I’m very pleased to tell you that Jay Shah has been promoted to CEO of our company. It’s a great move for our firm and will yield solid benefits for our customers.
First, let me tell you about Jay. He was most recently our chief operating officer, where he led both our engineering and advisory teams. Our mission is: “Better financial lives through technology and people,” so Jay has been the person who brings the technology and people together. His new role will mean even greater innovation in the services we offer to users and clients.
I will continue as the company’s full-time chairman. And I’ll do what I love – working on strategies to make your experience with the firm the best in the world.
The company has doubled assets under management in the past year and is performing above plan and at record levels. Jay has driven some of the company’s most important growth initiatives and is the ideal person to power our future growth.
Bill Harris is the founder and chairman of Personal Capital. He has spent 25 years building financial technology, notably serving as CEO of Intuit and PayPal. He is the founder of several financial technology companies and has served on the boards of numerous technology firms, such as SuccessFactors, RSA Security, Macromedia, and Answers.com.
Disclaimer. This communication and all data are for informational purposes only and do not
constitute a recommendation to buy or sell securities. You should not rely
on this information as the primary basis of your investment, financial, or tax planning decisions. You
should consult your legal or tax professional regarding your specific situation. Third party data is obtained
from sources believed to be reliable. However, PCAC cannot guarantee that data's currency, accuracy, timeliness,
completeness or fitness for any particular purpose. Certain sections of this commentary may contain forward-looking
statements that are based on our reasonable expectations, estimate, projections and assumptions. Forward-looking
statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult
to predict. Past performance is not a guarantee of future return, nor is it necessarily indicative of future performance. Keep in
mind investing involves risk. The value of your investment will fluctuate over time and you may gain or lose money.