Marqeta, Inc. announced the appointment of Mike Milotich as Chief Executive Officer and Director.
Mike Milotich has been with Marqeta since February 2025, serving as Interim CEO and CFO.
The Board highlighted Milotich's role in driving profitability, growth, and operational improvements.
Appointment of Mike Milotich
Mike Milotich appointed as CEO and Director, effective immediately.
Strategic Progress
Significant progress in advancing strategic initiatives and focus on execution.
Board Endorsement
Board determined Mike Milotich as the right CEO for Marqeta after a thorough search.
Future CFO Search
Board to commence search for new CFO, while Mike Milotich continues as CFO until successor is found.
Mike Milotich's Background
Milotich's experience includes roles at Visa, PayPal, and American Express in finance and analysis.
- Mike Milotich's appointment as CEO indicates continuity and strategic leadership at Marqeta.
- Board's confidence in Mike's abilities to drive growth and value for shareholders.
- Continued focus on operational efficiency and customer-centric growth strategies.
With Mike Milotich appointed as the CEO, Marqeta is poised for continued growth and strategic execution. The company's focus on building embedded financial solutions remains strong, setting the stage for further market expansion and value creation.