Dave Inc. Appoints Nima Khajehnouri to Board of Directors; Announces Board Leadership Transitions

Core Insights - Dave Inc. has appointed Nima Khajehnouri to its Board of Directors, effective immediately, to enhance its technical leadership and innovation capabilities [1][2] - The company is undergoing leadership transitions within its Board, with Mike Pope becoming Lead Independent Director and Andrea Mitchell appointed as Chair of the Nominating and Corporate Governance Committee [3] Company Developments - Nima Khajehnouri brings over 20 years of engineering leadership experience from major tech companies, including Meta, Google, and Snap, which aligns with Dave's focus on deploying disruptive technologies [2][4] - The leadership changes reflect a strategic approach to evolving the Board in line with the company's growth and development [4] Leadership Statements - The CEO of Dave expressed enthusiasm about Khajehnouri's expertise in AI and data-driven innovation, highlighting the importance of his contributions to the company's mission [4] - Khajehnouri expressed excitement about joining the Board and contributing to Dave's goal of providing innovative banking services [4] Background Information - Nima Khajehnouri has held significant engineering roles, including Vice President of Engineering at Meta since May 2025, and has a strong academic background in Electrical Engineering and Computer Science [5] - Dave is recognized as a leading neobank and fintech pioneer, serving millions of Americans with cost-effective banking services [6]