Prosper Marketplace names new CFO

Prosper Marketplace has named David Kimball as Chief Financial Officer, effective March 18.
Mr. Kimball has spent the past decade with USAA in a series of positions, most recently as Chief Financial Officer. He oversaw operations including property, casualty, banking, life insurance and investment management.
Prior to joining USAA Mr. Kimball spent ten years at Ford Motor Company, ending his tenure as its Director of Financial Strategy and Vice-President of Funding. According to a release Mr. Kimball played a key role with Ford Credit during the beginning of the economic downturn.

Prosper Marketplace CEO Aaron Vermut looks forward to Mr. Kimball’s contributions.

“David has a unique combination of relevent experience in capital markets, including securitization and other types of debt issuance, as well as an expertise in line of business pricing and profitability management, all of which will be a huge asset to our company as we look to the future.”

Two decades worth of experience with a pair of well-known brands should serve Mr. Kimball well in his new role, he believes.

“Marketplace lending is an industry that I have watched with interest for some time, and I’m thrilled to be returning to the west coast to join Prosper Marketplace. During my time at USAA and Ford Motor Company, I’ve seen firsthand how great brands and products can positively impact people’s lives, and I look forward to being part of the innovation that Prosper Marketplace is leading in the consumer lending industry.”