{"id":754999,"date":"2023-05-04T11:06:41","date_gmt":"2023-05-04T15:06:41","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/pagaya-strengthens-leadership-team-with-two-executive-hires-deepening-subject-matter-expertise\/"},"modified":"2023-05-04T11:06:41","modified_gmt":"2023-05-04T15:06:41","slug":"pagaya-strengthens-leadership-team-with-two-executive-hires-deepening-subject-matter-expertise","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/pagaya-strengthens-leadership-team-with-two-executive-hires-deepening-subject-matter-expertise\/","title":{"rendered":"Pagaya Strengthens Leadership Team with Two Executive Hires, Deepening Subject Matter Expertise"},"content":{"rendered":"

<\/p>\n

\nPagaya Strengthens Leadership Team with Two Executive Hires, Deepening Subject Matter Expertise<\/p>\n

Former Santander consumer lending exec with 30+ years of experience, Giancarlo Marchesi, joins as General Manager, Auto and Personal Lending<\/i><\/p>\n

Pagaya appoints financial services and fintech legal veteran with 25 years of experience, Eric Watson, as Chief Legal Officer<\/i><\/p>\n

NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE<\/a>)–
\nPagaya Technologies Ltd. (NASDAQ: PGY) (the \u201cCompany\u201d or \u201cPagaya\u201d), a global technology company delivering artificial intelligence infrastructure for the financial ecosystem, has named two executives with proven track records to its team \u2013 Giancarlo Marchesi as General Manager and Eric Watson as Chief Legal Officer \u2013 adding to its already strong senior leadership bench.<\/p>\n

\nGiancarlo Marchesi has joined Pagaya as General Manager to oversee the Auto and Personal Lending businesses. Marchesi is well-versed in the space, having served as Chief Risk Officer for Auto at Wells Fargo, Head of Credit Risk in the Auto Division of JPMorgan Chase and most recently, Head of Consumer Lending at Santander Bank.<\/p>\n

\n\u201cGiancarlo has the leadership experience and industry knowledge to drive Pagaya\u2019s Auto and Personal Lending markets to new heights,\u201d said Ashok Vaswani, President of Pagaya. \u201cAs we expand how Pagaya\u2019s credit decisioning technology is used across different industries and markets, Giancarlo will be instrumental in helping us to continue to serve the needs of our partners every day.\u201d<\/p>\n

\n“With 30 years of financial services experience, I’ve witnessed the impact cutting-edge technology can have on improving traditional underwriting methods,” said Marchesi. “Pagaya has the potential to utilize its vast data network and AI capabilities to dramatically scale its lending business, and I’m incredibly excited to expand on the great work the team has done to drive success for Pagaya.”<\/p>\n

\nEric Watson has joined Pagaya\u2019s executive team as Chief Legal Officer and brings extensive experience as a General Counsel in the consumer lending sector. Watson began his legal career at Skadden and went on to hold senior executive roles at Sallie Mae, SoFi, and Mosaic. Most recently, he served as Senior Vice President, General Counsel and Secretary at Doma, a company innovating the real estate market with technology, taking the firm from its series-C through its IPO.<\/p>\n

\n\u201cI am thrilled to be joining Pagaya, whose core business model has demonstrated consistency and growth, and I am excited about the Company\u2019s expansion into new sectors and its new partnerships,\u201d said Watson. \u201cI look forward to working with the executive leadership team to help Pagaya grow as we innovate legacy financial systems and achieve our long-term strategic goals.\u201d<\/p>\n

\nPagaya recently announced the increased and continued commitment from its investors, strengthening the Company\u2019s positioning to pursue strategic investments, including M&A. The hires of Marchesi and Watson will both help Pagaya accelerate organic growth of its core business and push forward new strategic growth initiatives.<\/p>\n

\n“We are humbled to continue to attract experienced executive talent to Pagaya like Giancarlo and Eric and believe this is a key competitive advantage to continue to grow our business,\u201d said Gal Krubiner, co-Founder and CEO of Pagaya. \u201cI\u2019m excited to lean into all of the opportunities ahead of us in M&A, scaling our existing markets and new strategic business ventures.\u201d<\/p>\n

\nFor more information on Pagaya’s technology, services, and careers, please visit https:\/\/www.pagaya.com\/<\/a>.<\/p>\n

