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Metromile, the company that is pinning its future on pay per mile insurance, has hired Carrie Dolan as Chief Financial Officer.
Dolan most recently served as CFO of Lending Club, which she helped grow into the world’s largest online credit marketplace connecting borrowers and investors. Over her six-year tenure, annual revenue increased more than 7,000% and in 2014, she managed the company’s IPO, one of the top 10 US-based Internet public offerings of all time. Prior to Lending Club, Dolan spent 10 years at Charles Schwab & Co, where she was Senior Vice
President and Treasurer, as well as CFO, Schwab Bank, which she helped launch in 2003.
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“Over her storied career, Carrie has been an exemplary financial steward of leading brands, earning the respect of her colleagues and peers along the way,” said Dan Preston, CEO at Metromile. “We’re thrilled to have an executive of Carrie’s caliber join our team. We’re eager to bring to bear her deep knowledge of financial services, capital markets and scaling fast-growing organizations as we accelerate the growth of Metromile.”
In addition to her professional successes, Dolan has received several industry accolades. She’s been named one of the Most Powerful Woman in Finance by American Banker, featured in The San Francisco Business Times Forever Influential List, and recognized as the Financial Woman of the Year by The Financial Women of San Francisco for her commitment to her profession, service to community and support for the advancement of women.
“Metromile’s pay-per-mile insurance model is a disruptive breakthrough in the insurance industry,” said Carrie Dolan, CFO, Metromile. “This is a fantastic team and I am very excited about the opportunity to work together in revolutionizing the insurance industry and leading Metromile’s next phase of growth.”
Early in her career, Dolan held various financial positions at Chevron where she launched the Chevron Credit Bank, which offered proprietary credit cards. She holds both a bachelor’s degree in finance and an MBA from UC Berkeley Haas School of Business.
In addition to Dolan’s appointment, Metromile also announced four recent promotions: James Moorhead to Chief Operating Officer, Sean Griswold to Chief Customer Officer, Katy Allen to VP of Business Development and Jason Foucher to VP of Insurance Product.
Metromile’s pay-per-mile insurance is currently available in seven states, including Calif., Ill., N.J., Ore., Pa., Va., and Wash., and the company is focused on offering pay-per-mile insurance nationwide.
