. and Newtek Bank, N.A.

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NewtekOne (NASDAQ: NEWT) has appointed Ron Lay as Chief Technology Officer for both NewtekOne and Newtek Bank. Lay brings 20 years of experience in technology, digital strategy, and risk compliance within banking and financial services. His previous roles include Managing Director at Investia Software Solutions and Global Head of Wholesale IT Digital at HSBC, where he led a team of 3,500 people managing systems processing over $18 trillion in annual payments. Earlier, he held senior positions at JP Morgan Chase, Deutsche Bank, Lloyds Banking Group, and Charles Schwab.

NewtekOne (NASDAQ: NEWT) ha nominato Ron Lay come Chief Technology Officer sia per NewtekOne che per Newtek Bank. Lay porta con sé 20 anni di esperienza in tecnologia, strategia digitale e conformità ai rischi nel settore bancario e dei servizi finanziari. Tra i suoi ruoli precedenti, figura quello di Managing Director presso Investia Software Solutions e Global Head of Wholesale IT Digital presso HSBC, dove ha guidato un team di 3.500 persone che gestiva sistemi per oltre 18 trilioni di dollari in pagamenti annuali. In precedenza, ha ricoperto posizioni dirigenziali presso JP Morgan Chase, Deutsche Bank, Lloyds Banking Group e Charles Schwab.

NewtekOne (NASDAQ: NEWT) ha nombrado a Ron Lay como Director de Tecnología tanto para NewtekOne como para Newtek Bank. Lay aporta 20 años de experiencia en tecnología, estrategia digital y cumplimiento de riesgos en el sector bancario y de servicios financieros. Sus roles anteriores incluyen Director General en Investia Software Solutions y Jefe Global de TI Digital Mayorista en HSBC, donde dirigió un equipo de 3.500 personas que gestionaba sistemas que procesaban más de 18 billones de dólares en pagos anuales. Antes de eso, ocupó cargos en JP Morgan Chase, Deutsche Bank, Lloyds Banking Group y Charles Schwab.

NewtekOne (NASDAQ: NEWT)는 Ron Lay를 NewtekOne과 Newtek Bank의 최고 기술 책임자로 임명했습니다. Lay는 은행 및 금융 서비스 분야에서 기술, 디지털 전략 및 리스크 준수에 대한 20년의 경험을 가지고 있습니다. 그의 이전 역할에는 Investia Software Solutions의 전무이사와 HSBC의 글로벌 도매 IT 디지털 책임자가 포함되며, 그는 연간 18조 달러 이상의 결제를 처리하는 시스템을 관리하는 3,500명의 팀을 이끌었습니다. 그 이전에는 JP Morgan Chase, Deutsche Bank, Lloyds Banking Group 및 Charles Schwab에서 고위 직책을 역임했습니다.

NewtekOne (NASDAQ: NEWT) a nommé Ron Lay au poste de directeur technique pour NewtekOne et Newtek Bank. Lay apporte 20 ans d'expérience en technologie, stratégie numérique et conformité en matière de risque dans le secteur bancaire et des services financiers. Parmi ses précédents postes, on trouve celui de directeur général chez Investia Software Solutions et responsable mondial des TI digitales de gros chez HSBC, où il a dirigé une équipe de 3 500 personnes gérant des systèmes traitant plus de 18 trillions de dollars de paiements annuels. Auparavant, il a occupé des postes de direction chez JP Morgan Chase, Deutsche Bank, Lloyds Banking Group et Charles Schwab.

NewtekOne (NASDAQ: NEWT) hat Ron Lay zum Chief Technology Officer sowohl für NewtekOne als auch für Newtek Bank ernannt. Lay bringt 20 Jahre Erfahrung in Technologie, digitaler Strategie und Risiko-Compliance im Bank- und Finanzdienstleistungssektor mit. Zu seinen früheren Positionen gehören Geschäftsführer bei Investia Software Solutions und Global Head of Wholesale IT Digital bei HSBC, wo er ein Team von 3.500 Personen leitete, das Systeme zur Verarbeitung von über 18 Billionen Dollar jährlich verwaltete. Zuvor hatte er Führungspositionen bei JP Morgan Chase, Deutsche Bank, Lloyds Banking Group und Charles Schwab inne.

Positive
  • Appointment of seasoned technology executive with 20 years of experience in banking and financial services
  • Strong leadership background managing large-scale operations (3,500-person team at HSBC)
  • Extensive experience with high-volume payment processing systems ($18 trillion annually at HSBC)
Negative
  • None.

