OnDeck announced today that Jane J. Thompson, former head of Wal-Mart Financial Services, will join the board of directors of OnDeck.
“I have dedicated my career to driving growth for a variety of companies across the financial services industry, with a particular focus on those underserved by traditional options,” Thompson said.
Noah Breslow, OnDeck CEO, added, “Her expertise and leadership will help guide our growth across our marketing, product innovation, risk management, and customer services efforts.”
Thompson currently serves as the CEO of Jane J. Thompson Financial Services LLC, a management-consultant firm. Before serving as president of Financial Services at Wal-Mart, Thompson led the Sears Credit, Sears Home Services, and Sears Online groups within Sears.
Thompson is also director at Navient Corporation, a loan management, loan servicing, and asset recovery firm, VeriFone Systems, and The Fresh Market. An advisor to the Consumer Financial Protection Bureau (CFPB), Thompson was named Innovator of the Year, and one of the 25 Most Powerful Women in Finance by American Banker Magazine.
Jane J. Thompson’s joining of the OnDeck board comes as the company moves closer to an initial public offering.