Los Angeles Times

Prepaid debit card pioneer Steve Streit out as CEO of Green Dot

LOS ANGELES - Consumer finance pioneer Steve Streit, a former disk jockey who put prepaid debit cards in the wallets of millions of Americans, is retiring as chief executive of Green Dot, which has seen its stock plummet this year amid an onslaught of competition from a new generation of financial technology companies.

Streit, 57, will also retire from the board of the Pasadena firm's holding company and as chairman of Green Dot Bank effective Dec. 31. He will transition

You’re reading a preview, subscribe to read more.

More from Los Angeles Times

Los Angeles Times7 min read
Indie Creatures To The Core, David And Nathan Zellner Cut Their Own Path Through The Wild
A family makes their way through a woodland forest, eventually stopping to set up camp. They have something to eat, go to sleep and then get up to do it all over again. Except this isn't a family on a wilderness getaway. It's a group of shaggy, mythi
Los Angeles Times7 min read
In Ukraine's Old Imperial City, Pastel Palaces Are In Jeopardy, But Black Humor Survives
ODESA, Ukraine — On a cool spring morning, as water-washed light bathed pastel palaces in the old imperial city of Odesa, the thunder of yet another Russian missile strike filled the air. That March 6 blast came within a few hundred yards of a convoy
Los Angeles Times2 min read
Kendrick Lamar Responds To Drake In New Diss Track 'Euphoria'
LOS ANGELES — Kendrick Lamar is having his say. Again. A week and a half after Drake dropped two songs in which he insulted the Compton-born rapper — diss tracks Drake released after Lamar attacked him last month in the song "Like That" — Lamar retur

Related Books & Audiobooks