Latest news with #EricYoung
Finextra
5 days ago
- Business
- Finextra
Nubank appoins Eric Young as CTO
Nubank, one of the largest digital financial services platforms in the world, announced that Eric Young has been appointed Chief Technology Officer (CTO). 0 He assumes this key position as Vitor Olivier, the outgoing CTO, departs after more than ten years of service to pursue a new entrepreneurial endeavor. Both executives are coordinating a robust transition plan to ensure continued acceleration of Nubank's technology platform and business goals. Eric Young brings more than two decades of leadership across some of the world's most innovative technology companies. Most recently, he served as Senior Vice President of Engineering at Snap Inc., where he led teams responsible for scaling infrastructure and delivering seamless, mobile-first experiences to hundreds of millions of users globally. Prior to that, he served as Vice President of Engineering at Google for seven years, overseeing foundational elements of their technical infrastructure, which ultimately powered their Search, Ads, YouTube and Google Cloud products. Young also spent 15 years at Amazon scaling enterprise systems and processes as part of senior roles he held across supply chain, fulfillment, personalization and pricing. Young will report directly to David Vélez, founder and CEO of Nubank, focusing on maintaining operational excellence, driving international expansion through platformization, and advancing critical AI technologies to accelerate growth. He will work closely with Olivier in the coming weeks to secure a seamless transition. 'We welcome Eric Young to my management team at a pivotal moment in the company, as we enter a new stage of maturity, renew our focus and ambitions, and look towards effectively harnessing new technologies into the core of our products and services. Eric brings experience in global technology platforms serving hundreds of millions of customers. We are incredibly grateful for Vitor's accomplishments and brilliant trajectory, and he will always be part of our history and culture,' said David Vélez. 'Nu is uniquely positioned to revolutionize financial services at a global level, and technology has been and will continue to be the key differentiator and engine in this business model, powering the best products and services, at the lowest cost in a fully digital model. I look forward to diving deeper into our teams and platforms to continue evolving the company's stack as Nu advances its goals in Brazil, Mexico, Colombia, and beyond,' said Eric Young. Vitor Olivier, Nubank's outgoing CTO and one of the company's earliest employees, will be stepping down in September after holding a number of executive positions. 'After over a decade of building Nubank, transitioning to a new career is both difficult and exciting. I'm certain that it is the right move for myself and the company. My bond and appreciation for Nu and my colleagues will endure, and I am grateful for David Vélez's mentorship and trust through all these years, and especially his support in the recent months as we planned my transition,' said Olivier.
Yahoo
7 days ago
- Business
- Yahoo
Nubank Appoints Eric Young as Chief Technology Officer
Vitor Olivier will step down from the role in September after months-long transition to start own venture SíO PAULO, August 12, 2025--(BUSINESS WIRE)--Nubank, one of the largest digital financial services platforms in the world, announced today that Eric Young has been appointed Chief Technology Officer (CTO). He assumes this key position as Vitor Olivier, the outgoing CTO, departs after more than ten years of service to pursue a new entrepreneurial endeavor. Both executives are coordinating a robust transition plan to ensure continued acceleration of Nubank's technology platform and business goals. Eric Young brings more than two decades of leadership across some of the world's most innovative technology companies. Most recently, he served as Senior Vice President of Engineering at Snap Inc., where he led teams responsible for scaling infrastructure and delivering seamless, mobile-first experiences to hundreds of millions of users globally. Prior to that, he served as Vice President of Engineering at Google for seven years, overseeing foundational elements of their technical infrastructure, which ultimately powered their Search, Ads, YouTube and Google Cloud products. Young also spent 15 years at Amazon scaling enterprise systems and processes as part of senior roles he held across supply chain, fulfillment, personalization and pricing. Young will report directly to David Vélez, founder and CEO of Nubank, focusing on maintaining operational excellence, driving international expansion through platformization, and advancing critical AI technologies to accelerate growth. He will work closely with Olivier in the coming weeks to secure a seamless transition. "We welcome Eric Young to my management team at a pivotal moment in the company, as we enter a new stage of maturity, renew our focus and ambitions, and look towards effectively harnessing new technologies into the core of our products and services. Eric brings experience in global technology platforms serving hundreds of millions of customers. We are incredibly grateful for Vitor's accomplishments and brilliant trajectory, and he will always be part of our history and culture," said Vélez. "Nu is uniquely positioned to revolutionize financial services at a global level, and technology has been and will continue to be the key differentiator and engine in this business model, powering the best products