Oportun Appoints Scott Scheirman to its Board of Directors

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Oportun (Nasdaq: OPRT) appointed Scott Scheirman to its Board of Directors as an independent director, effective August 11, 2026, bringing the Board to eight members. He will chair the Audit & Risk Committee and serve on the Compensation & Leadership Committee.

Scheirman has over 30 years of executive and finance experience, including roles as President and CEO of CPI Card Group, CEO and co-founder of JKL Ventures, and EVP & CFO of The Western Union Company.

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SAN MATEO, Calif., Aug. 13, 2026 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven financial services company, today announced Scott Scheirman has joined its Board of Directors as an independent Director, effective August 11, 2026. He will serve as Chair of the Board’s Audit & Risk Committee and as a member of its Compensation & Leadership Committee. With his appointment, Oportun’s Board now includes eight directors.

Scheirman brings more than three decades of executive leadership and finance experience across financial services, payments, risk management, and capital markets. He most recently served as President and Chief Executive Officer of CPI Card Group Inc. from October 2017 until his retirement in January 2024, after joining its board of directors in 2016. Previously, Scheirman was Chief Executive Officer and co-founder of JKL Ventures LLC, a private investment and strategic advisory firm. He also served as Executive Vice President and Chief Financial Officer of The Western Union Company and held executive leadership and financial roles at First Data Corporation, now Fiserv. Scheirman began his career at Ernst & Young LLP and holds a Bachelor of Science degree in Business Administration with an emphasis in Accounting from the University of Northern Colorado.

“Oportun is committed to thoughtful Board refreshment and maintaining the right mix of experience and perspectives to support effective oversight. Scott brings significant strategic planning and public company leadership experience as a former CEO and CFO, as well as a deep understanding of financial services, and will be a valuable addition to the Board,” said Ginny Lee, Chair of Oportun’s Nominating, Governance & Social Responsibility Committee.

“Scott brings the perspective of an experienced operator and a practical understanding of how strong financial businesses create value over time,” said Doug Bland, Chief Executive Officer of Oportun. “His perspective will be especially valuable as we continue to enhance our strategy, strengthen execution and build sustainable, profitable growth."

About Oportun 

Oportun (Nasdaq: OPRT) is a mission-driven financial services company that puts its members' financial goals within reach. With intelligent borrowing, savings, and budgeting capabilities, Oportun empowers members with the confidence to build a better financial future. Since inception, Oportun has provided more than $22.7 billion in responsible and affordable credit, saved its members more than $2.5 billion in interest and fees, and helped its members set aside an average of more than $1,800 annually. For more information, visit oportun.com.

Investor Contact
Dorian Hare
(650) 590-4323
ir@oportun.com

Media Contact
Michael Azzano
Cosmo PR for Oportun
michael@cosmo-pr.com
(415) 596-1978 

FAQ

Who was appointed to the Oportun (NASDAQ: OPRT) Board of Directors in August 2026?

Oportun appointed Scott Scheirman as an independent director, effective August 11, 2026. According to Oportun, he brings more than three decades of experience in financial services, payments, risk management, and capital markets to support the company’s board oversight.

What board roles will Scott Scheirman hold at Oportun (OPRT)?

Scott Scheirman will serve as Chair of the Audit & Risk Committee and as a member of the Compensation & Leadership Committee. According to Oportun, these roles leverage his background in finance, risk management, and public company leadership.

How does Scott Scheirman’s appointment change the size of Oportun’s Board?

With Scott Scheirman’s appointment, Oportun’s Board now includes eight directors. According to Oportun, adding Scheirman reflects the company’s focus on thoughtful board refreshment and maintaining a mix of experience to support effective oversight and long-term value creation.

What is Scott Scheirman’s professional background before joining Oportun’s Board (OPRT)?

Before joining Oportun’s Board, Scott Scheirman was President and CEO of CPI Card Group until January 2024. According to Oportun, he previously co-founded JKL Ventures and served as EVP & CFO of The Western Union Company, with earlier roles at First Data and Ernst & Young.

Why does Oportun highlight Scott Scheirman’s experience as important for OPRT shareholders?

Oportun highlights Scheirman’s strategic planning, CEO and CFO experience, and deep financial services knowledge as important for governance. According to Oportun, his operator perspective should support enhancing strategy, strengthening execution, and pursuing sustainable, profitable growth for the business over time.

What committees on Oportun’s Board (NASDAQ: OPRT) will benefit from Scott Scheirman’s expertise?

The Audit & Risk Committee and the Compensation & Leadership Committee will directly benefit from Scheirman’s expertise. According to Oportun, his finance, risk management, and leadership background aligns closely with these committees’ responsibilities in oversight and capital allocation.