May 27, 2016 5:05 PM ET

Consumer Finance

Company Overview of Green Dot Corporation

Company Overview

Green Dot Corporation, together with its subsidiaries, operates as a pro-consumer technology bank holding company that provides personal banking for the masses. It offers reloadable prepaid debit cards and cash reload processing services in the United States, as well as mobile banking services with its GoBank mobile checking account. The company’s products include Green Dot MasterCards, Visa-branded prepaid debit cards, and various co-branded reloadable prepaid card programs; Visa-branded gift cards; and swipe reload products, which enable cash loading and transfer services through Green Dot Network. Its Green Dot Network enables consumers to use cash to reload its prepaid debit cards or to ...

3465 East Foothill Boulevard

Pasadena, CA 91107

United States

Founded in 1999

1,012 Employees



Key Executives for Green Dot Corporation

Founder, Chairman, Chief Executive Officer and President
Age: 53
Total Annual Compensation: $666.0K
Chief Financial Officer
Age: 55
Total Annual Compensation: $450.0K
Chief Operating Officer
Age: 42
Total Annual Compensation: $440.0K
Chief Executive Officer of Green Dot Bank and President of Green Dot Bank
Age: 57
Total Annual Compensation: $360.0K
Chief Revenue Officer
Age: 42
Total Annual Compensation: $440.0K
Compensation as of Fiscal Year 2015.

Green Dot Corporation Key Developments

Green Dot Corporation Elects Board of Directors

Green Dot Corporation announced that, according to preliminary voting tabulations, stockholders have elected Saturnino Fanlo and George W. Gresham to the Company’s Board of Directors.

Green Dot Corporation Appoints J. Chris Brewster as Member of the Audit Committee of the Board of Directors

On May 21, 2016, J. Chris Brewster was appointed as a member of the Audit Committee of the Board of Directors of Green Dot Corporation.

Green Dot Corporation Announces Board Changes

On May 23, 2016, Green Dot announced that Timothy R. Greenleaf and Michael J. Moritz have resigned as directors of Green Dot, effective as of May 22, 2016, and have decided not to stand for reelection to the board of directors of Green Dot at the Annual Meeting. As a result, all references to Mr. Greenleaf and Mr. Moritz as director nominees should be deemed to be removed from the Proxy Statement and the Board's nominees should be deemed to be changed to the Board's nominee in the Proxy Statement. In light of the foregoing, the Board is now seeking, pursuant to Proposal to elect only Steven W. Streit, to serve as a Class III director on the Board until the third annual meeting of stockholders following the Annual Meeting and until his successor has been elected and qualified or until his earlier resignation or removal. The size of Board of Directors is currently fixed at ten members, and due to the resignations of Mr. Greenleaf and Mr. Moritz, Board currently consists of eight directors, with two vacancies. In addition, Board is divided into three classes. Each class serves for three years, with the terms of office of the respective classes expiring in successive years. The term of the lone director in Class III, Steven W. Streit, expires at this meeting. The terms of office of directors in Class I and Class II do not expire until the annual meetings of stockholders held in 2017 and 2018, respectively.

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Recent Private Companies Transactions

June 22, 2015

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