Chip stocks fall with Nvidia after data center rev disappointment
COSTA MESA, Calif. - MeridianLink, Inc. (NYSE: MLNK), a provider of software platforms for financial institutions and consumer reporting agencies, announced changes to its executive leadership team, appointing Larry Katz as President and Elias Olmeta as Chief Financial Officer.
Larry Katz, previously the company's Chief Financial Officer, steps into the role of President, bringing a wealth of experience from his tenure at companies such as StubHub, Genesys, JPMorgan Chase & Co. (NYSE:JPM), and The Walt Disney Company (NYSE:DIS).
Katz's background in banking, consumer lending, and SaaS companies is expected to bolster MeridianLink's commercial efforts. "I am honored to take on the role of President at MeridianLink," Katz said, expressing his commitment to the company's growth.
Elias Olmeta is set to join MeridianLink as Chief Financial Officer on August 26, 2024. Olmeta's experience includes CFO roles at Mitchell International and Vistage Worldwide, as well as a board position at AutoCanada (TSE: ACQ). His track record in SaaS and services businesses positions him as a strategic addition to the MeridianLink team.
Chris Maloof will depart from his role as President, Go-To-Market, on August 31, 2024, to explore opportunities outside the industry. CEO Nicolaas Vlok expressed gratitude for Maloof's contributions to the company.
MeridianLink aims to empower financial institutions and consumer reporting agencies to achieve efficient growth through its cloud-based solutions, which include digital lending, account opening, background screening, and data verification services. The company has been a proponent of democratizing lending for over 25 years.
The changes in MeridianLink's executive team are part of the company's strategy for its next growth phase. While these statements are forward-looking and subject to various risks and uncertainties, they reflect the company's current expectations for its leadership transition and future performance.
This news is based on a press release statement from MeridianLink.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.