63 F
Fort Worth
Tuesday, November 24, 2020
Banking Elevate Credit names Jason Harvison chief executive officer

Elevate Credit names Jason Harvison chief executive officer

Other News

A look at big issues on Supreme Court’s agenda

Some of the issues either already on the Supreme Court's docket when it begins its new session or likely to be before the justices...

Wall Street posts solid gains after surge in corporate deals

By ALEX VEIGA and DAMIAN J. TROISE AP Business Writers Wall Street kicked off the week with a broad rally Monday, clawing back much of...

Tarrant County ranks low in work-from-home study by NAR

North Texas ranks pretty high in the “Work from Home” category, according to a just-released study by the National Association of Realtors. But Tarrant...

Commentary: Universities and COVID-19: Charting turbulent times

Ray Perryman As the COVID-19 pandemic emerged this spring, college campuses across the United States swiftly sent students home in droves and switched to...

Elevate Credit Inc. (NYSE: ELVT), a Fort Worth-based tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, announced on Nov. 21 the appointment of Jason Harvison to president and CEO, effective immediately.

Harvison, a 16-year veteran of the company, had served as Interim CEO since last July. Harvison has also been appointed to the Elevate Board of Directors.

Harvison joined Elevate’s predecessor company in 2003.

In 2014, he was named Elevate’s Chief Product Officer and Chief Operating Officer, and has previously served on the company’s Board of Directors. As CEO, Harvison will continue to focus on operational and financial performance, strategic priorities and the oversight of Elevate products, customer acquisition and servicing activities, the company said in a news release.

“I am thrilled to formally take the reins at Elevate and continue to deliver on our mission of providing the 170 million non-prime consumers in both the US and UK with the access to credit they need to gain a foothold in the banking system and build better financial futures,” Harvison said in the news release. “We’ll continue to enable this critical mission by pursuing measured growth, improving our credit quality and delivering shareholder value.”

The company said the selection of Harvison followed a search process by Elevate’s Board of Directors, led by chair Saundra D. Schrock.

“We evaluated external candidates, but since arriving here as one of our first employees, Jason has been an extremely dedicated and productive leader, recently overseeing nine departments and managing the launch and development of our four core products,” said Schrock.

“We’ve been very pleased with Jason’s leadership as interim CEO over the last four months and, given his intimate knowledge of our company and total dedication to its mission, we have great faith in his ability to successfully write Elevate’s next chapter,” she said.

Elevate, together with its bank partners, has originated $7.8 billion in non-prime credit to more than 2.4 million non-prime consumers to date and has saved its customers more than $6.1 billion versus the cost of payday loans, the company said.


– FWBP Staff


Oh hi there 👋
It’s nice to meet you.

Sign up to receive awesome content in your inbox.

We don’t spam! Read our privacy policy for more info.

Latest News

Stocks edge higher on Wall Street on latest vaccine hopes

NEW YORK (AP) — U.S. stocks edged higher in morning trading Monday after investors received several pieces of encouraging news on COVID-19 vaccines and...

Mnuchin denies he’s trying to hinder incoming administration

WASHINGTON (AP) — Treasury Secretary Steven Mnuchin denied that he is attempting to limit the choices President-elect Joe Biden will have to promote an...

E-commerce firm that acquired Pier 1, takes RadioShack assets

Look who is joining former Fort Worth home furnishing retailer Pier 1 Imports at e-commerce-focused business, Retail Ecommerce Ventures (REV): Fellow storied Fort Worth...

Bank of America announces $2.65 million jobs initiative for Texas Black and Hispanic-Latino students

Bank of America announced a new multimillion dollar jobs initiative Nov. 19 to help students of color complete the education and training necessary to...

Huge Puerto Rico radio telescope to close in blow to science

SAN JUAN, Puerto Rico (AP) — The National Science Foundation announced Thursday that it will close the huge telescope at the renowned Arecibo Observatory...