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Former Expedia chief financial officer Eric Hart will join the 10-year-old company a year after leaving the travel group. His appointment fills a major vacancy in Plaid’s preparation for an initial public offering, which co-founder and chief executive Zach Perret has said is his aim for the company, without offering a timeline.
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“Expedia was one of the leading players in that space of the digitisation of travel,” Hart told the Financial Times. “I see a very similar opportunity here, which is the digitisation of financial services. That’s been happening for a while, but I think we can all see that that’s accelerated over the last few years.”
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