Oportun replaces Chief Credit Officer after 18 years; new Chief Risk Officer hired at $550K

Filed June 18, 2026 · Period ending June 13, 2026 · ~1 min read

Key Changes

• high

  Patrick Kirscht, Chief Credit Officer since 2008, departed June 15 by mutual agreement with no stated disagreements. He receives $525K salary continuation, prorated bonus, $536K retention award, and immediate vesting of 95,603 RSUs.

  Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
• high

  Sean Rowles, 54, appointed Chief Risk Officer effective June 17. Previously Chief Risk Officer at Imprint (2023-2025) and Global Chief Credit Officer at PayPal (2014-2023). Brings 30+ years in consumer credit and risk management.

  Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
• medium

  Rowles receives $550K base salary, 75% target bonus, $500K signing bonus vesting over 12 months, and 510K equity units (382,653 RSUs and 127,551 PSUs) expected to be granted September 2026.

  Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →