DailyPay Welcomes New Leaders to Drive Growth and Innovation Forward

DailyPay, the acclaimed work technology platform that empowers both workers and their employers, has recently announced exciting changes to its executive leadership team. The appointment of Deepa Subramanian as the company’s Chief Financial Officer (CFO) signifies a strategic move to further strengthen its financial acumen and support continued growth. Subramanian, who transitioned from a significant role at Uber, is expected to propel DailyPay's finance operations based on her extensive experience spanning over a decade at JPMorgan Chase and leading financial initiatives within Uber's delivery service.

Ken Brause, previously serving as CFO since November 2023, shifts into the role of Chief Administrative Officer. His depth of understanding and institutional knowledge aims to drive organizational transformation and improve internal processes as DailyPay continues on its growth trajectory. Both executives will report directly to DailyPay’s Chief Executive Officer, Stacy Greiner, and join her leadership team focused on the mission to enhance workers' financial wellness.

Subramanian's enthusiastic acceptance of her new role highlights her passion for DailyPay’s mission — to provide workers with accessible financial opportunities and solutions. Through innovative financial strategies and managing the Finance division, she aims to create value while extending DailyPay’s impact across diverse employee bases. “I am incredibly excited to join DailyPay and support its next phase of growth and market expansion,” Subramanian stated, reflecting her commitment to the company’s vision.

On the operational side, Brause’s transition is seen as essential for sustaining and building organizational processes, further ensuring that DailyPay maintains its rapid growth and enhances value creation for its stakeholders. Greiner affirmed her confidence in Brause's ability to oversee administrative operations effectively, given his proven track record.

The announcement arrives right after DailyPay's most prosperous year, revealing the company’s significant traction thanks to innovative product offerings and market expansions that cater to workers needing flexible financial solutions. DailyPay's differentiation in the worktech sector is underscored by their earned wage access service—a voluntary employee benefit that encourages worker motivation by enabling timely financial access.

Research suggests that employees utilizing DailyPay are less likely to leave their jobs, indicating a direct correlation between financial wellness and employee retention. DailyPay’s commitment to assisting workers not only improves employee morale but also contributes to enhanced productivity levels across organizations.

In the past year, DailyPay has garnered recognition within the industry, being included in the Deloitte Technology Fast 500™ list. This acknowledgment reflects its position as one of North America’s fastest-growing technology companies in sectors such as fintech, telecommunications, and media. One of DailyPay's core strengths lies in its innovative platform that supports millions of workers on their journey towards financial stability.

As it moves forward, DailyPay continues to prioritize facilitating stronger employer-employee relationships through industry-leading solutions aimed at bolstering financial well-being. With these strategic additions to its executive team, DailyPay is poised to enhance its capabilities in meeting the needs of workers and employers alike, driving a new phase of growth positioning the company as a leader in the worktech domain.

Topics Business Technology)

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