Pagaya Announces Appointment of Two Fintech Veterans as Independent Directors to its Board
Pagaya Technologies (NASDAQ: PGY) has appointed two new independent directors to its Board: Asheet Mehta, former Senior Partner at McKinsey & Company, and Alison Davis, former CFO of Barclays Global Investors. Mehta brings over 30 years of financial services experience, having led McKinsey's Financial Services Practice in the Americas. Davis, currently Chairman and Managing Partner of Blockchain Coinvestors, has served on 25 boards including Fiserv and Kraken. The appointments come as current Directors Mircea Ungureanu and Nicole Torraco step down, with Torraco transitioning to Pagaya's Advisory Board.
Pagaya Technologies (NASDAQ: PGY) ha nominato due nuovi direttori indipendenti per il suo Consiglio: Asheet Mehta, ex Senior Partner di McKinsey & Company, e Alison Davis, ex CFO di Barclays Global Investors. Mehta porta con sé oltre 30 anni di esperienza nei servizi finanziari, avendo guidato la Pratica dei Servizi Finanziari di McKinsey nelle Americhe. Davis, attualmente Presidente e Managing Partner di Blockchain Coinvestors, ha fatto parte di 25 consigli, inclusi Fiserv e Kraken. Le nuove nomine arrivano mentre i direttori attuali Mircea Ungureanu e Nicole Torraco si dimettono, con Torraco che passerà al Consiglio Consultivo di Pagaya.
Pagaya Technologies (NASDAQ: PGY) ha nombrado a dos nuevos directores independientes en su Junta: Asheet Mehta, ex socio senior de McKinsey & Company, y Alison Davis, ex CFO de Barclays Global Investors. Mehta aporta más de 30 años de experiencia en servicios financieros, habiendo dirigido la Práctica de Servicios Financieros de McKinsey en las Américas. Davis, actualmente presidenta y socia gerente de Blockchain Coinvestors, ha formado parte de 25 juntas, incluidas Fiserv y Kraken. Los nombramientos se producen mientras los directores actuales Mircea Ungureanu y Nicole Torraco se retiran, con Torraco pasando a formar parte del Consejo Asesor de Pagaya.
Pagaya Technologies (NASDAQ: PGY)가 이사회에 두 명의 새로운 독립 이사를 임명했습니다: Asheet Mehta, 전 맥킨지 & 컴퍼니의 수석 파트너, 그리고 Alison Davis, 전 바클레이스 글로벌 투자자의 CFO입니다. Mehta는 북미에서 맥킨지의 금융 서비스 실무를 이끌며 30년 이상의 금융 서비스 경험을 쌓았습니다. 현재 블록체인 코인베스트의 회장 겸 관리 파트너인 Davis는 Fiserv와 Kraken을 포함한 25개의 이사회에서 활동한 경력이 있습니다. 이번 임명은 현재 이사인 Mircea Ungureanu와 Nicole Torraco가 사임하면서 이루어졌으며, Torraco는 Pagaya의 자문위원회로 전환됩니다.
Pagaya Technologies (NASDAQ: PGY) a nommé deux nouveaux administrateurs indépendants à son Conseil d'administration : Asheet Mehta, ancien partenaire senior chez McKinsey & Company, et Alison Davis, ancien CFO de Barclays Global Investors. Mehta possède plus de 30 ans d'expérience dans les services financiers, ayant dirigé la Pratique des Services Financiers de McKinsey en Amériques. Davis, actuellement présidente et associée gérante de Blockchain Coinvestors, a siégé dans 25 conseils, y compris Fiserv et Kraken. Ces nominations interviennent alors que les administrateurs actuels Mircea Ungureanu et Nicole Torraco se retirent, Torraco passant au Conseil Consultatif de Pagaya.
