At Invela, we take pride in the strong leadership that shapes our vision and drives our mission. Our first two independent directors, Marianne Sullivan and Richard Cordray, bring a wealth of experience in the financial services and regulatory sectors. Both share our unwavering commitment to unlocking the full potential of open banking, ensuring that consumers and small businesses can fully benefit from their financial data.
We are immensely proud to announce these respected leaders. Together, we aim to advance our goals, uphold our commitment to our stakeholders, and make a positive contribution to the communities we serve.
Marianne Sullivan is an accomplished executive leader and board director with over 30 years of experience in the financial services and fintech sectors. Known for her ability to define transformative strategies and reengineer business operations, she has a strong track record in driving profitability and scalable growth. Marianne has worked with both startups and publicly traded companies, helping them align their business models with emerging technologies and customer needs, especially in areas like open banking and digital lending. Her board experience includes roles at Pennymac Mortgage Investment Trust, Finicity (acquired by Mastercard), Ardley Technologies, CreditXpert, and Sagent Technologies.
Richard Cordray is a notable figure in consumer protection, having served as the first Director of the Consumer Financial Protection Bureau (CFPB) for six years after being appointed by President Barack Obama. During his tenure, he returned over $12 billion to 30 million Americans and addressed 1.3 million consumer complaints. He is the author of "Watchdog," published in March 2020.
In the Biden administration, Cordray was the Chief Operating Officer of Federal Student Aid, overseeing $160 billion in student loan forgiveness for 5 million families. Previously, as Ohio's Attorney General, he recovered over $2 billion for retirees and investors. His career also includes roles as Ohio Treasurer, state legislator, and Solicitor General, and he has argued seven cases before the U.S. Supreme Court.
Open finance, covered.
