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The Bancorp Announces Todd Brockman to Join Its Board of Directors

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The Bancorp (NASDAQ: TBBK) has announced that Todd Brockman will join its Board of Directors, effective October 1, 2024. Brockman, a retired Visa Inc. executive, brings over 25 years of experience in the payments and financial technology industry. He previously served as Senior Vice President, Global Head of Issuing Solutions for Visa Inc. and General Manager of Visa DPS. The addition of Brockman is expected to support the growth of The Bancorp's Fintech Solutions business.

CEO Damian Kozlowski expressed confidence that Brockman's experience and expertise will assist the company's ability to execute on strategic growth initiatives. Brockman stated his eagerness to contribute to The Bancorp's ongoing success, particularly in its Fintech Solutions business, leveraging his experience to drive innovation and strengthen market leadership.

The Bancorp (NASDAQ: TBBK) ha annunciato che Todd Brockman entrerà a far parte del suo Consiglio di Amministrazione, con effetto dal 1° ottobre 2024. Brockman, un ex dirigente di Visa Inc., porta oltre 25 anni di esperienza nel settore dei pagamenti e della tecnologia finanziaria. In precedenza ha ricoperto il ruolo di Vicepresidente Senior, Responsabile Globale delle Soluzioni di Emissione per Visa Inc. e Direttore Generale di Visa DPS. L'aggiunta di Brockman dovrebbe sostenere la crescita del business delle Soluzioni Fintech di The Bancorp.

Il CEO Damian Kozlowski ha espresso fiducia nel fatto che l'esperienza e l'expertise di Brockman assisteranno la capacità dell'azienda di attuare iniziative di crescita strategica. Brockman ha dichiarato il suo entusiasmo nel contribuire al successo continuo di The Bancorp, in particolare nel suo business delle Soluzioni Fintech, sfruttando la sua esperienza per promuovere l'innovazione e rafforzare la leadership di mercato.

The Bancorp (NASDAQ: TBBK) ha anunciado que Todd Brockman se unirá a su Junta Directiva, a partir del 1 de octubre de 2024. Brockman, un ejecutivo retirado de Visa Inc., aporta más de 25 años de experiencia en la industria de los pagos y la tecnología financiera. Anteriormente, ocupó el cargo de Vicepresidente Senior, Jefe Global de Soluciones de Emisión para Visa Inc. y Gerente General de Visa DPS. Se espera que la incorporación de Brockman apoye el crecimiento del negocio de Soluciones Fintech de The Bancorp.

El CEO Damian Kozlowski expresó confianza en que la experiencia y el conocimiento de Brockman ayudarán a la empresa a ejecutar las iniciativas estratégicas de crecimiento. Brockman manifestó su entusiasmo por contribuir al éxito continuo de The Bancorp, especialmente en su negocio de Soluciones Fintech, aprovechando su experiencia para impulsar la innovación y fortalecer el liderazgo en el mercado.

The Bancorp (NASDAQ: TBBK)는 Todd Brockman이 2024년 10월 1일부터 이사회의 일원이 될 것이라고 발표했습니다. Visa Inc.의 은퇴한 임원인 Brockman은 결제 및 금융 기술 산업에서 25년 이상의 경험을 가지고 있습니다. 이전에는 Visa Inc.의 발행 솔루션 글로벌 책임자 수석 부사장과 Visa DPS의 총괄 매니저로 재직했습니다. Brockman의 영입은 The Bancorp의 핀테크 솔루션 사업의 성장을 지원할 것으로 예상됩니다.

CEO Damian Kozlowski는 Brockman의 경험과 전문성이 회사의 전략적 성장 이니셔티브 실행 능력을 도울 것이라고 확신했습니다. Brockman은 자신의 경험을 활용하여 The Bancorp의 지속적인 성공에 기여하고, 특히 핀테크 솔루션 사업에서 혁신을 주도하고 시장 리더십을 강화할 수 있기를 기대한다고 밝혔습니다.

The Bancorp (NASDAQ: TBBK) a annoncé que Todd Brockman rejoindra son Conseil d'Administration, à compter du 1er octobre 2024. Brockman, ancien cadre de Visa Inc., apporte plus de 25 ans d'expérience dans le secteur des paiements et de la technologie financière. Auparavant, il a occupé le poste de Vice-Président Senior, Responsable Mondial des Solutions d'Émission chez Visa Inc. et Directeur Général de Visa DPS. L'ajout de Brockman devrait soutenir la croissance du secteur des Solutions Fintech de The Bancorp.

Le PDG Damian Kozlowski a exprimé sa confiance dans le fait que l'expérience et l'expertise de Brockman aideront l'entreprise à mettre en œuvre des initiatives de croissance stratégique. Brockman a déclaré son empressement à contribuer au succès continu de The Bancorp, en particulier dans son activité de Solutions Fintech, en utilisant son expérience pour stimuler l'innovation et renforcer le leadership sur le marché.

The Bancorp (NASDAQ: TBBK) hat bekannt gegeben, dass Todd Brockman ab dem 1. Oktober 2024 dem Vorstand beitreten wird. Brockman, ein pensionierter Führungskraft von Visa Inc., bringt über 25 Jahre Erfahrung in der Zahlungs- und Finanztechnologiebranche mit. Zuvor war er Senior Vice President und Global Head of Issuing Solutions bei Visa Inc. und General Manager von Visa DPS. Die Hinzunahme von Brockman wird voraussichtlich das Wachstum des Fintech Solutions-Geschäfts von The Bancorp unterstützen.