About Pagaya<\/b><\/p>\n

\nPagaya (NASDAQ: PGY) is a global technology company making life-changing financial products and services available to more people nationwide, as it reshapes the financial services ecosystem. By using machine learning, a vast data network and a sophisticated AI-driven approach, Pagaya provides comprehensive consumer credit and residential real estate solutions for its partners, their customers, and investors. Its proprietary API and capital solutions integrate into its network of partners to deliver seamless user experiences and greater access to the mainstream economy. Pagaya has offices in New York and Tel Aviv. For more information, visit pagaya.com<\/a>.<\/p>\n

Cautionary Note About Forward-Looking Statements<\/b><\/p>\n

\nThis Press Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as \u201cmay,\u201d \u201cwill,\u201d \u201cexpect,\u201d \u201cplan,\u201d \u201canticipate,\u201d \u201cestimate,\u201d \u201cintend\u201d and similar expressions (as well as other words or expressions referencing future events, conditions or circumstances) are intended to identify forward-looking statements. These forward-looking statements may include, but are not limited to, statements regarding the reduction in workforce, including estimated costs and charges, anticipated annualized cost savings and additional costs, charges or cash expenditures in connection with the reduction in workforce, among others. These forward-looking statements are based on Pagaya\u2019s expectations and assumptions as of the date of this Press Release. Each of these forward-looking statements involves risks and uncertainties. Actual results may differ materially from those expressed or implied by these forward-looking statements. For a discussion of risk factors that may cause Pagaya\u2019s actual results to differ from those expressed or implied in the forward-looking statements in this Press Release, you should refer to Pagaya\u2019s filings with the U.S. Securities and Exchange Commission, including the \u201cRisk Factors\u201d section contained therein. Except as required by law, Pagaya undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. You should, therefore, not rely on these forward-looking statements as representing Pagaya\u2019s views as of any date subsequent to the date of this Press Release.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230503006075\/en\/<\/a><\/span><\/p>\n

\nJency John
\n
Head of Investor Relations
\n
IR@pagaya.com
\n<\/a><\/p>\n

Emily Passer
\n
Head of PR & External Communications
\n
Press@pagaya.com<\/a><\/p>\n

KEYWORDS:<\/b> New York United States North America Israel Middle East<\/p>\n

INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

Pagaya Strengthens Leadership Team with Two Executive Hires, Deepening Subject Matter Expertise Former Santander consumer lending exec with 30+ years of experience, Giancarlo Marchesi, joins as General Manager, Auto and Personal Lending Pagaya appoints financial services and fintech legal veteran with 25 years of experience, Eric Watson, as Chief Legal Officer NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE)– Pagaya Technologies Ltd. (NASDAQ: PGY) (the \u201cCompany\u201d or \u201cPagaya\u201d), a global technology company delivering artificial intelligence infrastructure for the financial ecosystem, has named two executives with proven track records to its team \u2013 Giancarlo Marchesi as General Manager and Eric Watson as Chief Legal Officer \u2013 adding to its already strong senior leadership bench. Giancarlo Marchesi has joined Pagaya as General Manager … <\/p>\n

Continue reading “Pagaya Strengthens Leadership Team with Two Executive Hires, Deepening Subject Matter Expertise”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-754999","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nPagaya Strengthens Leadership Team with Two Executive Hires, Deepening Subject Matter Expertise - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pagaya-strengthens-leadership-team-with-two-executive-hires-deepening-subject-matter-expertise\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pagaya Strengthens Leadership Team with Two Executive Hires, Deepening Subject Matter Expertise - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Pagaya Strengthens Leadership Team with Two Executive Hires, Deepening Subject Matter Expertise Former Santander consumer lending exec with 30+ years of experience, Giancarlo Marchesi, joins as General Manager, Auto and Personal Lending Pagaya appoints financial services and fintech legal veteran with 25 years of experience, Eric Watson, as Chief Legal Officer NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE)– Pagaya Technologies Ltd. (NASDAQ: PGY) (the \u201cCompany\u201d or \u201cPagaya\u201d), a global technology company delivering artificial intelligence infrastructure for the financial ecosystem, has named two executives with proven track records to its team \u2013 Giancarlo Marchesi as General Manager and Eric Watson as Chief Legal Officer \u2013 adding to its already strong senior leadership bench. 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