Pagaya Announces CFO Transition
25 November 2023 - 8:15AM
Business Wire
Michael Kurlander to depart as CFO; Evangelos Perros appointed
Interim CFO
Pagaya Technologies, Ltd. (NASDAQ: PGY) (“Pagaya” or “The
Company”) today announced that Michael Kurlander, Chief Financial
Officer, has stepped down from his role to pursue an outside
opportunity.
Deputy Chief Financial Officer Evangelos Perros has been named
Interim Chief Financial Officer, as the Company conducts a search
for a permanent successor that will include both internal and
external candidates. The Company has engaged a leading executive
recruitment firm to lead this process. Kurlander will remain in an
advisory role through the end of the year to support the
transition.
"Michael has been a tremendous partner to Pagaya’s leadership
team over the last two and a half years, helping drive our company
to the next phase of our mission, while building a strong financial
foundation to deliver profitable growth well into the future," said
Gal Krubiner, co-founder and CEO of Pagaya. "I am grateful for his
many contributions to Pagaya and wish him great success in the next
chapter of his career."
The Company named Perros as the Company’s Deputy CFO in
September of 2023.
“Evangelos Perros is a proven leader having built and led
finance functions at top-tier financial institutions prior to
joining Pagaya. He has extensive M&A and investment banking
experience and has a wealth of financial markets and operational
expertise. Evangelos is credited with building out our strategic
finance function and in recent months has been serving as our
deputy CFO, leading Investor Relations, Corporate Development and
Strategy. I look forward to continuing to work with him closely in
his role as Interim CFO and am confident in his ability to continue
to deliver against our strategic and financial goals,” Krubiner
concluded.
"It has been a great experience being part of the growth and
success of Pagaya over the last 2.5 years,” said Kurlander. “I will
continue to root for Pagaya’s continued success going forward and
have full confidence in the team.”
About Pagaya Technologies
Pagaya (NASDAQ: PGY) is a global technology company making
life-changing financial products and services available to more
people nationwide, as it reshapes the financial services ecosystem.
By using machine learning, a vast data network and a sophisticated
AI-driven approach, Pagaya provides comprehensive consumer credit
and residential real estate products for its partners, their
customers, and investors. Its proprietary API and capital solutions
integrate into its network of partners to deliver seamless user
experiences and greater access to the mainstream economy. Pagaya
has offices in New York and Tel Aviv. For more information, visit
pagaya.com.
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