Chad Borton was the Executive Vice President and Group Business Unit Leader at SoFi Technologies, Inc., where he also served as President of SoFi Bank. He played a key role in guiding the company through significant growth phases and taking...
Chad Borton was the Executive Vice President and Group Business Unit Leader at SoFi Technologies, Inc., where he also served as President of SoFi Bank. He played a key role in guiding the company through significant growth phases and taking calculated risks that shaped its financial services. In 2023, Chad made headlines for his impressive compensation package, totaling over $1.8 million, which included a $600,000 cash bonus, showcasing his performance-driven leadership. He was known for his strategic vision in banking, leading SoFi through a major achievement: obtaining its national bank charter in early 2022. His stock involvement reached its peak in November 2022, when the value amounted to a striking $12.77 million, reflecting increased confidence in his leadership and decisions. Borton decided to resign from his role in 2024 to pursue other opportunities, marking a significant change in the company's trajectory. His tenure saw a rise in SoFi's market presence, making him an important figure in the fintech industry.