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SoFi Announces Election of Peggy Alford and Magdalena Yeşil to its Board of Directors

SAN FRANCISCO, Calif. – July 3, 2018 – SoFi announced today the election of Peggy Alford and Magdalena Yeşil to its Board of Directors, effective today.

“We are very pleased to add Peggy and Magdalena to our Board,” said Tom Hutton, chairman of the Board. “Both bring significant experience and perspective from decades working at the intersection of finance and technology, and will help our Board and the management deliver on our mission of helping SoFi members achieve financial independence.”

“We have made significant progress this year in bringing aboard incredible talent at all levels of SoFi. Today is another step adding to our leadership” said Anthony Noto, CEO and board director. “Both Peggy and Magdalena not only share a passion for our mission and deep knowledge of fintech, but also for helping us build a world-class culture at SoFi.”

Ms. Alford is the Chief Financial Officer and Head of Operations for the Chan Zuckerberg Initiative. Previously she held positions at PayPal as CFO of Americas, Global Credit and Global Products and COO in the Asia Pacific region. Most recently, she served as the head of Human Resources-People Operations as well as the head of Cross-Border Trade for PayPal. She holds a Bachelor of Science degree in Accounting and Business Administration from Dayton University and is a Certified Public Accountant. She also serves on the board of directors of Macerich (NYSE:MAC).

“I am big believer in SoFi’s vision of providing people a better way of handling their finances, and I’m honored to be joining the Board,” said Ms. Alford. “I have tremendous respect for Anthony, his team and the other Board members, and I look forward to working with them.”

Ms. Yeşil is a founder, entrepreneur, and venture capitalist of many of the world’s top technology companies, including Salesforce, where she was the first investor and founding board member. She is a former general partner at U.S. Venture Partners, where she oversaw investments in more than thirty early-stage companies and served on the boards of many. A technology pioneer, Ms. Yeşil founded three of the first companies dedicated to commercializing Internet access, e-commerce infrastructure, and electronic payments. UUnet, CyberCash, and MarketPay earned her the Entrepreneur of the Year title from Red Herring in 1997. She is a founder of Broadway Angels, a group of female venture capitalists and angel investors. Ms. Yeşil is currently working on her fourth startup, DriveInformed, a technology company bringing trust and transparency to the auto finance industry. She also serves on the board of directors of Smartsheet (NYSE:SMAR) and Zuora (NYSE:ZUO).

“The way SoFi is changing the definition of service for members is unprecedented in financial services, and all the more powerful because it’s built from the ground up with technology at its core,” said Ms. Yeşil. “I look forward to working with SoFi’s leadership and team to keep pushing that change forward.”

Additionally, SoFi announced Board director David Chao is departing his role. Mr. Chao, the Co-Founder and General Partner at DCM Ventures, joined the Board in 2012.

About SoFi
SoFi is a new kind of finance company taking a radical approach to lending, wealth management and insurance. From unprecedented products and tools to faster service and open conversations, we’re all about helping our members get ahead and find success. Whether they’re looking to buy a home, save money on student loans, ascend in their careers, or invest in the future, the SoFi community works to empower our members to accomplish the goals they set and achieve financial greatness as a result. For more information, visit SoFi.com.

Contact
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Parent Plus Refinancing – Registered

Parent PLUS Loan Refinancing

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Hear From Our Members

With benefits like career counseling, unemployment protection and entrepreneur programs, our members have a lot to say.

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“Making it happen was simple. I’ve been a customer for almost two years and it’s been great.“

Chris Martinez

Stanford

Student Loan Refinancing

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Stanford

Student Loan Refinancing

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Jared Pool

University of the Pacific

Student Loan Refinancing


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“A new financial model is emerging…One of the companies at the forefront of it is SoFi”

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Member Advisory Board

Meet the SoFi Member
Advisory Board.

We believe members should help make the calls that shape the future of SoFi. That’s why we
have our Member Advisory Board, a diverse group of SoFi members providing invaluable
feedback across all our products and services.

  • Christian Fuentes

    Christian Fuentes

    District Leader, Patient Services

    Christian Fuentes

    District Leader, Patient Services


    I joined SoFi in 2022 through their financial tracking and banking products, and quickly became inspired by the company’s mission and passion for helping people get their money right. I am excited to leverage my financial journey and experiences to help inform new products and services that make financial planning less daunting and more rewarding.


  • Cortez Downey

    Cortez Downey

    In-House Data Privacy & Cybersecurity Attorney

    Cortez Downey

    In-House Data Privacy & Cybersecurity Attorney


    Navigating the universe of student loans, credit cards, and investment portfolios can be so overwhelming. I respect and value SoFi’s approach to making tools, resources, and financial products understandable and accessible.

    As an attorney and former educator, I understand the impact of taking complex subject matter and presenting it in a way that empowers clients (and students) to define success for themselves and take ownership over their journey.

    I’m honored to be a part of the Member Advisory Board, and I look forward to contributing my personal and professional experiences to improve the SoFi experience and empower all SoFi members to define financial success for themselves and take ownership of their financial journey.


  • Edlyn Ortiz

    Edlyn Ortiz

    Project Manager

    Edlyn Ortiz

    Project Manager


    I’m honored and excited to be a part of the Member Advisory Board. As a new SoFi member, I have already taken advantage of many of its products and services. I was impressed by their simplicity and ease of use. SoFi’s educational resources help empower its members to grow in their financial literacy journey. I look forward to serving on the board.


  • Gustav Nørrelund

    Gustav Nørrelund

    Project Manager

    Gustav Nørrelund

    Project Manager


    It’s a privilege to serve on SoFi’s Member Advisory Board, a role that allows me to actively contribute to a pioneering financial community. My objective during my tenure is to channel member insights into actionable feedback, aligning SoFi’s services even more closely with the real-world needs of its members. By doing so, I aim to contribute to the ongoing improvement of an institution that has already empowered so many to take charge of their financial futures.


