STAMFORD, Conn., December 10, 2020 / PRNewswire / – Synchrony (NYSE: SYF) announced today that Curtis Howse has been named Executive Vice President and CEO of Payment Solutions. He was executive vice president responsible for direct consumer sync. Neeraj Mehta, current EVP and CEO of Payment Solutions, will be leaving Synchrony in 2021 to pursue other opportunities.
Howse, has over 25 years of experience in the consumer credit industry.
Synchrony’s payment solutions platform offers innovative digital and in-store payments for small and medium-sized businesses across many industries, including automotive, furniture, home improvement, powersports and more, via credit cards from private label, installment products and promotional financing.
Mehta will stay with Synchrony through March 1, 2021 to ensure a smooth transition; Howse will assume the leadership role of payment solutions on January 1, 2021.
“Curtis is a strong business leader who brings deep expertise to this new role, from its long history of growing through key relationships with our partners to promoting digital innovation and seamless customer experiences across our platform. online banking, “said Margaret keane, Managing Director, Synchrony. “He is the ideal leader to help Synchrony continue to diversify its business through the continued growth of our payment solutions platform.”
Howse, has over 25 years of experience in the consumer credit industry. He has led Synchrony Direct to Consumer efforts since 2018, driving growth and digital innovation for Synchrony Bank, an online banking platform with more than 63 billion dollars in deposits. Previously, Mr. Howse was Senior Vice President and General Manager of the Diversified Client Group at Synchrony, overseeing several key partner portfolios. Prior to the separation of Synchrony from GE in 2015, he held positions in operations, business development and customer development at GE Consumer Finance, and led various business divisions in the United States, Argentina, Brazil, Canada and Mexico.
Howse is an executive sponsor of Synchrony’s African-American Diversity Network, one of Synchrony’s eight diversity networks that promote diversity and inclusion across the company. Externally, he is a member of the Executive Leadership Council. He obtained a bachelor’s degree in computer information systems from DeVry University.
Mehta has been leading Synchrony’s payment solutions platform since 2018, driving growth and innovation at the point of sale, in addition to expanding the company’s focus on small and medium businesses. He is also the executive sponsor of Synchrony’s Asian Professional Engagement Network. He joined Synchrony in 2015 as part of the separation from GE and created the independent corporate strategy function of the company, launching the Synchrony Ventures team, overseeing payment innovation and piloting partnerships. strategic and acquisitions. Previously, he had a 20-year career in numerous leadership roles at GE Capital including President and CEO of GE Capital Commercial Distribution Finance, President of GE Capital Bank Loan Group and Managing Director of GE Capital Europe, Bank Loans.
“We thank Neeraj for its passion and commitment to Synchrony and our partners, especially in point of sale innovation. We wish him every success in the future, ”said Keane.
Synchrony (NYSE: SYF) is a leading consumer financial services company. We offer a wide range of specialized financing programs, as well as innovative consumer banking products, in key industries such as digital, retail, home, automotive, travel, health and pets. company. Synchrony enables our partners to increase sales and retain consumers. We are one of the largest private label credit card issuers in the United States; we also offer co-branded products, installment loans and consumer finance products for small and medium-sized businesses, as well as healthcare providers.
Synchronization is changing what is possible through our digital capabilities, deep industry expertise, actionable data, seamless customer experience, and personalized financing solutions.
For more information visit www.synchrony.com and Twitter: @Synchrony.
Jennifer Sekel Church