Mike Cagney's Figure Technology Taps Tannenbaum as Its New CEO [BNN Bloomberg (Canada)]
SoFi Technologies, Inc. (SOFI)
Company Research
Source: BNN Bloomberg
Tannenbaum, former chief operating officer of Brex Inc., takes over leadership of Figure from co-founder Mike Cagney, the company said in a statement Tuesday. The two met at SoFi Technologies Inc., which Cagney co-founded and led, and where Tannenbaum was chief revenue officer. Cagney will stay on as executive chairman of Figure, which specializes in lending products using blockchain-enabled technology. “We are excited to welcome Michael to Figure at a pivotal period of growth for the company,” Cagney said in the statement. “Michael's track record of implementing transformative capital-market solutions at global fintech companies, keen ability to attract and nurture top talent, and deep understanding of our business will be a significant asset.” The move comes amid a flurry of other changes at Figure, which is preparing for a potential IPO. Last month, the firm moved its lending division under the firm's umbrella brand, Figure Technology Solutions. Cagney would remain CEO of a se
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SOFI
Earnings
- 4/29/24 - Beat
SOFI
Sec Filings
- 4/29/24 - Form 8-K
- 4/24/24 - Form 4
- 4/24/24 - Form 4
- SOFI's page on the SEC website