News

Lenders Cooperative Appoints New Chief Technology Officer

February 1, 2024

Lenders Cooperative Appoints Accomplished Technology Leader as Chief Technology Officer

Lenders Cooperative, a Summit Technology Group company, is excited to announce the appointment of Charlie Turri as its Chief Technology Officer (CTO). With a proven track record and extensive experience in all facets of technology, Charlie will play a pivotal role in steering Lenders Cooperative’s continued technological evolution.

Charlie brings a wealth of experience from various sectors, including technology consulting, web and mobile application development for prominent brands, and strategic engagements with banking and healthcare firms.

With a strong background in financial services, Turri has collaborated with major institutions like Wells Fargo, Danske Bank, Ally Bank, AgCountry, OneMain Financial, Athene, and AIG. Each engagement involved strategic initiatives ranging from security policies and operations centers to loan origination setups, data migrations, API integrations, and IT service management.

In Charlie’s previous role with Denim Social, he successfully led the technology and product teams’ growth. This growth was accompanied by a remarkable surge in monthly posts, skyrocketing from 15,000 to an impressive 500,000.

One of Charlie’s standout accomplishments was the substantial reduction in unit costs, driving them down from approximately $0.50 to an impressive under $0.01. This achievement reflects Charlie Turri’s strategic focus on efficiency and cost optimization.

Turri is a pioneer in leveraging generative AI for automating social posts. This includes the creation of summaries, collections, and the generation of text and images. This innovative approach has not only streamlined the content creation process but is also applicable across the entire financial sector.

We are thrilled to welcome Charlie Turri to the Lenders Cooperative family. With his extensive background in technology leadership and a proven track record of driving innovation and efficiency, Charlie Turri is well-positioned to lead our technology team to new heights. – Cary Cooper, CEO of Lenders Cooperative