SAN FRANCISCO, April 9, 2018 /PRNewswire/ -- SoFi today announced the appointment of Michelle Gill as Chief Financial Officer, effective April 30.
"We're thrilled to have Michelle join the SoFi team. She has deep financial expertise, a passion for our mission, and knows our business in and out having been our lead banker for several years," said Anthony Noto, CEO of SoFi. "Michelle is also an exceptional leader who has a passion for building a great culture. I look forward to partnering with her as we continue to build the next great consumer financial services company."
Gill joins SoFi from TPG Sixth Street Partners. Previously, she spent 14 years at Goldman Sachs & Co., where most recently she was a Partner co-heading the Structured Finance business. Gill received her JD from Cornell Law School and her BA from the University of California at Los Angeles.
"I am excited to be joining Anthony and the team at SoFi in building an innovative and inclusive culture that will radically change the way people approach their finances," said Gill. "The company's impressive financial strength paired with its talented team gives SoFi the opportunity to expand the breadth of its offerings and ultimately help more members achieve success."
Gill replaces Interim CFO Steven Freiberg, who assumed the role in May 2017. Freiberg also serves as vice chairman of SoFi's Board of Directors and will remain in that role.
SoFi closed 2017 having reached new milestones across its business, cracking $25 billion in funded loans since inception and over 430,000 members. The company completed $2.6 billion in loan securitizations in the first quarter of 2018, a 35% increase over the prior-year period and its largest-ever quarterly ABS issuance volume.
About SoFi
SoFi is a new kind of finance company taking a radical approach to lending, wealth management and insurance. From unprecedented products and tools to faster service and open conversations, we're all about helping our members get ahead and find success. Whether they're looking to buy a home, save money on student loans, ascend in their careers, or invest in the future, the SoFi community works to empower our members to accomplish the goals they set and achieve financial greatness as a result. For more information, visit SoFi.com.
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