The Bancorp, Inc. (NASDAQ: TBBK) and its subsidiary, The Bancorp Bank, N.A., have announced the appointment of Todd Brockman to their board of directors, effective October 1, 2024. Brockman brings over 25 years of experience in the payments and financial technology industry, having served in various senior executive roles at Visa Inc. and Galileo Processing, Inc.
Brockman's appointment is intended to support the continued growth of The Bancorp's fintech solutions business. His extensive experience in the industry, including as the senior vice president and general manager of Visa DPS, positions him to contribute to the company's strategic growth initiatives and further innovation in the payments industry.
According to Damian Kozlowski, CEO and President at The Bancorp, Brockman's appointment is expected to help unlock the potential of the company's platform for partners and investors, as the company aims to significantly grow its leading fintech ecosystem.
The addition of Brockman to the board of directors reflects The Bancorp's commitment to leveraging experienced leadership to drive continued success and deliver exceptional value to clients and stakeholders in the evolving fintech landscape. Today the company's shares have moved -0.7% to a price of $50.13. For more information, read the company's full 8-K submission here.