and services, at the lowest cost in a fully digital model. I look forward to diving deeper into our teams and platforms to continue evolving the company's stack as Nu advances its goals in Brazil, Mexico, Colombia, and beyond," said Young. Vitor Olivier, Nubank's outgoing CTO and one of the company's earliest employees, will be stepping down in September after holding a number of executive positions. "After over a decade of building Nubank, transitioning to a new career is both difficult and exciting. I'm certain that it is the right move for myself and the company. My bond and appreciation for Nu and my colleagues will endure, and I am grateful for David Vélez's mentorship and trust through all these years, and especially his support in the recent months as we planned my transition," said Olivier. About Nu Nu is one of the largest digital financial services platforms in the world, serving over 118 million customers across Brazil, Mexico, and Colombia. The company has been leading an industry transformation by leveraging data and proprietary technology to develop innovative products and services. Guided by its mission to fight complexity and empower people, Nu caters to customers' complete financial journey, promoting financial access and advancement with responsible lending and transparency. The company is powered by an efficient and scalable business model that combines low cost to serve with growing returns. Nu's impact has been recognized in multiple awards, including Time 100 Most Influential Companies, Fast Company's Most Innovative Companies, and Forbes World's Best Banks. View source version on Contacts Media Relations press@
Business Wire
7 days ago
- Business
- Business Wire
Nubank Appoints Eric Young as Chief Technology Officer
SíO PAULO--(BUSINESS WIRE)--Nubank, one of the largest digital financial services platforms in the world, announced today that Eric Young has been appointed Chief Technology Officer (CTO). He assumes this key position as Vitor Olivier, the outgoing CTO, departs after more than ten years of service to pursue a new entrepreneurial endeavor. Both executives are coordinating a robust transition plan to ensure continued acceleration of Nubank's technology platform and business goals. Eric Young brings more than two decades of leadership across some of the world's most innovative technology companies. Most recently, he served as Senior Vice President of Engineering at Snap Inc., where he led teams responsible for scaling infrastructure and delivering seamless, mobile-first experiences to hundreds of millions of users globally. Prior to that, he served as Vice President of Engineering at Google for seven years, overseeing foundational elements of their technical infrastructure, which ultimately powered their Search, Ads, YouTube and Google Cloud products. Young also spent 15 years at Amazon scaling enterprise systems and processes as part of senior roles he held across supply chain, fulfillment, personalization and pricing. Young will report directly to David Vélez, founder and CEO of Nubank, focusing on maintaining operational excellence, driving international expansion through platformization, and advancing critical AI technologies to accelerate growth. He will work closely with Olivier in the coming weeks to secure a seamless transition. 'We welcome Eric Young to my management team at a pivotal moment in the company, as we enter a new stage of maturity, renew our focus and ambitions, and look towards effectively harnessing new technologies into the core of our products and services. Eric brings experience in global technology platforms serving hundreds of millions of customers. We are incredibly grateful for Vitor's accomplishments and brilliant trajectory, and he will always be part of our history and culture," said Vélez. 'Nu is uniquely positioned to revolutionize financial services at a global level, and technology has been and will continue to be the key differentiator and engine in this business model, powering the best products and services, at the lowest cost in a fully digital model. I look forward to diving deeper into our teams and platforms to continue evolving the company's stack as Nu advances its goals in Brazil, Mexico, Colombia, and beyond,' said Young. Vitor Olivier, Nubank's outgoing CTO and one of the company's earliest employees, will be stepping down in September after holding a number of executive positions. 'After over a decade of building Nubank, transitioning to a new career is both difficult and exciting. I'm certain that it is the right move for myself and the company. My bond and appreciation for Nu and my colleagues will endure, and I am grateful for David Vélez's mentorship and trust through all these years, and especially his support in the recent months as we planned my transition," said Olivier. About Nu Nu is one of the largest digital financial services platforms in the world, serving over 118 million customers across Brazil, Mexico, and Colombia. The company has been leading an industry transformation by leveraging data and proprietary technology to develop innovative products and services. Guided by its mission to fight complexity and empower people, Nu caters to customers' complete financial journey, promoting financial access and advancement with responsible lending and transparency. The company is powered by an efficient and scalable business model that combines low cost to serve with growing returns. Nu's impact has been recognized in multiple awards, including Time 100 Most Influential Companies, Fast Company's Most Innovative Companies, and Forbes World's Best Banks.
