Modern card issuing business Marqeta will be looking for a new CEO as its current leader steps down.
In Brief:
Founder and CEO Jason Gardner is moving to the role of Executive Chairman.
He has led the company since its foundation in 2010.
Marqeta currently operates in the US where it was founded but is growing significantly in the European market too.
What does this mean?
The CEO says that he has taken the company from “zero to one” and wants to now find someone who can take it from “one to infinity”. He will focus on three key areas in his role as Executive Chairman: people, products and customers. The search for a new CEO is ongoing.