Synchrony announced Curtis Howse has been named Executive Vice President and Chief Executive Officer of Payment Solutions. He was Executive Vice President and head of Synchrony Direct to Consumer. Neeraj Mehta, current EVP and CEO of Payment Solutions, will leave Synchrony in 2021 to pursue other opportunities.
Read More: GlobalFintechSeries Interview with Irwin Grossman, CEO and Co-founder at Delta Payment Solutions
Synchrony’s Payment Solutions platform provides innovative digital and in-store consumer payments for small and medium sized businesses across numerous industries including auto, furniture, home improvement, powersports and others through private label credit cards, installment products and promotional financing.
Mehta will remain with Synchrony through March 1, 2021 to ensure a smooth transition; Howse will assume the Payment Solutions leadership role on January 1, 2021.
“Curtis is a strong commercial leader who brings extensive expertise to this new role, from his long history of delivering growth through key relationships with our partners to driving digital innovation and seamless customer experience in our online banking platform,” said Margaret Keane, Chief Executive Officer, Synchrony. “He is the right leader to help Synchrony continue to diversify our business through continued growth in our Payment Solutions platform.”
Read More: GlobalFintechSeries Interview with Konstantin Richter, CEO & Founder of Blockdaemon
Howse, has more than 25 years of experience in consumer finance. He has led Synchrony’s Direct to Consumer efforts since 2018, driving growth and digital innovation for Synchrony Bank, an online banking platform with more than $63 billion in deposits. Prior to this role, Mr. Howse was Senior Vice President and General Manager of the Diversified Client Group at Synchrony, overseeing several key partner portfolios. Before Synchrony’s separation from GE in 2015, he held roles in operations, business development and client development at GE Consumer Finance, and led various business divisions in the U.S., Argentina, Brazil, Canada and Mexico.
Howse is an executive sponsor of Synchrony’s African American Diversity Network, one of eight Synchrony diversity networks which promote diversity and inclusion throughout the company. Externally, he is a member of the Executive Leadership Council. He earned a bachelor’s degree in computer information systems from DeVry University.
Read More: Payment Trends in 2021 to Look Out For!