Green Dot names George Gresham CEO after terminating Dan R. Henry; Q3 prelim results near high end of guidance

GREEN DOT CORP

George Gresham appointed CEO and President effective Oct 14, 2022, replacing Dan R. Henry who was terminated and resigned from the board.
Gresham's new employment agreement includes $800,000 base salary, $7M 2023 equity award, and $2M promotion RSUs vesting over three years.
Preliminary Q3 2022 results expected at or near high end of previously communicated guidance ranges from August 4, 2022.
Gresham will continue as CFO and COO on an interim basis until a successor is appointed.

item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Dan R. Henry

Chief Executive Officer and President

GDOT · GREEN DOT CORP

Effective: 2022-10-14
Successor: George Gresham
Filed: October 17, 2022, 7:59 PM ET

Dan R. Henry was terminated as Chief Executive Officer and President of the Company and resigned as a member of the Board.

Role change

George Gresham

Chief Executive Officer and President

GDOT · GREEN DOT CORP

Effective: 2022-10-14
Filed: October 17, 2022, 7:59 PM ET

the Board of Directors (the “ Board ”) of the Company appointed George Gresham, who has served as the Company’s Chief Financial and Operating Officer and as a member of the Board since October 2021, as Chief Executive Officer and President of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Dan R. Henry was terminated as Chief Executive Officer and President at GREEN DOT CORP.

Action: terminated
Role: Chief Executive Officer and President

Exact text from the filing

Dan R. Henry was terminated as Chief Executive Officer and President of the Company and resigned as a member of the Board.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

George Gresham was appointed as Chief Executive Officer and President at GREEN DOT CORP.

Action: appointed
Role: Chief Executive Officer and President

Exact text from the filing

the Board of Directors (the “ Board ”) of the Company appointed George Gresham, who has served as the Company’s Chief Financial and Operating Officer and as a member of the Board since October 2021, as Chief Executive Officer and President of the Company.

View on SEC.gov

GREEN DOT CORP filing history →

Source: SEC EDGAR

accession 0001386278-22-000054

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