Steve Cunningham joins Enova as CFO
A veteran financial services executive, Mr. Cunningham joins Enova from Discover Financial Services, where he most recently served as Executive Vice President and Chief Risk Officer for Discover's direct banking and payment services business.
Mr. Cunningham brings with him an extensive background in corporate finance, treasury, financial planning and analysis, tax, investor relations, capital markets and risk management.
Mr. Cunningham joined Discover as its Corporate Treasurer in 2010, where he was responsible for developing and executing the company's liquidity, market risk and capital management strategies.
Prior to Discover, he was the CFO of Harley-Davidson Financial Services, a receivables business, and spent eight years at Capital One Financial in various corporate and line of business finance leadership positions, including CFO for the Auto Finance segment, a receivables business, and CFO for the company's banking segment.
He also has experience as a bank regulator with the FDIC, giving him insights into the highly regulated environment in which Enova operates.
Mr. Cunningham received a bachelor's degree in Corporate Finance and Investment Management from the University of Alabama and an MBA from George Washington University. He also holds the professional designation of Chartered Financial Analyst (CFA).
He will succeed Rob Clifton, who has served as Enova's CFO since its spin-off from Cash America.
Mr. Clifton will remain at Enova as Chief Accounting Officer. ■
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