Green Dot Corporation announced that George Gresham, who has served as Green Dot's Chief Financial and Operating Officer and as a member of the Board of Directors since October 2021, has been appointed as President, effective as of October 14, 2022. Mr. Gresham succeeds Dan R. Henry, who was terminated as Chief Executive Officer and President of Green Dot and resigned as a member of Green Dot's Board of Directors, effective the same date. Mr. Gresham will continue to serve as a member of the Board.

Mr. Gresham has extensive leadership experience at Green Dot and significant operational and financial expertise. Most recently, Mr. Gresham has served as Green Dot's Chief Financial and Operating Officer and as a member of Green Dot's Board of Directors since October 2021. He also previously served on Green Dot's Board of Directors from May 2016 to May 2019.

A veteran payments and fintech executive, Mr. Gresham was Chief Financial Officer at NetSpend Holdings from 2010 to 2013; Chief Financial Officer and Executive Vice President at Global Cash Access (GCA Holdings Inc.), a multinational, publicly traded payments company specializing in merchant payment processing solutions in the gaming industry, from 2008 to 2010; and Chief Financial Officer and Chief Administrative Officer at EFD (eFunds Corporation, which was ultimately sold to FIS) from 2002 through 2007. Mr. Gresham has also served on the Board of EML Payments, a multi-national provider of GPR, gift, payroll and other payment solutions, from April 2020 to August 2021. From July 2013 to October 2021, Mr. Gresham served as owner and Chief Executive Officer of Granite Reef Advisers Inc., an advisory firm focused on providing third-party assistance in acquisition target evaluation and execution, and as a director from May 2016 until May 2019.

Since March 2017, Mr. Gresham has served as Co-Founder and as a member of the board of directors of Dama Technologies. A graduate of Northern Arizona University with a Bachelor of Science in Accountancy, Gresham received his MBA at the Thunderbird School of Global Management in 2006. Mr. Gresham will continue to serve as Chief Financial and Operating Officer on an interim basis until a successor is appointed.