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Portfolio company Vestwell is making two changes to its oversight, naming board member Lori Hardwick as chairman of the board and adding Mary Dent, former CEO of Green Dot Bank, to its board of directors. She and Dent will be supporting efforts to scale Vestwell following a $70m Series C funding round and CEO Aaron Schumm’s vision of a “clear line of sight to be a multi-billion-dollar business in the very near future.”
Vestwell’s approach is to keep its investors happy by growing the firm, said Hardwick. “We have a lot of very top shelf investors in the company,” she explained. “A lot of those investors may be thinking they want a front row seat to be able to potentially take the company under their wing at some point. As of right now, that is not something that's been overtly discussed.”
https://www.wealthmanagement.com/people/lori-hardwick-lead-vestwell-board
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