Katapult Announces Appointments of Joyce Phillips and Jane J. Thompson to Board of Directors
February 10 2022 - 4:01PM
Katapult, a lease-to-own platform that integrates with major
e-commerce platforms to power online shopping for non-prime
customers, today announced the appointment of Joyce Phillips and
Jane J. Thompson to its Board of Directors, effective immediately.
Ms. Phillips and Ms. Thompson were appointed to the class of
directors that will stand for election at the 2022 Annual Meeting
of Stockholders.
“Both executives are accomplished business
leaders and seasoned board members with an impressive record of
achievement at the intersection of technology, finance, retail and
banking,” said Orlando Zayas, CEO of Katapult. “Their fresh
perspective will be an invaluable addition to our board to help us
succeed in today’s competitive landscape. We are looking forward to
benefiting from their extensive background and experience during
this exciting time of opportunity and growth.”
Ms. Phillips is an accomplished and seasoned
executive who during her 25-year career has led significant
business lines in retail banking, payments solutions, insurance and
wealth management, with global and regional responsibilities. Joyce
is Founder & CEO of EqualFuture Corp., a San Francisco-based
FinTech startup focused on delivering affordable personal wellness
financial platforms to individuals and businesses. She is currently
serving on the Boards of the Western Union Company (NYSE: WU),
First Interstate BancSystem (NASDAQ: FIBK) and previously served on
the Board of Reinsurance Group of America. Joyce also serves on the
Board of Girls Inc. NYC, a non-for-profit board dedicated to
empowering young women from underserved communities.
“I am passionate about finding ways to make
financial inclusion a reality for all, something that I have
championed in most of my professional roles and continue to
actively engage in,” Ms. Phillips said. “I’m thrilled to join the
board of a company that empowers individuals and families by
providing access to payment options and services that meet
their needs.”
An experienced leader, Ms. Thompson has
successfully led large and small customer-focused organizations in
a variety of industries, including retail, financial services,
consumer services, and digital businesses. She has served on the
executive committees of Walmart and Sears, and in those roles
helped lead C-suite strategies for both corporations. Currently,
Ms. Thompson serves as an independent board member and advisor to a
wide range of technology and payment companies, such as Navient
Corporation (NASDAQ: NAVI) and CompoSecure (NASDAQ: CMPO).
Previously, Ms. Thompson served on the board of On Deck Capital,
Mitek Systems, Pangea Money Transfers, Verifone Systems, Blackhawk
Network Holdings and The Fresh Market.
“It is a pleasure to join Katapult’s board to
help achieve its mission of providing non-prime customers with
payment options and promote financial inclusion," Ms. Thompson
said. "I look forward to helping Katapult transform the fintech
ecosystem for individuals, families and communities."
With Ms. Phillips and Ms. Thompson appointments,
Katapult has eight board members. Ms. Phillips will serve on the
board’s audit committee and Ms. Thompson will serve on the board’s
compensation committee as its chair. The board appointments
continue to build on Katapult’s commitment to bringing in fresh and
strategic expertise, experience and unique perspective to help the
company succeed in today’s competitive landscape.
About Katapult Katapult
(NASDAQ: KPLT) is an omnichannel lease-purchase platform, providing
alternative solutions for retailers and consumers. As a financial
technology company, Katapult provides cutting-edge technology that
integrates seamlessly with online platforms, enabling our retail
partners to expand their customer base, increase transactions, and
grow revenue. Katapult's consumer-centric focus ensures an
efficient application and approval process while providing
transparent and tailored payment terms. Katapult associates with
hundreds of retailers across the United States, with merchant
support teams, marketing insights, and suggestions for continued
success.
Investor Inquiries:Katapult Vice President of
Investor RelationsBill
Wright917-750-0346bill.wright@katapult.com Press
Inquiries:Allison +
Partners908-566-2090katapult@allisonpr.com
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