Green Dot in Provo, Utah, has hired an investment bank to help it explore strategic alternatives—often a prelude to selling.
The fintech, which operates Green Dot Bank, said in a press release that it had shaken up its management with the departure of George Gresham as president and CEO.
William Jacobs, the company’s chairman and interim CEO from January to March 2020, was named interim CEO. Chris Ruppel, Green Dot’s chief revenue officer, was named interim president.