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

Phone:

626-765-2000

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.

Similar Private Companies By Industry

Company Name Region
1031 Corp. United States
1800Pay, Inc. United States
1st Franklin Financial Corporation United States
2011-SIP-2 Venture, LLC United States
2262011 Ontario-Delaware Inc. United States

Recent Private Companies Transactions

Type
Date
Target
Buyback
June 22, 2015
--
 

The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content. For inquiries, please contact Capital IQ directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Bloomberg L.P. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Green Dot Corporation, please visit www.greendot.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.