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Friday, April 12, 2024
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HomeBusinessLiza Landsman is the new CEO of Stash

Liza Landsman is the new CEO of Stash

As of February 6, 2023, Stash's new CEO will be Liza Landsman, one of the country's leading executives and investors in e-commerce and consumer finance.

Stash logo

Since mid-2022, Landsman has been a member of the Stash board, where she guided the companies through seismic change and record-breaking growth in consumer engagement and profitability. Prior to last week, she was a General Partner at NEA, a global venture capital firm with more than $25 billion in assets under management1.

“Stash empowers millions of Americans to manage and grow their wealth. Its simple-yet-disruptive subscription platform, rooted in a deep commitment to the financial well-being of our customers, is exactly what millions of everyday Americans need today,” said Landsman. “I’m so appreciative to both Brandon and Ed and excited to work with the incredible team at Stash. Together they’ve built a rock-solid foundation.”

In addition to leading Jet.com to its $3.3 billion acquisition by Wal-Mart, Landsman joins Stash at a crucial time for the company. In spite of inflation fears and a looming recession, revenue last year surpassed $100 million and grew nearly 30%, with users depositing almost $3 billion regularly and automatically.

“Liza is the right person to lead Stash as we continue to hit major revenue and customer milestones and evolve the business. Her experience and knowledge of consumer products, e-commerce, and fintech is ideally suited to the opportunities ahead,” said Brandon Krieg. “Liza brings the scale and expertise needed to help Stash continue on its trajectory, and I am thrilled to support her as she takes the reins as CEO of Stash and delivers even more value for our subscribers. She has been so insightful in just the few months she has been working with us.”

Efforts will be focused on new areas of the business under Krieg’s leadership; Ed Robinson will remain Stash’s Co-Founder and President to drive execution under his leadership.

About Stash:

Stash is an investing and banking app that simplifies personal finance for more than 2 million active subscribers. Stash’s plans—starting at just $3 a month—provide easy and affordable access to a suite of products including investing, banking, education, and advice. In 2022, the company launched its new banking infrastructure, StashCore, as well as major updates to its managed portfolio product, Smart Portfolio, and its investing tools. Stash’s one-of-a-kind Stock-Back® patented technology connects banking with investing; customers have earned more than 66M in Stock-Back® rewards by using the Stash Stock-Back® Debit Mastercard®.

Sara Fields
Sara Fields
Financial Services Professional | Child advocate| Traveling Expert because I travel alot.
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