STAMFORD, Conn., December 10, 2020 / PRNewswire / – Synchrony (NYSE: SYF) announced today that 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, the current EVP and CEO of Payment Solutions, will be leaving Synchrony in 2021 to pursue other opportunities.
Synchrony’s Payment Solutions platform provides innovative digital and in-store payments to small and medium-sized businesses across a wide range of industries, including auto, furniture, home improvement, powersports and others, through private label credit cards, installment products and advertising finance.
Mehta is staying with Synchrony March 1, 2021 ensure a smooth transition; Howse will lead Payment Solutions January 1, 2021.
“Curtis is a strong trading leader who brings deep expertise to this new role, from its long history of delivering growth through key relationships with our partners to driving digital innovation and a seamless customer experience on our online banking platform.” , he said Margaret Keane, CEO, Synchrony. “He is the right leader to help Synchrony further diversify our business through the continued growth of our payment solutions platform.”
Howse has over 25 years of consumer finance experience. Since 2018, he has led Synchrony Direct to Consumer efforts, driving growth and digital innovation for Synchrony Bank, an online banking platform with more than $ 63 billion in deposits. Prior to this position, Mr. Howse was Senior Vice President and General Manager of the Diversified Client Group at Synchrony and led several key partner portfolios. Before Synchrony separated from GE in 2015, he worked for GE Consumer Finance in the areas of operations, business development and customer development, and led various business units in the United States. Argentina, Brazil, Canada and Mexico.
Howse is an executive sponsor of Synchrony’s African American Diversity Network, one of eight Synchrony diversity networks that promote diversity and inclusion across 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.
Mehta has headed Synchrony’s payment solution platform since 2018, driving growth and innovation at the point of sale as well as the company’s focus on small and medium-sized businesses. He is also an executive sponsor of Synchrony’s Asian Professional Engagement Network. He joined Synchrony in 2015 as part of the separation from GE and founded the company’s independent corporate strategy. He founded the Synchrony Ventures team, overseeing payments innovation and driving strategic partnerships and acquisitions. Prior to that, he had a 20-year career in numerous leadership positions at GE Capital, including President and CEO of GE Capital Commercial Distribution Finance, President of GE Capital Bank Loan Group and General Manager of GE Capital Europe, Bank Loans.
“We thank Neeraj for his passion and commitment to Synchrony and our partners, especially in promoting 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, personal, auto, travel, health and pet. By syncing, our partners can increase sales and consumer loyalty. We are one of the largest issuers of private label credit cards in the world United States;; We also offer co-branded products, installment loans, and consumer finance products for small and medium-sized businesses and healthcare providers.
Synchronicity changes what is possible through our digital functions, extensive industry expertise, actionable data insights, the smooth customer experience and tailor-made financing solutions.
For more information visit www.synchrony.com and Twitter: @Synchrony.
Jennifer Sekel Church