Profitelligence Profitelligence · Filing Ledger Open SOFI research →

Form 8-K · Current Report · Filed 2024-02-08

SoFi Appoints New Chief Risk Officer and Reassigns Former Risk Officer

On February 7, 2024, SoFi Technologies, Inc.

Filer
SoFi Technologies Inc. SOFI · NASDAQ
Filed
Accession
0001818874-24-000011
CIK
0001818874
Signal
High impactFinancial Services

Details

announced that Arun Pinto has been appointed as Chief Risk Officer, reporting directly to the CEO. Aaron Webster, the former Chief Risk Officer, will take on a new role as Executive Vice President, Global Operations, Business Risk, and LatAm, while continuing to report to the CEO. Pinto's appointment comes with Webster's reassignment to a broader operational and risk management oversight role, effective immediately.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

New CEO Appointed Key Executive Appointment Key Executive Departure

Market reaction

Close before filing

$7.66

Next session

+6.1%

Since filing

+112.9%

Latest close

$16.31

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from SOFI reporting the same item, with the next session's move:

About SoFi Technologies Inc.

SoFi Technologies Inc. operates as a financial technology company primarily focused on offering a suite of financial products and services designed to meet the needs of both individual and institutional clients. It provides a digital platform that includes lending services, such as student loan refinancing, personal loans, and home loans. Additionally, SoFi offers investing and savings tools, digital banking services, including checking and savings accounts, as well as insurance products. The company's platform is renowned for its commitment to leveraging technology to streamline financial processes and enhance user experience. Targeting primarily a younger demographic, SoFi caters to customers seeking modern, mobile-first financial solutions. Aimed at disruptiveness within the traditional financial industry, SoFi operates in sectors like personal finance, student financing, and digital payments, contributing to increased accessibility and efficiency in financial transactions. Established in 2011 and headquartered in San Francisco, California, SoFi Technologies continues to influence the fintech landscape by integrating technological innovation with financial services.

Exchange NASDAQ Industry Credit Services Company website ↗

Never miss another SOFI filing

Profitelligence watches EDGAR around the clock and alerts you within seconds.

Set up free alerts