CEO Damian Kozlowski äußerte zuversichtlich, dass Brockmans Erfahrung und Expertise die Fähigkeit des Unternehmens unterstützen werden, strategische Wachstumsinitiativen umzusetzen. Brockman äußerte seine Vorfreude, zum kontinuierlichen Erfolg von The Bancorp beizutragen, insbesondere im Bereich Fintech Solutions, indem er seine Erfahrung nutzt, um Innovation voranzutreiben und die Marktführerschaft zu stärken.

Positive
  • Addition of experienced fintech executive Todd Brockman to the Board of Directors
  • Potential for strengthened leadership in Fintech Solutions business
  • Alignment with strategic growth initiatives in the payments industry
Negative
  • None.

Retired Visa Inc. Executive Set to Join The Bancorp Board of Directors in October

WILMINGTON, Del.--(BUSINESS WIRE)-- The Bancorp, Inc. (NASDAQ: TBBK) and its wholly-owned subsidiary The Bancorp Bank, N.A. (collectively, the “Company” or “The Bancorp”) are pleased to announce that Todd Brockman will join the Company’s Board of Directors, effective October 1, 2024. The addition of Brockman will support the continued growth of the Company’s Fintech Solutions business.

Brockman brings over 25 years of experience as a senior executive in the payments and financial technology industry. He served as Senior Vice President, General Manager of Visa DPS, one of the largest issuer processors in the world. In 2021, Brockman was elevated to Senior Vice President, Global Head of Issuing Solutions for Visa Inc. and General Manager of Visa DPS, serving in that capacity until his retirement in July 2023. Additionally, Brockman has held various other leadership roles in the industry, including President of Galileo Processing, Inc. and Global Head of Prepaid at Visa Inc.

“Joining The Bancorp Board of Directors is an honor. I am eager to contribute to the ongoing success of the Company, particularly in its Fintech Solutions business, which has set a benchmark in the payments industry,” said Brockman. “Leveraging my experience in payments and financial technology, I look forward to collaborating with the team to drive further innovation, strengthen market leadership, and continue to deliver exceptional value to clients and stakeholders."

Throughout his career, Brockman has honed his leadership skills and demonstrated his commitment to fostering strong, collaborative teams. His proven ability to guide organizations will be valuable as he joins The Bancorp’s Board of Directors.

“Todd has the track record and reputation to help unlock the potential of our platform for both our partners and investors,” said Damian Kozlowski, Chief Executive Officer and President at The Bancorp. “Our quest to significantly grow our leading fintech ecosystem is a magnet for the best talent. We believe that Todd’s experience and expertise will assist our company’s ability to execute on our strategic growth initiatives.”

For more information about The Bancorp and its leadership, please visit www.thebancorp.com.

About The Bancorp

The Bancorp, Inc. (NASDAQ: TBBK), through its subsidiary, The Bancorp Bank, N.A., provides non-bank financial companies with the people, processes, and technology to meet their unique banking needs. With over 20 years of experience, The Bancorp delivers partner-focused solutions paired with cutting-edge technology for companies that range from entrepreneurial startups to Fortune 500 companies. Through its Fintech Solutions, Institutional Banking, Commercial Lending, and Real Estate Bridge Lending businesses, The Bancorp is the third-largest bank by asset size in South Dakota, earning recognition as the #1 issuer of prepaid cards in the U.S., a nationwide provider of bridge financing for real estate capital improvement plans, an SBA National Preferred Lender, a leading provider of securities-backed lines of credit, and one of the few bank-owned commercial vehicle leasing groups in the country. With a company-wide commitment to excellence, The Bancorp is recognized as the top-ranked publicly traded bank with assets between $5B-$50B by Bank Director Magazine, a Readers’ Choice Top 50 Employer by Equal Opportunity Magazine and was selected to be included in the S&P Small Cap 600. For more about The Bancorp, visit https://thebancorp.com/.

Safe Harbor

This press release contains “forward-looking statements” concerning the Company. The words or phrases “expect,” “anticipate,” “intend,” “look forward,” “continue,” “potential,” “ongoing,” “should,” “would,” “believes” and similar expressions are meant to identify “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbor created by such sections. Forward-looking statements involve known and unknown risks, uncertainties and contingencies that may cause actual results to differ materially from the expectations expressed or implied by such forward-looking statements. These risks, uncertainties and contingencies include, but are not limited to the factors described in the Company’s most recent Annual Report on Form 10-K, in its Quarterly Reports on Form 10-Q and in its other filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any “forward-looking statements,” including to reflect occurrences or unanticipated events or circumstances after the date of such statements, except as may be required by law.

Media Relations

Rachel Brick

Director of Strategic Communications

(302) 385-5410

rbrick@thebancorp.com



Investor Relations

Andres Viroslav, Director of Investor Relations

The Bancorp

(215) 861-7990

aviroslav@thebancorp.com

Source: The Bancorp, Inc.

FAQ

When will Todd Brockman join The Bancorp (TBBK) Board of Directors?

Todd Brockman will join The Bancorp (TBBK) Board of Directors effective October 1, 2024.

What is Todd Brockman's background in relation to The Bancorp (TBBK)?

Todd Brockman is a retired Visa Inc. executive with over 25 years of experience in the payments and financial technology industry. He previously served as Senior Vice President, Global Head of Issuing Solutions for Visa Inc. and General Manager of Visa DPS.

How is Todd Brockman expected to contribute to The Bancorp (TBBK)?

Todd Brockman is expected to support the growth of The Bancorp's Fintech Solutions business, drive innovation, strengthen market leadership, and assist in executing strategic growth initiatives.

What is the significance of Todd Brockman joining The Bancorp (TBBK) Board?

Todd Brockman's addition to The Bancorp Board is seen as a strategic move to enhance the company's expertise in the payments and fintech industry, potentially driving growth and innovation in its Fintech Solutions business.

The Bancorp Inc.

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