Pagaya CFO Michael Kurlander Steps Down

Pagaya Technologies, Ltd. (NASDAQ: PGY) announced today that Michael Kurlander, who served as Chief Financial Officer, has chosen to step down from his position to pursue opportunities outside the company.

In the interim, Evangelos Perros, the Deputy Chief Financial Officer, has been appointed as the Interim Chief Financial Officer while Pagaya commences a search for a permanent successor. The search will encompass both internal and external candidates and will be overseen by a prominent executive recruitment firm. Kurlander will continue to provide advisory support until the year’s end to ensure a smooth transition.

Reflecting on his time at Pagaya, Kurlander expressed appreciation for the growth and success witnessed during his tenure. He extended his best wishes for Pagaya’s continued success and conveyed confidence in the team’s abilities.

Gal Krubiner, co-founder and CEO of Pagaya, expressed gratitude for Kurlander’s impactful contributions over the past two and a half years, acknowledging his role in steering the company’s growth and establishing a robust financial foundation. Krubiner wished Kurlander success in his future endeavors.

Regarding Perros, who was appointed as the Deputy CFO in September 2023, Krubiner praised his leadership, highlighting Perros’ previous experience in leading finance functions at esteemed financial institutions. Perros’ expertise in M&A, investment banking, financial markets, and operational aspects was acknowledged, particularly his role in fortifying Pagaya’s strategic finance functions. Krubiner expressed confidence in Perros’ capability to steer the company toward achieving strategic and financial objectives while serving as Interim CFO.

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