Green Dot Corporation has recently appointed Robert Millard to its board of directors, effective March 25, 2024. Millard is a seasoned finance and healthcare executive, currently serving as the Chief Financial Officer at CHG Healthcare, the largest temporary physician staffing services firm in the U.S. Prior to CHG, he held the CFO position at Earnest, a consumer lending financial technology company, and GE Capital Bank.
Green Dot's CEO, George Gresham, expressed enthusiasm about Millard's appointment, noting his proven leadership and strategic capabilities in managing key relationships and driving financial and other strategic initiatives. Millard's appointment is expected to add strategic and executional bench strength to Green Dot's advisory team.
The company aims to leverage Millard's expertise to further its turnaround and transformation as a technology-led platform company delivering seamless banking and payment tools to a wide range of consumers and businesses. Green Dot sees tremendous opportunity for market expansion and impact, given its differentiators and assets.
It's worth noting that Millard has been serving on Green Dot Bank's board of directors since 2017, indicating a continued relationship with the organization. This move comes as Green Dot seeks to capitalize on Millard's experience and insights to drive long-term growth and success. The market has reacted to these announcements by moving the company's shares 2.2% to a price of $9.1. Check out the company's full 8-K submission here.