  • Jeff Aronowitz

    Jeff Aronowitz

    Director, Patient Support Training and Creative Development

    Jeff Aronowitz

    Director, Patient Support Training and Creative Development


    It’s an honor to join SoFi’s Member Advisory Board, a role that aligns seamlessly with my diverse career in technology and public programs. I’m eager to leverage my educational background and experience to contribute to meaningful conversations that will shape the future financial well-being of our community.


  • Joanna Kitlinski

    Joanna Kitlinski

    Employment Strategy Project Manager

    Joanna Kitlinski

    Employment Strategy Project Manager


    I was first introduced to SoFi when I refinanced my student loans in 2017, and I’m pleased to say I purchased my first home this year with SoFi as my mortgage lender. I’m very excited to join the Member Advisory Board and I look forward to providing my input to help future members feel empowered to reach financial freedom.


  • Karyn Housh

    Karyn Housh

    Learning & Developmental Scientist

    Karyn Housh

    Learning & Developmental Scientist


    SoFi has been with me through many milestones in my life—from coming to the U.S. for grad school to becoming a citizen, starting a career, and saving toward a home. In just a handful of years, SoFi has helped me achieve many of my financial goals as I navigated these life-changing accomplishments.

    As part of the Member Advisory Board, I hope to have input into enhancing the user experience, broadening the financial tools and resources available, and further enabling members to effectively achieve and maintain financial success. I look forward to helping SoFi continue to progress and improve its services.


  • Kyle Kurtz

    Kyle Kurtz

    Staff Software Engineer

    Kyle Kurtz

    Staff Software Engineer


    Personal finance is a persistent challenge for many Americans, and SoFi is dedicated to making it more accessible and rewarding. They consolidate personal finance into an ever-improving, user-friendly, one-stop solution, celebrating milestones like loan payoffs and incentivizing smart financial behavior with redeemable rewards points. The simplicity combined with the benefits, like great interest rates, has improved the financial health of our household immensely. As an Advisory Board member, I’m eager to contribute insights for SoFi’s continued growth to benefit all members.


  • Matthew Floden

    Matthew Floden

    Retired Pilot

    Matthew Floden

    Retired Pilot


    SoFi has helped me save right, borrow right, and invest right. I love my SoFi experience, but there is more work to be done to reach our goal of becoming a top 10 financial institution. I’m excited to be part of a team that will help us achieve that goal.


  • Matthew Talmage

    Matthew Talmage

    Senior Account Executive

    Matthew Talmage

    Senior Account Executive


    SoFi allows banking to work for you rather than against you. No account fees* and earning interest on checking and savings accounts helped put me in the driver’s seat of my financial future. I’m excited to add my input to the Member Advisory Board and work toward helping more people master their finances.


  • Melody Tharpe

    Melody Tharpe

    Teacher K–6

    Melody Tharpe

    Teacher K–6


    I am looking forward to serving on SoFi’s Member Advisory Board. I’ve only been a SoFi member for a little over a year. I have appreciated the SoFi setup as well as its focus on financial literacy and empowerment. I hope this shared experience will benefit SoFi and myself.


  • Rafik Awad

    Rafik Awad

    Business Development Manager – Tech

    Rafik Awad

    Business Development Manager – Tech


    I’m super excited to be part of the Member Advisory Board. Moving to the States at 17 from Egypt, I had no clue about many parts of the financial system in America. It took me years
    to understand and better my position. Sixteen years later, I really want to be a part of simplifying financial tools for others and making sure they are helpful and understandable. SoFi is certainly making a difference!


  • Sandra Soliz Escobedo

    Sandra Soliz Escobedo

    Senior Vice President, Customer Experience

    Sandra Soliz Escobedo

    Senior Vice President, Customer Experience


    I was privileged in my early career to be introduced to financial literacy through investing. At the time, I recognized I had so little exposure to financial health before then. Fast forward to 2020, when I was introduced to SoFi doing research on student loan consolidation, and I loved the simplicity of their messages. I’m excited to be a part of the Member Advisory Board this year and hope to expand simple lessons around financial health that can help people who might not have been raised with these tools.


  • Sergio Velasquez-Rose

    Sergio Velasquez-Rose

    Marketing Strategy, Insights & Analytics

    Sergio Velasquez-Rose

    Marketing Strategy, Insights & Analytics


    I have followed SoFi’s journey over the last decade and am excited to be the voice of the customer, contributing to the improvement and launch of products and services that benefit people every day.


  • Zain Haseeb

    Zain Haseeb

    B2B/B2G Product Marketing Manager

    Zain Haseeb

    B2B/B2G Product Marketing Manager


    As a SoFi member since 2017, I’ve steadily grown my relationship with SoFi by taking advantage of multiple product offerings. I’ve enjoyed how their platform provides me the convenience, simplicity, and control to navigate my finances.

    SoFi’s focus on building a community, providing relevant financial education, and investing in their members’ growth has reshaped my view of what a financial services company should be. I am honored and excited to serve on the Member Advisory Board and hope to influence more innovative solutions and help SoFi continuously improve the member experience.


Interested in being a part of our board?

Serving on SoFi’s Member Advisory Board means you’ll be a thought leader at SoFi. During
your one-year commitment, you’ll participate in monthly virtual meetings and attend a special
celebration at our San Francisco headquarters, where you’ll meet with executives and employees.

If you’re interested in applying for next year’s MAB cohort, reach out to [email protected]
and you’ll receive more information when applications open.

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