BOCA RATON, Fla., Nov. 04, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) announced today that it has hired Mr. Ron Lay as Chief Technology Officer at NewtekOne, Inc. and Newtek Bank, N.A.

Mr. Lay comes to the Company with 20 years of experience with focus on technology, digital strategy, and risk and compliance within the banking and financial services sectors. Most recently, Mr. Lay was a Managing Director at Investia Software Solutions where he provided technical and consulting services to top-tier consultancies and financial services groups. Prior to this position, Mr. Lay was Managing Director, Global Head of Wholesale IT Digital at HSBC, London, where he led a global team of over 3,500 individuals, delivering digital channels and services for wholesale banking, and was responsible for the oversight of the bank's flagship digital systems, API channels, and interfaces to core transactional systems, processing over $18 trillion of payments annually. Prior to HSBC, Mr. Lay was a Managing Director, Digital Technology at JP Morgan Chase & Co. where he was responsible for customer and user experience, software design, system architecture, development, delivery, maintenance, and support within the digital landscape. Earlier in his career, he held senior leaderships positions in technology at Deutsche Bank, Lloyds Banking Group and Charles Schwab & Co. Ron holds a Bachelor of Science from the University of California, Berkeley.

Barry Sloane, CEO, President, and Chairman commented, “We could not be more pleased with the opportunity to acquire the talents of Ron Lay. It is extremely difficult to find the highest level of talent in the banking and financial services community that also has the entrepreneurial spirit and willingness to develop and innovate, which we believe will help us further innovate the NewtekOne platform. With a constant focus on security and regulatory compliance, we will continue the Company’s development as a true technology-enabled enterprise that offers its customers a suite of business and financial solutions, including state-of-the-art payment processing solutions with instant and direct payments, and depository solutions. We believe that Ron has the unique skill set and attributes to manage our technology needs and help keep all our data safe and secure. We welcome Ron and look forward to working with him.”

About NewtekOne, Inc.

NewtekOne®, Your Business Solutions Company®, is a financial holding company, which along with its bank and non-bank consolidated subsidiaries (collectively, “NewtekOne”), provides a wide range of business and financial solutions under the Newtek® brand to independent business owners. Since 1999, NewtekOne has provided state-of-the-art, cost-efficient products and services and efficient business strategies to independent business owners across all 50 states to help them grow their sales, control their expenses and reduce their risk.

NewtekOne’s and its subsidiaries’ business and financial solutions include: banking (Newtek Bank, N.A.), Business Lending, SBA Lending Solutions, Electronic Payment Processing, Technology Solutions (Cloud Computing, Data Backup, Storage and Retrieval, IT Consulting), eCommerce, Accounts Receivable Financing & Inventory Financing, Insurance Solutions, Web Services, and Payroll and Benefits Solutions.

Newtek®, NewtekOne®, Newtek Bank®, National Association, Your Business Solutions Company®, One Solution for All Your Business Needs® and Newtek Advantage are registered trademarks of NewtekOne, Inc.

Note Regarding Forward-Looking Statements
Certain statements in this press release are “forward-looking statements” within the meaning of the rules and regulations of the Private Securities Litigation and Reform Act of 1995 are based on the current beliefs and expectations of NewtekOne's management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. See “Note Regarding Forward-Looking Statements” and the sections entitled “Risk Factors” in our filings with the Securities and Exchange Commission which are available on NewtekOne's website (https://investor.newtekbusinessservices.com/sec-filings) and on the Securities and Exchange Commission’s website (www.sec.gov). Any forward-looking statements made by or on behalf of NewtekOne speak only as to the date they are made, and NewtekOne does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made.

SOURCE: NewtekOne, Inc.

Investor Relations & Public Relations
Contact: Jayne Cavuoto
Telephone: (212) 273-8179 / jcavuoto@newtekone.com


FAQ

Who is the new CTO of NewtekOne (NEWT) in 2024?

Ron Lay has been appointed as Chief Technology Officer of NewtekOne (NEWT) and Newtek Bank in 2024. He brings 20 years of experience in technology and digital strategy within banking and financial services.

What was Ron Lay's role at HSBC before joining NewtekOne (NEWT)?

Before joining NewtekOne, Ron Lay was Managing Director, Global Head of Wholesale IT Digital at HSBC, London, where he led a 3,500-person team managing digital channels and services for wholesale banking, overseeing systems processing over $18 trillion in annual payments.

What are NewtekOne's (NEWT) plans for technology development with the new CTO?

NewtekOne plans to further innovate its platform with a focus on security and regulatory compliance, developing technology-enabled business and financial solutions, including state-of-the-art payment processing and depository solutions.

NewtekOne, Inc.

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