News Highlights: Head of Renovata & Company Places Technology Officer at Blue Foundry Bank
January 13, 2021 – Renovata & Company, a global executive search and private equity consulting firm, has recruited Mugur Tolea as chief technology officer for Blue Foundry Bank, which specializes in craft banking for consumers and small businesses. Mugur brings more than 30 years of industry, engineering and leadership experience to his new role and knows how to operate at the pace of a small to medium-sized business, said Mannie Gill, partner at Renovata & Company . “He will develop a technical and product vision and strategy that addresses the medium to longer-term needs for the company, ensuring alignment with the bank’s overall business objectives.”
Mr. Tolea was previously vice president of technology, search, and findability for Walmart eCommerce. He serves on the board of advisers to the cybersecurity program at Ithaca College. Previous leadership positions have included vice president of engineering for Jet; co-founder and chief technology officer …
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