Fetch Welcomes Phil McDonnell as New Chief Product Officer to Drive Innovation

Fetch Promotes Phil McDonnell as Chief Product Officer

In a big move signaling its commitment to innovation, Fetch, the rapidly expanding rewards app, has welcomed Phil McDonnell as its new Chief Product Officer. Announced on July 7, 2026, this appointment comes as Fetch seeks to continue enhancing its rewards ecosystem and product strategy.

Phil McDonnell brings a wealth of experience to Fetch, having previously held the position of Vice President of Product at Chime, where he played a pivotal role during the company's 2025 IPO. His impressive track record also includes leadership in Coinbase's Subscription and Services division, where he significantly increased revenue from $10 million to a staggering $2 billion. Notably, this growth accounted for more than half of Coinbase's total revenue. Before that, Phil honed his skills at Google for nearly ten years, leading projects in Ads Measurement and developing AI-driven marketing attribution models.

Wes Schroll, the founder and CEO of Fetch, expressed his enthusiasm for hiring McDonnell, highlighting his blend of technical expertise with a bold and visionary product mindset. According to Schroll, Phil is characterized by his curiosity, urgency, and ability to create transformative solutions that resonate with consumer behavior and money management.

Phil McDonnell himself voiced excitement about joining Fetch, stating, "Fetch has built a category-defining rewards ecosystem that consumers love, delivering scale, engagement, and measurable performance for brands. I'm thrilled to be part of this pivotal moment, guiding the development of next-generation products that will reward a broader audience."

In further detail, Fetch is known for its innovative approach to rewarding users based on their interactions and activities. The app creates a value exchange where consumers earn rewards for engaging with brands, effectively turning everyday actions into earning opportunities. Impressively, Fetch has already distributed over $1 billion in Fetch Points, which users can redeem for gift cards and multiple other rewards.

This focus on consumer engagement puts Fetch at the forefront of outcomes-based advertising, which enables brands to acquire and retain committed customers effectively. With a staggering rate of 13 million submitted receipts daily, Fetch offers a unique and comprehensive view of household spending trends, providing visibility over $212 billion in gross merchandise value.

Phil's educational background complements his practical experience; he holds an MBA from Dartmouth's Tuck School of Business, has pursued advanced studies in AI at Stanford University, and possesses a BS in Computer Science from the University of Washington. This combination of education and experience positions him well to drive innovation at Fetch.

In summary, the appointment of Phil McDonnell as Chief Product Officer represents a strategic step for Fetch as it aims not only to refine its existing product offerings but also to push the boundaries of what is possible within the rewards ecosystem. As this journey unfolds, consumers can expect exciting developments that enhance their experience and engagement with the Fetch platform.

The Fetch app is accessible on both the App Store and Google Play, making it easy for everyone to tap into the rewards they deserve.