Synchrony Promotes New Executive Leaders

Synchrony (NYSE: SYF), a leading consumer finance company, today announced the promotion of three leaders to its executive leadership team, effective January 1, 2023Max Axler will become EVP and Chief Credit Officer, Maran Nalluswami will become EVP and CEO Diversified & Value and Lifestyle and Dana Randell will become EVP and Chief Audit Executive.  They will report to Brian Doubles, President and Chief Executive Officer.

These leaders will replace Henry Greig, EVP and Chief Credit Officer, Mark Martinelli, EVP and Chief Audit Executive, and Tom Quindlen, EVP and CEO Diversified & Value and Lifestyle, who announced their intention to retire from the company effective December 31, 2022.

“Synchrony is benefitting from our deep bench of talent with the promotion of Max, Maran and Dana – I’m excited to welcome them to our executive team. I also want to whole-heartedly thank Henry, Mark and Tom for their contributions to Synchrony’s business and culture during their tenure,” said Doubles. “Henry, Mark and Tom were instrumental in the formation of Synchrony and helped to drive our company’s growth and innovation. They have left a lasting positive imprint on the company.”

Max Axler is currently SVP and Deputy Chief Credit Officer.  He has more than 20 years of experience across audit, finance and credit. During the past several years, Max has played a key role setting the company’s strategic direction for credit and fraud decisioning and implementation.

Maran Nalluswami is currently SVP, Diversified & Value where he is responsible for driving growth for our partners and for Synchrony. He has more than 20 years of experience in commercial leadership roles.

Dana Randell is currently SVP, Deputy Chief Audit Executive. She brings more than 20 years of diverse and extensive industry experience in audit, accounting and risk management.

“Max, Maran and Dana are established leaders with strong track records of driving growth for our partners and Synchrony, while demonstrating the values that make our company a great place to work,” Doubles said. “Their diverse experience and demonstrated success in driving complex projects make them highly capable of advancing our growth and digital transformation objectives to deliver long-term value for all stakeholders.”

Synchrony also announced that Courtney Gentleman will become SVP, Diversified & Value Leader, succeeding and reporting to Maran Nalluswami, effective January 1, 2023.  Courtney is currently SVP, Chief Marketing Officer, Digital and has more than 20 years of broad and deep industry and payments expertise.

About Synchrony

Synchrony (NYSE: SYF) is a premier consumer financial services company delivering one of the industry’s most complete digitally-enabled product suites. Our experience, expertise, and scale encompass a broad spectrum of industries, including digital, health and wellness, retail, telecommunications, home, auto, outdoor, pet, and more. We have relationships with an established and diverse group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations, and healthcare service providers, which we refer to as our “partners.”  We connect our partners and consumers through our dynamic financial ecosystem and provide them with a diverse set of financing solutions and innovative digital capabilities to address their specific needs and deliver seamless, omnichannel experiences.  We offer the right financing products to the right customers in their channel of choice. For more information, visit www.synchrony.com and Twitter: @Synchrony.