Marqeta Appoints Mike Milotich as Chief Executive Officer

Marqeta Inc. (NASDAQ:MQ) is one of the best growth stocks under $30 to buy. On September 8, Marqeta announced the appointment of Mike Milotich as its new CEO and as a Director, effective immediately. Mr. Milotich has served as the company’s Interim CEO since February 2025, a role he held concurrently with his position as CFO.

The Marqeta Board’s Chair, Judson C. Linville, stated that the decision followed a thorough search. The Board believes his knowledge of the business & industry, strong customer connections, and proven leadership as Interim CEO make him the ideal choice to execute Marqeta’s strategy.

Milotich has served as Marqeta’s CFO since February 2022, overseeing financial planning, corporate development, accounting, and investor relations. Before joining Marqeta, he was the Senior Vice President of Corporate Finance and Investor Relations at Visa and also held various business analysis roles at PayPal and American Express.

Marqeta Inc. (NASDAQ:MQ) operates a cloud-based open API platform for card issuing and transaction processing services.

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Disclosure: None. This article is originally published at Insider Monkey.