SoFi Announces CEO Mike Cagney To Step Down By Year End
"I believe now is the right time for SoFi to start the search for a new leader," Cagney said. "I could not be more proud of the company we've built together, and I look forward to passing the baton to a new CEO who can continue SoFi's mission of revolutionizing personal finance, helping our members to get ahead and find financial success."
SoFi also announced that the company's Board of Directors has elected
Hutton was appointed to the SoFi board
"With Mike at the helm, SoFi has become a major, innovative player in consumer finance. We are grateful for all he's done to help build this remarkable company," Hutton said. "We're confident that we can find and hire a great CEO to continue that innovation and drive excellent financial performance."
In the second quarter, SoFi funded
About SoFi
SoFi is a new kind of finance company taking a radical approach to lending, wealth management and insurance. From unprecedented products and tools to faster service and open conversations, we're all about helping our members get ahead and find success. Whether they're looking to buy a home, save money on student loans, ascend in their careers, or invest in the future, the SoFi community works to empower our members to accomplish the goals they set and achieve financial greatness as a result. For more information, visit SoFi.com.
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SOURCE SoFi
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