Mortgage Daily

Published On: January 23, 2018

Marketplace lender SoFi, which includes mortgages among its consumer credit offerings, has hired the chief operating officer of Twitter as its chief executive officer.

After earning an MBA from the Wharton School at the University of Pennsylvania in 1999, Anthony Noto
left Lehman Brothers to join Goldman Sachs as managing director.

He was named partner of Goldman Sachs in 2004, where he remained until 2008. Noto then went on to become chief financial officer of the National Football League for nearly three years.

He returned to New York-based Goldman Sachs in October 2010.

In 2014, Noto joined Twitter as CFO, and was promoted to COO in November 2016.

On Tuesday, San Francisco-based SoFi announced that Noto has joined the company as CEO. He has also joined the board of directors.

Noto takes the reins on March 1 from interim CEO Tom Hutton, who will stay on as chairman of the board.

“We are simply thrilled to have found someone of Anthony’s expertise and knowledge to lead SoFi,” Hutton said in today’s news release. “The SoFi board unanimously agrees that Anthony’s deep understanding of technology, consumer, and financial businesses make him the perfect fit to be SoFi’s CEO. We could not be more excited to have someone of his caliber on board.”

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