Synchrony Financial Appoints Dan Colao to Board of Directors
Slice of Finance Team
09/23/2024
Key Highlights:
- Dan Colao, former GE Capital CFO, re-joins Synchrony's Board of Directors.
- Colao brings over 30 years of financial services experience to Synchrony's leadership.
- Previously served on Synchrony’s Board from February 2014 to November 2015.
- Appointment expands the Board to 11 members, strengthening governance.
- Synchrony continues to focus on its values-based culture and strategic growth.
Source: PR Newswire
Quotes
“ "Dan has extensive expertise in financial services and consumer lending, and will provide valuable insights to the Board as the company navigates the economic environment and regulatory landscape." ”
Brian Doubles, President and CEO at Synchrony
Our Take:
Dan Colao's re-appointment to Synchrony's Board of Directors highlights the company’s commitment to bolstering its leadership amid challenging economic conditions. With his deep financial acumen, honed during a successful tenure at GE Capital, Colao is positioned to contribute significantly to Synchrony's strategic initiatives. His prior experience with the company ensures a seamless integration, providing valuable continuity as Synchrony navigates an evolving regulatory landscape and continues its digital transformation. This appointment underscores the company's focus on governance and long-term growth.