Pagaya Technologies (NASDAQ: PGY) hat zwei neue unabhängige Direktoren in seinen Vorstand berufen: Asheet Mehta, ehemaliger Senior Partner bei McKinsey & Company, und Alison Davis, ehemalige CFO von Barclays Global Investors. Mehta bringt über 30 Jahre Erfahrung im Finanzdienstleistungsbereich mit, nachdem er die Financial Services Practice von McKinsey in den Amerikas geleitet hat. Davis, derzeit Vorsitzende und geschäftsführende Gesellschafterin von Blockchain Coinvestors, hat in 25 Vorständen gedient, darunter Fiserv und Kraken. Die Ernennungen erfolgen, während die aktuellen Direktoren Mircea Ungureanu und Nicole Torraco zurücktreten, wobei Torraco in den Beraterrat von Pagaya wechselt.
- Addition of two highly experienced financial services veterans to the board
- Strengthened corporate governance with expertise in banking, technology, and blockchain
- Strategic enhancement of board capabilities to support growth and partner acquisition
- Departure of two existing board members, including a six-year veteran director
Joining the Board of Directors:
- Asheet Mehta, Former Senior Partner at McKinsey & Company and Former Co-Lead of the Firm's Global Financial Services Practice
- Alison Davis, Former CFO of Barclays Global Investors with experience as a member of 25 boards, including Fiserv, First Data Corp, City National Bank, Janus Henderson and Kraken
“We are pleased to welcome Asheet Mehta and Alison Davis to Pagaya’s Board,” said Gal Krubiner, Co-founder and CEO of Pagaya. “Both bring exceptional experience and depth of expertise in financial services, with a particular focus on banking and technology. Asheet and Alison dramatically strengthen Pagaya's Board by adding deep strategic insight, which will be pivotal in driving growth, attracting impactful partners and maximizing shareholder value.”
Mr. Mehta brings more than 30 years of financial services and banking experience, having most recently served as Senior Partner at McKinsey & Company, where he led the Financial Services Practice in the
“I am honored and privileged to join Pagaya’s Board at such an exciting time and to support Gal and his team as they grow their network,” said Mr. Mehta. “I’m incredibly moved by Pagaya’s mission of creating financial opportunities for more people, more often, and look forward to helping them continue to advance that mission, as well as deliver strong business results for their shareholders, partners and their customers.”
With more than 30 years of experience, Ms. Davis currently serves as Chairman and Managing Partner of Blockchain Coinvestors, the leading blockchain venture fund with over 80 blockchain unicorns. Previously, she served as CFO of Barclays Global Investors (now Blackrock). She currently serves on the Board of Kraken and as a board advisor for Bitwise. She has previously served on the boards of Silicon Valley Bank, Fiserv, First Data Corporation, Pacaso, City National Bank, NatWest and several others. Davis also serves as Chairman of Renaissance, which helps thousands of low income clients start and grow businesses, and on the boards of NACD Northern California and
“I am thrilled to join Pagaya’s Board and look forward to adding value through my experiences at both fintechs and traditional banks,” said Ms. Davis. “Pagaya’s leadership has done tremendous work since going public in 2022, and I’m excited to support the team as they continue to revolutionize the financial services sector.”
With Mehta and Davis’ appointments, current Directors Mircea Ungureanu and Nicole Torraco will step down from Pagaya’s Board of Directors. “We thank Mircea for his six years of service on the Board and his guidance as we transitioned from a private to public company. We are also thankful to Nicole and look forward to her continued involvement with Pagaya on our Advisory Board,” added Krubiner.
About Pagaya Technologies Ltd.
Pagaya (NASDAQ: PGY) is a global technology company making life-changing financial products and services available to more people nationwide, as it reshapes the financial services ecosystem. By using machine learning, a vast data network and an AI-driven approach, Pagaya provides comprehensive consumer credit and residential real estate solutions for its partners, their customers, and investors. Its proprietary API and capital solutions integrate into its network of partners to deliver seamless user experiences and greater access to the mainstream economy. Pagaya has offices in
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