Texas-based digital bank and fintech firm Green Dot has fired its CEO and president Dan Henry and promoted its chief financial and operating officer George Gresham to the post.
The firm says Henry was let go by the company and also resigned from the board of directors as of 14 October.
Gresham has served as Green Dot’s chief financial and operating officer and as a member of the board since October 2021. He also previously served on Green Dot’s board of directors from May 2016 to May 2019.
A fintech and payments veteran, Gresham boasts over three decades of work experience. He served as the CFO of NetSpend Holdings from 2010 to 2013 and CFO and executive vice president of Global Cash Access from 2008 to 2010.
He is also a co-founder and board member of Dama Financial, a company that offers banking, payments and business management solutions.
Gresham will continue to serve as the company’s chief financial and operating officer on an interim basis until a successor is appointed.
Founded in 1999, Green Dot offers a wide range of financial services to consumers and businesses, including debit, credit, checking, prepaid and payroll cards, money processing services, tax refunds, cash deposits and disbursements. It also operates a consumer digital bank, GO2bank.