Kevin Watters (pictured), a former executive of JPMorgan Chase, has joined FormFree‘s board of directors.
Watters served in various senior executive positions during his 18-year tenure at the bank, including five years as president of JPMorgan’s internet group and five years as CEO of its business banking division. He also served as CEO of mortgage banking, where he played a key role in restoring profitability to the division after the financial crisis. In his final year at the company, Watters was appointed CEO of Chase card services, including Chase’s consumer, small business, and commercial lines of business.
The industry pioneer retired from JPMorgan Chase in 2017 and later took on a teaching job at Tulane University in 2019. Last year, Watters joined Lightyear Capital, a New York-based private equity firm focused on financial services, as senior advisor to Fund V, which focuses on digitalization in the financial sector and payments technologies.
“Kevin’s deep knowledge of the payments, lending and banking sectors will be a boon to FormFree as we create cutting-edge solutions that promote consumer accessibility to financial services without increasing lender risk,” said FormFree founder and CEO Brent Chandler. “We are proud to count Kevin as an advisor and welcome him to our board.”
“FormFree’s vision for putting consumers in control of their Financial DNA, evangelized by founder Brent Chandler and brought to life by a dedicated team of innovators, is compelling and timely. I am very pleased to help shape FormFree’s trajectory as a member of its board of directors,” Watters said. “My experience helping financial services businesses scale will be valuable to FormFree as it continues bringing to market innovative technologies that foster a more inclusive financial sector.”