MeridianLink, Inc. (NYSE: MLNK) has announced a transition in its leadership, with Sean Blitchok stepping down as Chief Financial Officer (CFO) on April 1, and Larry Katz joining the organization as the new CFO and member of its board of directors on the same day. Mr. Blitchok will maintain an advisory role with the company through September 30, 2024.
Larry Katz, the incoming CFO, brings three decades of experience to the role, with a successful record as a c-suite executive, operating partner, and strategic CFO. Prior to joining MeridianLink, he served as an independent consultant and senior advisor to various private equity firms, and was a partner at WestCap, a strategic operating and investing firm. His previous roles include serving as treasurer and then CFO at StubHub, and as CFO of Genesys, a global cloud leader in AI-powered experience orchestration.
MeridianLink's Chair of the Board, Edward H. McDermott, has expressed excitement in welcoming Larry Katz, citing his expertise, broad capabilities, and record of successfully delivering on bold business initiatives as a terrific addition to the company.
The company's CEO, Nicolaas Vlok, thanked Sean Blitchok for leading the company through a time of transformation and strategic investment. He expressed confidence in Larry Katz's proven ability as CFO to manage companies through pivotal moments and markets, driving growth, profitability, and value creation.
MeridianLink, a leading provider of modern software platforms for financial institutions and consumer reporting agencies, has prioritized the democratization of lending for consumers, businesses, and communities for more than 25 years. Their cloud-based digital lending, account opening, background screening, and data verification solutions leverage shared intelligence from a unified data platform, MeridianLink® One, to enable customers of all sizes to identify growth opportunities, effectively scale up, and support compliance efforts while powering an enhanced experience for staff and consumers alike.
The market has reacted to these announcements by moving the company's shares -0.4% to a price of $18.06. Check out the company's full 8-K submission here.