Business
Flywire Announces Changes to Board of Directors
Flywire appoints Diane Offereins, EVP and President, Payment Services at Discover Financial Services to Flywire’s Board of Directors Yvonne Hao and Jo Natauri
About this update from Flywire Corporation - Voting
[{"type":"text","content":"Flywire appoints Diane Offereins, EVP and President, Payment Services at Discover Financial Services to Flywire’s Board of Directors Yvonne Hao and Jo Natauri step down from Flywire’s Board BOSTON, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW) (Flywire), a global payments enablement and software company, today is announcing the appointment of Diane Offereins to its Board of Directors, effective immediately. Ms. Offereins will also serve as a Member of the Compensation Committee of the Board. Flywire also is announcing that Jo Natauri and Yvonne Hao have stepped down from the Board. Ms. Offereins brings an extensive background in Payments, Financial Services and Cybersecurity to Flywire’s Board. She is currently the Executive Vice President and President, Payment Services at Discover Financial Services, where she is responsible for the growth of the Discover Global Network, consisting of three payment networks – Discover Network, Diners Club International and PULSE. Under her leadership, in 2021, Discover’s payments business handled more than $500 billion in transaction volume and generated more than $533 million in pretax income. Additionally, as a member of Discover’s executive committee, she helps to drive the firm’s strategic direction, flagship initiatives, and helps to shape the company’s culture. She has been with Discover since 1998 and has held several positions within the company, including Executive Vice President, Payment Services and Executive Vice President and Chief Information Officer. Prior to Discover, Ms. Offereins held leadership positions at Bank of America and SouthEast Bank. In addition to her leadership position at Discover, Ms. Offereins is on the Board of Directors of Brighthouse Financial, Inc. (Nasdaq: BHF) where she chairs the Compensation and Human Capital Committee and serves on the Finance and Risk and Nominating and Corporate Governance Committees. She is also a board member of the non-profit organization Children’s Home & Aid and a mentor for children in the program. Ms. Offereins was recently named one of the 2022 Most Powerful Women in Finance by American Banker. “Diane is a trailblazer in the Financial Services industry, and her unique experience scaling Discover’s payments ecosystem globally is expected to be an advantage to Flywire’s Board,” said Mike Massaro, Flywire ...