Thasunda Brown Duckett appointed to Brex Board of Directors
SAN FRANCISCO, CA - Brex, the company reimagining finance for growing businesses, today announced that Thasunda Brown Duckett has been appointed to the Brex Board of Directors effective January 1, 2022. Duckett, a seasoned and forward-thinking financial services leader with valuable corporate governance experience, will serve on Brex’s Board as an independent director.
“Thasunda’s experience in leading large-scale organizations to deliver valuable and innovative financial services products and services is incredibly unique and will be hugely valuable as Brex continues to expand and scale,” said Henrique Dubugras, co-CEO, Brex. “She is a visionary leader and is driven to empower financial inclusion, which aligns with our mission of serving new and growing business. We are honored and delighted to welcome her to Brex.”
Duckett serves as the President and CEO of TIAA, the leading provider of secure retirements. TIAA, one of the Fortune 100, serves millions of active and retired employees and thousands of institutions, with $1.3 trillion in assets under management.
Prior to her role at TIAA, Duckett served as the CEO of Chase Consumer Banking, where she oversaw a banking network with more than $600 billion in deposits and 50,000 employees, and as the CEO of Chase Auto Finance. Duckett graduated from the University of Houston with a bachelor’s degree in Finance and Marketing and holds an MBA from Baylor University. She sits on the board of Nike and is the founder of The Rosie and Otis Brown Foundation, which honors her parents and recognizes people who empower and uplift their communities.
“Brex has an ambitious mission, a significant market opportunity, and a strategy that ensures it will continue its growth at scale,” said Duckett. “I look forward to helping guide this exceptional company as it transforms financial services for high-growth companies.”
Brex launched in 2018 with a corporate card specifically designed to help startups that have historically had trouble accessing credit cards from industry incumbents. The company has continued to aggressively scale by providing customers with software that serves a broader range of financial needs, such as business accounts, expense management, and more recently, venture debt financing. Brex’s customer base includes tens of thousands of companies across the United States.
Brex empowers the next generation of businesses with integrated corporate cards and spend management software. We make it easy for our customers to manage every aspect of spending and empower their employees to make better financial decisions from anywhere they live or work. Brex proudly serves tens of thousands of growing businesses, from early-stage startups to enterprise leaders.
Karen Tillman, Chief Communications Officer