PROG Holdings Announces Appointment of Sridhar Nallani as Chief Technology Officer
29 Mars 2023 - 3:00PM
Business Wire
PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for
Progressive Leasing, Vive Financial, and Four Technologies,
announced today that Sridhar Nallani has joined the Company as
Chief Technology Officer, effective February 14, 2023. As CTO, Mr.
Nallani leads the teams responsible for development, integration,
and innovation of all customer-, partner-, and employee-facing
technologies for PROG Holdings and its subsidiaries, including
Progressive Leasing’s leading lease-to-own products.
“Sridhar’s repeated success leading the development and
evolution of enterprise-level financial services and retail
consumer technologies at organizations ranging from startups to
Fortune 50 companies makes him a great asset to lead our continuing
innovation of flexible, transparent, and inclusive fintech
products,” said PROG Holdings President and CEO Steve Michaels. “We
welcome Sridhar to our executive team and look forward to working
with him to execute on our key technology initiatives in 2023 and
beyond.”
Mr. Nallani joins PROG Holdings from leading outdoor retailer
Backcountry, where, as Executive Vice President and CTO, he oversaw
a complete top-to-bottom modernization of the primarily online
retailer’s enterprise technology stack. Prior to Backcountry, he
led technology efforts as Senior Vice President and CTO of Old
Navy/Gap Inc., amplifying the influential fashion retailer’s
customer experience while focusing on an omni-channel architecture
unification for all Gap brands.
Mr. Nallani has also worked in senior technology management
positions for fashion retailer Charlotte Russe and Macy’s. His
experience includes building and leading strong teams that have
modernized legacy technology systems and stacks, executed
end-to-end B2C transformations, driven e-commerce platforms into
cloud-based solutions, and strategically used data, artificial
intelligence and machine learning to elevate and personalize the
customer experience with retailer-focused businesses.
Mr. Nallani was named to the 2019 National Diversity Council
list of the top 50 CIOs and CTOs in the United States and serves as
a technology and digital strategy advisor to the Board of Directors
for the private equity firm TSG Consumer Partners. He received his
bachelor’s degree in computer science from Osmania University,
Telangana, India, and his master’s degree in computer science from
Louisiana State University.
About PROG Holdings, Inc.
PROG Holdings, Inc. (NYSE:PRG) is a fintech holding company
headquartered in Salt Lake City, UT, that provides transparent and
competitive payment options to consumers. The Company owns
Progressive Leasing, a leading provider of e-commerce, app-based,
and in-store point-of-sale lease-to-own solutions, Vive Financial,
an omnichannel provider of second-look revolving credit products,
and Four Technologies, provider of Buy Now, Pay Later payment
options through its platform Four. More information on PROG
Holdings' companies can be found at
https://www.progholdings.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230329005329/en/
Investor Contact John A. Baugh, CFA VP, Investor
Relations john.baugh@progleasing.com
Media Contact Mark Delcorps Director, Corporate
Communications media@progholdings.com
PROG (NYSE:PRG)
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