Yahoo
03-06-2025
- Business
- Yahoo
Public hearing set for today on amended solar ordinance in Tazewell County
tazewell, va. — A public hearing has been scheduled for today on an amended ordinance pertaining to a large-scale solar energy project for Tazewell County. The public hearing stems from a proposed solar energy project in the Southern District of Tazewell County. Today's public hearing is scheduled for 6:45 p.m. before the county Board of Supervisors and will be held at the Tazewell County Administration Building located at 197 Main St., Tazewell. The supervisors passed an ordinance last year pertaining to solar energy facilities in the county. That ordinance requires that potential large-scale solar energy facility operators provide to the board and the Tazewell County Planning Commission a list of 21 specific documents prior to approval of any large-scale solar energy facility. The amended ordinance also requires Material Safety Data Sheets and Product Safety Data Sheets concerning any potential exposure to hazardous chemicals, according to a legal advertisement that appeared in the May 30 edition of the Daily Telegraph. Tazewell County Administrator Eric Young said the amended solar energy facilities ordinance was initiated by the county's planning commission. 'What this would do would simply require the company that was installing the solar panels to provide a data sheet containing the component and chemical composition of the components,' Young said. Young said the amended ordinance is in response to potential environmental concerns associated with the proposed project. The solar energy project is planned at a site not far from the Cavitt's Creek Recreation Area, which is also near the municipal limits of the town of Tazewell. The solar energy project is still in the planning stages and the developer has not yet applied for a building permit, according to Young. As currently proposed, the project would generate almost a quarter of a million dollars a year in annual tax revenue for Tazewell County. At least one full-time job would also be created to oversee and make sure the solar panels are functioning correctly. 'It's actually two separate projects that will be done in stages over the years,' Young said. 'The tax revenue would be about $240,000 a year for us, which would be significant.' Contact Charles Owens at cowens@
Yahoo
30-05-2025
- General
- Yahoo
Tazewell County looks for clarification after reportedly being wrongfully included on 'sanctuary jurisdictions' list
TAZEWELL COUNTY, VA (WVNS) — Officials in Tazewell County reportedly stated that the County was incorrectly listed on a federal 'sanctuary jurisdictions' list. According to a press release on Friday, May 30, 2025, officials in Tazewell County found that the County was wrongly added on a list of reported 'sanctuary jurisdictions' under Executive Order 14287. The press release stated that the listing is allegedly incorrect and does not show how the County deals with immigration enforcement or public safety. We're unsure why Tazewell County appeared on this list. We are in the process of contacting the appropriate federal offices to request clarification and are asking that this be corrected without delay Eric Young | County Administrator According to the press release, Tazewell County reportedly never had a policy that prevented or limited cooperation with federal immigration authorities, and that the County works with federal partners and follows state and federal laws to help with the safety of the community. The press release stated that officials in Tazewell County are working to talk with the Department of Homeland Security and figure out the situation, as well as to make sure that information in the future shows correct information about practices and policies in the County. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
