Summary by Moomoo AI
On January 25, 2024, SoFi Technologies, Inc. announced the appointment of Dana Green to its board of directors. Green's term began on the same day and will extend until the 2024 annual meeting of stockholders. With Green's addition, the SoFi board now comprises eleven directors. Green, who has a notable background in financial supervision, served at the Federal Reserve Bank of New York for over three decades, including a role as Senior Vice President. Her experience includes supervising systemically important financial institutions and serving on key Federal Reserve Bank committees. SoFi believes Green's extensive supervisory experience makes her a valuable addition to the board. The company also plans to enter into an indemnification agreement with Green similar to those with other directors. There are no disclosed arrangements or transactions involving Green that would require additional disclosure under SEC regulations.