HomeFinanceFormer Morgan Stanley exec named global CFO of Jersey City-based DriveWealth

Former Morgan Stanley exec named global CFO of Jersey City-based DriveWealth

DriveWealth, a Jersey City-based fintech, on Tuesday said it named Jason Pizzorusso as its global chief financial officer. In his new role, Pizzorusso will lead strategy and development of the company’s global growth.

Prior to joining DriveWealth, Pizzorusso spent 16 years at Morgan Stanley, most recently as CFO of the Wealth Management segment, where he played a pivotal role in the E*Trade acquisition as well as numerous organic growth initiatives. Pizzorusso also held various business, operations, finance and technology roles over his career at Morgan Stanley, including the technology lead of the platform conversion for the Morgan Stanley Smith Barney integration.

DriveWealth CEO Bob Cortright expressed his excitement about Pizzorusso joining the team, stating: “Jason is an exceptional leader with a proven track record of success in our industry. His expertise and extensive knowledge across both finance and technology will be instrumental in driving our growth and global expansion and ensuring that we continue to deliver the best possible products and experience to our partners and their customers.”

Pizzorusso’s appointment comes at a crucial time for DriveWealth, as the company continues to expand and bring its brokerage products to launch.

“I’m thrilled to be joining DriveWealth’s executive team, and I’m excited about the opportunity to join an innovative technology company that is well positioned to achieve significant growth,” Pizzorusso said. “The chance to work with a talented team that is committed to building a global brokerage marketplace is truly extraordinary. I look forward to leveraging my experience to help drive growth and ensure that we continue to deliver innovative solutions that make a difference.”

Related Articles

Smolin relocates to newly expanded Red Bank office

Accounting firm Smolin, Lupin & Co., LLC has relocated its Spring Lake Heights office to the newly expanded Red Bank location, a strategic move...

Treasury starts distributing first round of Stay NJ benefits to eligible seniors 

The N.J. Treasury’s Division of Taxation has begun mailing the first installment of benefits for the inaugural season of Stay NJ, New Jersey’s newest...

Verisk names Kauderer president of claims solutions 

Verisk, a Jersey City-based publicly traded strategic data analytics and technology partner to the global insurance industry, announced that Steven Kauderer has been named...

$37 million loan from Kearny Bank paves way for Belvidere warehouse project

Kearny Bank has provided $37.25 million in financing to Belvidere Urban Renewal LLC in support of a 370,000-square-foot warehouse construction project in Belvidere in...

EisnerAmper’s next-gen fund solutions practice announced

EisnerAmper’s Financial Services Group announced the evolution of the EisnerAmper Fund Solutions Practice along with the launch of the new EisnerAmper Investor Portal. This move...

Spencer Savings Bank donates $10K to support STEM education in N.J.

Spencer Savings Bank recently donated $10,000 to the Research and Development Council of New Jersey to support its Governor’s STEM Scholars program. This program...

Latest Articles

HBSE names Wheeler general manager of Loew’s Jersey Theatre

Harris Blitzer Sports & Entertainment (HBSE) said Feb. 10 that entertainment industry veteran Bruce Wheeler has become general manager of the nearly 100-year-old Loew’s...

African American Chamber of Commerce of N.J. to honor 6 at Circle of Achievement Awards Gala

The African American Chamber of Commerce of New Jersey (AACCNJ) will honor the achievements of six honorees at its 16th Annual Circle of Achievement...

Celularity of Florham Park gets $12.2M from sale of New Jersey net operating losses

Florham Park-based Celularity Inc., a regenerative and cellular medicine company, said Feb. 10 it was in receipt of $12.2 million in net cash proceeds...

Experic appoints Mollan to CEO with retirement of Wood

Experic, a Cranbury-based contract development and manufacturing organization (CDMO) and clinical trial supply services company serving the biopharmaceutical industry, announced the appointment of Matthew...

Sitex Group acquires an infill low coverage site in South Plainfield from Progressive

Sitex Group, a privately held investor and developer of industrial real estate, has purchased a 22,000-square-foot property at 152 West St. in South Plainfield....

Storage Post acquires former CubeSmart location in Newark, expanding N.J. presence

Storage Post, a leading owner and operator of self-storage facilities, announced the acquisition of a new location in Newark at 353–367 Park Avenue, which...

Latest Articles

HBSE names Wheeler general manager of Loew’s Jersey Theatre

Harris Blitzer Sports & Entertainment (HBSE) said Feb. 10 that entertainment industry veteran Bruce Wheeler has become general manager of the nearly 100-year-old Loew’s...

African American Chamber of Commerce of N.J. to honor 6 at Circle of Achievement...

The African American Chamber of Commerce of New Jersey (AACCNJ) will honor the achievements of six honorees at its 16th Annual Circle of Achievement...

Celularity of Florham Park gets $12.2M from sale of New Jersey net operating losses

Florham Park-based Celularity Inc., a regenerative and cellular medicine company, said Feb. 10 it was in receipt of $12.2 million in net cash proceeds...

Experic appoints Mollan to CEO with retirement of Wood

Experic, a Cranbury-based contract development and manufacturing organization (CDMO) and clinical trial supply services company serving the biopharmaceutical industry, announced the appointment of Matthew...

Sitex Group acquires an infill low coverage site in South Plainfield from Progressive

Sitex Group, a privately held investor and developer of industrial real estate, has purchased a 22,000-square-foot property at 152 West St. in South Plainfield....