OnDeck CFO Moves On After 10 Years

OnDeck announced yesterday that its CFO, Howard Katzenberg, would be leaving on March 26th and is being replaced by Kenneth A. Brause. An OnDeck spokesperson told AltFinanceDaily that Katzenberg’s departure is completely amicable.

“[Katzenberg] is still a young man and he’s looking to make the next mark in his career,” the spokesperson said.

Katzenberg started with OnDeck in 2008 as one of its first employees. He will stay on as an advisor through the middle of April to guarantee a smooth transition. Brause, his replacement, has more than 30 years of experience in the financial services industry and currently works  as Executive Vice President & Treasurer at CIT Group.

Todd Stone was a reporter for AltFinanceDaily.