Pathward Financial Appoints Greg Sigrist as EVP and CFO Designee

Pathward Financial, Inc. (NASDAQ:CASH) has announced the appointment of Greg Sigrist as the executive vice president (EVP) and chief financial officer (CFO) designee, effective November 1, 2023. Sigrist will assume the role of EVP, CFO after the filing of the company’s Form 10-K for fiscal year 2023, succeeding Glen Herrick, who will continue to support the transition until his retirement on December 31, 2023.

Sigrist brings over 20 years of banking experience to Pathward, having held multiple public company CFO roles. His extensive background in strategy development, execution, and generating long-term shareholder value will be instrumental in driving the company’s three strategic initiatives: optimizing the interest-earning portfolio, optimizing the deposit mix, and driving operating leverage.

Brett Pharr, CEO of Pathward Financial, Inc., expressed his confidence in Sigrist’s abilities and welcomed him to the team. Pharr also extended his gratitude to Glen Herrick for his invaluable contributions to the company over the past decade. Under Herrick’s leadership, Pathward Financial experienced significant growth, with net income increasing from $13 million in fiscal 2013 to $156 million in fiscal year 2022. Herrick played a pivotal role in the company’s evolution from a community bank to a diversified, entrepreneurial-driven bank, including overseeing acquisitions, the disposition of the community bank, and the rebranding.

Prior to joining Pathward Financial, Sigrist served as EVP and CFO of Metropolitan Bank Holding Corp. and Metropolitan Commercial Bank for three years. He also held the position of EVP and CFO at Columbia Banking System, Inc. and served as CFO of Morgan Stanley Bank, N.A. during his 12-year tenure at Morgan Stanley. Sigrist’s career also includes financial roles at Citigroup and senior auditing positions at Ernst & Young and McGladrey & Pullen.

Pathward Financial, Inc. is a U.S.-based financial holding company focused on powering financial inclusion. Through its subsidiary, Pathward®, N.A., the company aims to increase financial availability, choice, and opportunity across its Banking as a Service and Commercial Finance business lines.

For more information about Pathward Financial, Inc., please visit www.pathwardfinancial.com.