Bradley Strock, PayPal CIO, Joins Elevate’s Board of Directors
FORT WORTH, Texas--(BUSINESS WIRE)-- Elevate Credit, Inc. (“Elevate”), a leading tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, today announced that Bradley Strock has joined its Board of Directors, effective immediately.
Mr. Strock joined PayPal in 2011 and since 2014 has been its Chief Information Officer. At PayPal, he is leading the transformation of that company’s operations platforms to support dramatic user growth. Prior to PayPal, he held several senior executive roles at Bank of America, and he led the creation of a new rewards platform at JP Morgan Chase. Mr. Strock’s early career spanned a wide range of strategy and financial roles. He also serves on the board of Hiigna, Inc., a non-profit organization providing micro-finance loans in Africa. He received his MSM (MBA) from the Krannert School of Management at Purdue University, along with a BS in Mechanical Engineering from Purdue.
“Brad is one of the top technologists anywhere, and we’re excited to have him join the Board,” said Ken Rees, Chief Executive Officer of Elevate. “We know he will add to the excellent advice we get from our very strong Board of Directors.”
“Elevate is using technology and analytics to transform an industry and help non-prime consumers,” said Mr. Strock. “I’m excited to join Elevate’s Board of Directors to help the company fulfill its mission of providing solutions that help non-prime consumers with their current financial stresses and providing long-term solutions for them.”
Mr. Strock replaces Jason Harvison, who stepped down from his Board role but continues as Chief Operating Officer at Elevate.
Elevate (NYSE: ELVT) has originated $4.9 billion in credit to more than 1.8 million non-prime consumers to date and has saved its customers more than $2 billion versus the cost of payday loans. Its responsible, tech-enabled online credit solutions provide immediate relief to customers today and help them build a brighter financial future. The company is committed to rewarding borrowers’ good financial behavior with features like interest rates that can go down over time, free financial training and free credit monitoring. Elevate’s suite of groundbreaking credit products includes RISE, Elastic and Sunny. For more information, please visit http://www.elevate.com.
Source: Elevate Credit, Inc.