WebBank announces Parris Sanz named EVP-General Counsel

·2 min read

WebBank today announced the appointment of Parris Sanz as the Executive Vice President-General Counsel.

Mr. Sanz joined WebBank in January 2021, bringing more than 25 years of legal experience and over 16 years as a General Counsel and executive in the FinTech industry. Before joining WebBank, Mr. Sanz was General Counsel, Chief Compliance Officer, and SVP of Operations of Petal Card, Inc. Before Petal, Mr. Sanz was CEO of CAN Capital, Inc., where he was previously EVP, Chief Legal Officer, and Chief Compliance Officer for over 12 years. Previously, Mr. Sanz was an attorney in private practice at the law firms of Latham & Watkins, LLP and Paul Hastings LLP, where he handled a wide variety of corporate, finance, and commercial transactions.

Mr. Sanz received his J.D. from Harvard Law School and a Bachelor of Arts degree from U.C. Berkeley, High Honors and Phi Beta Kappa.

"As WebBank continues to grow and evolve, we are excited to welcome Parris to our executive leadership team," said WebBank President Jason Lloyd. "Parris brings a strategic understanding of the FinTech industry and decades of legal, regulatory, and compliance experience."

About WebBank

WebBank, a wholly owned subsidiary of Steel Partners Holdings LP, is a Utah chartered Industrial Bank headquartered in Salt Lake City, Utah. As "The Bank Behind the Brand®", WebBank is a national issuer of and capital provider to consumer and small business credit products through Strategic Partner (Brand) platforms, which includes retailers, manufacturers, finance companies, and financial technology (FinTech) companies. The Bank is a leading player in the digital lending space, driving innovation in financial products through Strategic Partner platforms. WebBank engages in a full range of banking activities including consumer and commercial loan products, revolving lines of credit, credit cards, private-label card issuance, auto-refinancing and more. The Bank is also a capital provider to Brand platforms, credit funds, and other lenders with a targeted focus on specialty finance assets. The Bank is also a leading provider of commercial insurance premium finance products through its wholly owned subsidiary National Partners.

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Shannon Hutchings