GreenSky Announces CEO Transition

Tim Kaliban to retire, Ritesh Gupta to be appointed new CEO

GreenSky announced today that Tim Kaliban will retire as Chief Executive Officer effective July 1, 2025. His successor will be the current President and Chief Operating Officer, Ritesh Gupta. Mr. Gupta will assume the position of CEO on July 1, upon Mr. Kaliban’s retirement. To support the smooth transition, Mr. Kaliban will remain as an advisor to GreenSky.

“It has been the most gratifying experience of my career to be part of the GreenSky team and to have contributed to the exceptional results the team has delivered. We have made significant strides in the home improvement financing arena for a growing ecosystem of merchants and consumers. I am very pleased that GreenSky’s leadership will be steady and consistent as Ritesh transitions his role to CEO. I could not have more confidence in him and his abilities to lead the management team and our enterprise,” said Tim Kaliban.

“I have been incredibly fortunate to have worked very closely with Tim during my seven years at GreenSky – he has always been a great source of support to the leadership team and me. I wish Tim the very best on his well-earned retirement. As we look ahead, I am excited to build upon the strong position GreenSky is in and help us achieve greater success through the next chapter of the company,” said incoming CEO, Ritesh Gupta.

Ritesh brings more than twenty years of financial services industry expertise with leadership roles in operations, technology, growth and business transformation. He holds a Bachelor of Technology in Engineering from I.I.T Kanpur, India and an MBA from I.I.M. Ahmedabad, India.

About GreenSky

GreenSky, LLC, headquartered in Atlanta, is a leading technology company Powering Commerce at the Point of Sale® for a growing ecosystem of merchants, consumers, and banks. GreenSky’s highly scalable, proprietary and patented technology platform enables merchants to offer frictionless promotional payment options to consumers, driving increased sales volume and accelerated cash flow. The GreenSky® Program is operated on behalf of, and financing is offered and made by, federally insured, federal or state chartered financial institutions, which leverage GreenSky’s technology to offer and make loans to primarily super-prime and prime consumers nationwide. Since GreenSky’s inception, nearly 6 million consumers have financed more than $50 billion of commerce using GreenSky’s real time “apply and buy” technology.

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