Upstart Appoints Former Santander US CEO Tim Wennes to Its Board of Directors
“Tim brings decades of experience in every flavor of consumer lending, most notably auto,” said Paul Gu, CEO of Upstart. “His background is a perfect match for Upstart as we scale towards our ambition of having the best credit product for every segment of American consumers."
Wennes brings over 35 years of financial services experience to Upstart. He most recently served as President and CEO of Santander Holdings
“Upstart is at the forefront of a fundamental shift in how credit is delivered,” said Wennes. “Having spent my career at the intersection of banking and innovation, I am honored to join the Board at a time when AI is becoming essential to the future of financial services. I look forward to helping the team deliver better outcomes for both borrowers and institutional partners.”
In conjunction with this appointment, Jeff Huber will be stepping down from the Board on May 28, 2026 after five years of service.
“We want to thank Jeff Huber for his incredible service and guidance during a pivotal era of growth for Upstart,” said Gu. “His contributions have helped set the stage for the next chapter of our mission.”
About Upstart
Upstart (NASDAQ: UPST) is the leading AI lending marketplace, connecting millions of consumers to more than 100 banks and credit unions that leverage Upstart’s AI models and cloud applications to deliver superior credit products. With Upstart AI, lenders can approve more borrowers at lower rates while delivering the exceptional digital-first experience customers demand. More than
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Source: Upstart