The National Foundation for Credit Counseling (NFCC) recently elected Kurt Grossheim to its board of trustees.
“NFCC’s focus on promoting financially responsible behavior is something I strongly support as I have a longstanding commitment to responsible lending and financial education,” Grossheim said. “I look forward to this new opportunity with the board of trustees to continue building upon the great work they are doing to help improve the financial health of consumers and families.”
Grossheim currently serves as the executive vice president and chief operating officer of Synchrony Financial. His career has spanned both domestic and international consumer lending, along with leadership positions in operations, business integration, risk management and business development.
Prior to his time at Synchrony, Grossheim led GE Capital Bank in Austria as its CEO from 2002 to 2004. Additionally, he served as chief operations officer of GE Service Bank in Germany. After his time at GE, Grossheim served as the risk management leader for Colonial Penn Insurance.
“Our ability to serve the membership is strengthened by the election of Kurt Grossheim to our board,” said Nelson Diaz, chairman of the NFCC board of trustees.
The NFCC is the nation’s first and largest nonprofit dedicated to improving clients’ financial well-being, totaling 600 member offices in 50 states and Puerto Rico.