Mary is an experienced executive and public company Board member who has spent more than 30 years in the financial services and technology sectors, working with companies ranging in size from early stage startups to large, publicly traded global enterprises.
From August 2013 to May 2019, Mary worked for Green Dot Corp., a publicly traded financial services company. Mary initially served on Green Dot’s Board of Directors and, later, as CEO of its subsidiary bank.
Green Dot provides a variety of payment processing, wage disbursement, tax refund processing, and other financial services to consumers and businesses. Green Dot is the technology and banking partner for Apple’s Apple Pay Cash peer-to-peer payments offering, Uber’s GoBank driver checking account, Stash’s innovative Stash Debit bank account, and Walmart’s MoneyCard and award-winning Prize Savings product. During Mary’s tenure, Green Dot Corp. quadrupled its share price, grew annual revenues to over $1 billion, and increased its market cap to over $4 billion, while the bank more than doubled its revenues and return on equity.
Before Green Dot, Mary was an executive with Silicon Valley Bank/SVB Financial Group, a publicly traded financial services company and the leader in financing high growth companies in the technology and life sciences sectors. Previously, Mary served as an executive with New Skies Satellites, a Netherlands-based operator of a global satellite communications system, and Insikt, an early stage technology startup creating a white label “lending as a service” platform. Mary was on the executive team that took New Skies public and, later, part of the team that took the company private in a leveraged buyout. In addition to Mary’s corporate experience, she served as counsel on Senator Kennedy’s Labor and Judiciary Committees and as an attorney advising telecommunications companies.
As a Green Dot Director, Mary served on the Audit and Nominating & Governance Committees and as Audit Committee Chair. Mary played a central role in Green Dot’s successful handling of a contentious proxy contest, both externally by serving as the Board’s representative in all meetings with institutional shareholders and internally by helping the Board manage a significant change in membership (with three members departing and five members joining). Mary qualifies as an audit committee financial expert.
Mary has led companies during virtually all stages and types of growth, including early stage financings, initial public offerings, go-private transactions, joint ventures, foreign subsidiary creation and governance, M&A, and the wind-down of a business unit. She has held a variety of roles including CEO, General Counsel, COO, and Vice President, Public Policy and has been responsible for business functions including enterprise risk management, legal, compliance, R&D, tax, and internal audit.
Mary has extensive global experience. While at SVB, Mary played an integral role in forming a joint venture bank in China and spent one year as COO of SVB Global, with primary responsibility for the company’s operations in the U.K. and Israel. Mary lived and worked in the Netherlands for seven years, including while serving as an executive at New Skies. New Skies served customers in 78 countries, with operations in North and South America, Europe, Africa, India, the Middle East, Asia, and Australia, and was dual listed on the Euronext and New York stock exchanges.
Mary is deeply experienced in navigating the unique challenges facing companies in regulated industries, including financial services and telecommunications.
Mary’s business knowledge and leadership skills have been recognized on a variety of occasions, including as one of the Most Influential Women in Payments (Payments Source – 2018), a Silicon Valley Woman of Influence (Silicon Valley Business Journal – 2012), and as one of the 40 Most Powerful Businesswomen in the Netherlands (de Volkskrant – 2002).