Pagaya Technologies (NASDAQ: PGY) announced that Chief Strategy Officer Jonathan Dobres will become Chief Financial Officer effective June 15, 2026, replacing Evangelos Perros.

Perros will remain in his current role until the transition date and continue with the company through December 31, 2026, as a Strategic Executive Advisor to CEO Gal Krubiner, focusing on the company's long-term funding strategy.

Dobres joined Pagaya in 2021 as Head of Strategy and Corporate Development before becoming Chief Strategy Officer. He previously held senior investment roles at Hudson Executive Capital, including CFO positions at several Hudson-sponsored investment vehicles, and worked at Flexis Capital and P. Schoenfeld Asset Management. He began his career as a bank regulatory and M&A lawyer at Sullivan & Cromwell and as a Vice President in technology investment banking at Bear Stearns & Co.

Dobres graduated with distinction from Emory University with a finance degree and received a JD with honors from Georgetown Law School.

"Jon brings a strong combination of financial discipline, strategic insight and deep familiarity with our business, having played an integral role in our strategic planning, capital allocation, and execution," said CEO Gal Krubiner.

Perros served as CFO for 4.5 years and helped build Pagaya's financial organization. Under his leadership, the company achieved GAAP Net Income profitability. "After much reflection, I have decided it is the right time for me to turn to other career opportunities, knowing I leave the company on the best footing in its history," Perros stated.

The announcement coincided with Pagaya's release of first quarter 2026 results. The company describes itself as a global technology firm that uses machine learning and AI to provide consumer credit and financial products through its partner network.