Green Dot Appoints Kim Olson as Chief Risk Offer
March 03 2025 - 8:00AM
Business Wire
Green Dot Corporation (NYSE: GDOT) today announced that Kim
Olson has joined the company as Chief Risk Officer responsible for
overseeing all aspects of Green Dot’s risk management strategy and
program execution and reporting directly to the Chief Executive
Officer.
“Kim is a proven leader with skills and experience that will
bolster our commitment to and focus on compliance and risk
management,” said George Gresham, Chief Executive Officer, Green
Dot. “We have been making great strides across all areas of our
risk management teams and processes, and we look forward to Kim
helping us further establish a strong risk management foundation
that sets Green Dot up for long-term growth and success.”
Olson joins Green Dot from Discover Financial Services where she
was the Head of the Office of Remediation, responsible for
overseeing and challenging the enterprise’s remediation of
significant regulatory matters, including consent orders, since
November 2023. She has over 30 years of deep and multi-faceted
financial services experience, previously serving as chief risk
officer and in senior risk oversight roles at leading global
banking organizations, as well as rating agency and professional
services experience advising financial institutions on risk
management, evolving regulations and strategy. Olson began her
career at the Federal Reserve Bank of New York, where she held a
variety of senior policy, regulatory and examination roles in
banking supervision.
“I am honored to join Green Dot and look forward to leading the
Risk function to strengthen risk and compliance management
practices that enable sound and sustained business growth,” said
Olson. “I am excited to help further Green Dot’s mission to provide
seamless banking and payments solutions that serve the financial
needs of businesses and consumers.”
About Green Dot
Green Dot Corporation (NYSE: GDOT) is a financial technology
platform and registered bank holding company that builds banking
and payment solutions to create value, retain and reward customers,
and accelerate growth for businesses of all sizes. For more than
two decades, Green Dot has delivered financial tools and services
that address the most pressing financial needs of consumers and
businesses, and that transform the way people and businesses manage
and move money.
Green Dot delivers a broad spectrum of financial products to
consumers and businesses through its portfolio of brands,
including: GO2bank, a leading digital and mobile bank account
offering simple, secure and useful banking for Americans living
paycheck to paycheck; the Green Dot Network (“GDN”) of more than
90,000 retail distribution and cash access locations nationwide;
Arc by Green Dot, the single-source embedded finance platform
combining all of Green Dot’s secure banking and money processing
capabilities to power businesses at all stages of growth; rapid!
wage and disbursements solutions, providing pay card and earned
wage access services to more than 6,000 businesses and their
employees; and Santa Barbara TPG (“SBTPG”), the company’s tax
division, which processes more than 14 million tax refunds
annually.
Founded in 1999, Green Dot has managed more than 80 million
accounts to date both directly and through its partners. Green Dot
Bank is a subsidiary of Green Dot Corporation and member of the
FDIC2. For more information about Green Dot’s products and
services, please visit www.greendot.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20250303517632/en/
Media Contact: Alison Lubert alubert@greendotcorp.com
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