Moven Announces Executive Level Changes
Moven aligns management team as focus continues on the Enterprise level business
Moven, the New York-based financial technology innovator has announced executive management changes, as the company continues its strategic shift to focus solely on promoting their technology to Enterprise level partners in both the United States and globally. Over the past 6 months, the company has made significant changes to orient its efforts on the b2b Enterprise line of business. Earlier this year, Moven announced the discontinuation of its long-standing direct to consumer program and now has taken further steps internally to align its executive team around this same approach.
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Marek Forysiak, Moven CEO for the past 2 years, will be stepping down and transitioning the day to day responsibilities to Kesh Talwar, previous head of Moven Global Enterprise. During Forysiak’s tenure, he successfully navigated the company through some difficult periods and was instrumental in providing tactical leadership to the company. This change will allow Kesh Talwar, together with Brett King, Moven Founder and Executive Chairman, to focus company resources on scaling the Enterprise business, which now for the first time includes the US market. Marek Forysiak will remain an advisor to the company and the board during the transition period and contribute to both Moven’s long-term strategy and raising new capital.
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“Having worked with Marek for the past few years, and building out the Enterprise business under his guidance, we do plan on continuing with our existing global strategy to ally with banks, fintechs and other financial industry partners,” said Kesh Talwar, incoming Moven CEO.
“Marek guided us through some challenging times and did so with experience and finesse, and we’re delighted he will stay on as an advisor to the board as we transition to new leadership”, said Brett King, Founder and Executive Chairman.
Members of Moven’s executive team also include Richard Radice, CFO; Eric Schmidt, CTO and Davor Ebling, CIO.