Bread Financial Holdings, Inc. Appoints Joyce St. Clair as Independent Director, Member of the Board's Compensation Human Capital Committee and Risk Committee
August 24, 2023 at 05:24 am EDT
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Bread Financial Holdings, Inc. announced that Joyce St. Clair, a veteran financial services senior executive, has joined the Company's board as an independent director, effective July 10, 2023. In connection with her appointment, Ms. St. Clair will also serve as a member of the board's compensation human capital committee and risk committee. In 2022, Ms. St. Clair retired from Northern Trust Corporation after a successful 30-year tenure with the firm. Most recently, Ms. St. Clair served as executive vice president and chief human resources officer of Northern Trust from 2018 until her retirement, overseeing the firm's global human resources operations and leading efforts relating to DEI, executive compensation, succession planning and other key priorities. Before that, Ms. St. Clair served in various executive roles at Northern Trust, both in the U.S. and abroad, including as executive vice president and chief capital management officer from 2015 to 2018, as president of enterprise operations from 2014 to 2015, as president of operations technology from 2011 to 2014, and as chief risk officer from 2007 to 2011. Prior to joining Northern Trust, Ms. St. Clair served as an associate partner for Accenture. In 2016, she was appointed by President Obama to serve as a member of the advisory committee of the Pension Benefit Guaranty Corporation (PBGC), a position she held until her term expired in 2019.
Ms. St. Clair holds a Bachelor's degree from Indiana University, Kelley School of Business, and an MBA from the Booth School of Business at the University of Chicago. Following Ms. St. Clair's appointment, Bread Financial's board now consists of eight directors.
Bread Financial Holdings, Inc. is a tech-forward financial services company. The Company is engaged in providing simple, personalized payment, lending, and saving solutions. The Company through its data insights and white-label technology, it delivers a comprehensive product suite, including private label and co-brand credit cards and buy now, pay later products (split-pay). It also offers direct-to-consumer solutions that give customers more access, and freedom through its branded Bread Cashback American Express Credit Card and Bread Savings products. The Company offers both direct-to-consumer retail deposit products as well as deposits sourced through contractual arrangements with various financial counterparties (often referred to as wholesale deposits). Its products are supported by various services and capabilities, including risk management, account origination and funding services; loan processing and servicing; marketing and data and analytics; and its Enhanced Digital Suite.
Bread Financial Holdings, Inc. Appoints Joyce St. Clair as Independent Director, Member of the Board's Compensation Human Capital Committee and Risk Committee