Pathward names Charles Ingram as chief information and operations officer

PHOENIX - Pathward Financial, Inc. (NASDAQ:CASH), a financial services company with a market capitalization of $1.69 billion and currently trading at $73.80, announced Thursday that Charles Ingram has been appointed Executive Vice President and Chief Information and Operations Officer at its subsidiary, Pathward, N.A. According to InvestingPro analysis, the company’s stock is currently fairly valued based on its Fair Value model.

In his expanded role, Ingram will oversee the bank’s technology, security, artificial intelligence, data and analytics teams, as well as product management, strategic business operations and business transformation. He will continue to report directly to CEO Brett Pharr.

"Charles and his team have transformed our technology organization, delivering on many strategic initiatives, including the Pathward rebrand, modernizing infrastructure, and developing major business applications to enable revenue generation," Pharr said in a press release statement.

Ingram joined Pathward in 2020 as Executive Vice President and Chief Information Officer. Since October 2021, he has served as Executive Vice President and Chief Technology and Product Officer.

With over three decades of technology leadership experience, Ingram previously held roles at another financial institution and other major companies. He holds an MBA from Wake Forest University and an interdisciplinary Bachelor of Arts in Business Administration and Computer Science from Furman University.

His industry recognition includes the 2022 Arizona CIO ORBIE Award for his work with Pathward. Ingram is also a founding Advisory Board Member of the Arizona CIO Council.

Pathward Financial, through its national bank subsidiary, focuses on financial inclusion across its Partner Solutions and Commercial Finance business lines, providing support to individuals and businesses.

In other recent news, Keefe, Bruyette & Woods has maintained its Market Perform rating for Meta Financial, keeping the price target at $86.00. This decision came after a series of meetings with Meta Financial’s leadership team, including CEO Brett Pharr and CFO Greg Sigrist. During these discussions, analysts noted the company’s strong position in the Banking as a Service (BaaS) sector. Meta Financial’s extensive experience and comprehensive range of product offerings were highlighted as significant strengths. The analysts also pointed out the company’s solid regulatory and compliance framework. These attributes are considered crucial as Meta Financial looks to expand into new business areas that require less balance sheet commitment. These developments reflect the company’s ongoing strategic initiatives and its positioning in the financial services industry.

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