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Part of the idea is to generate buzz. But market research is also driving the pay-what-you-want strategy, chief executive officer Steve Streit says in an interview.
April 8
Green Dot (GDOT) chief financial officer John Keatley plans to resign on Sept. 1, the prepaid card company announced in a regulatory filing.
After nearly a decade at Green Dot, Keatley intends to move to Sweden, his wife's original home, to become chief financial officer for a technology company based in Stockholm, according to the filing.
Keatley will assist in recruiting his successor, the company stated. "We believe this will add stability to the transition," First Analysis Securities stated in a research note.
Keatley has been chief financial officer of the Pasadena, Calif.-based company since 2006. He joined the company in 2004 following a stint as a consultant at McKinsey & Co.
