Dan Henry — Green Dot Corp.

President and CEO

THE LATEST: Henry was named CEO at Green Dot in March 2020 and vowed to make the prepaid card issuer less reliant on promotional marketing of its traditional products and more dependent on its banking license to drive profits. The ailing company’s stock price had plummeted about 60% in the year before Henry arrived. In January, Henry came out swinging, announcing plans to launch a digital bank account for lower-income Americans. He also is signing more partnership deals for Green Dot.
BACKGROUND: Henry is the former chief executive of NetSpend, a Green Dot competitor that was acquired by Total System Services in 2013. He led the prepaid debt card business from 2008 to 2014, guiding the company’s IPO in 2010 and completing an all-cash sale of the company valued at $1.4 billion to TSYS in 2013. In 2019, Global Payments completed its merger with TSYS, forming a global payments technology company. Since 2018, Henry has been chairman of Paysign Inc., a provider of prepaid card programs, digital banking and processing services for corporate, consumer, and government application. He also has been a director of The Brink’s Co., a cash management, route-based secure logistics and payment solutions company, since 2017.
YEARS ON THE LA500: 1
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