St. Petersburg fintech platform company adds Timothy Schar to c-suite

SKUx, a fintech platform as a service company, in St. Petersburg, has appointed Tim Schar as chief growth and administrative officer.

Schar has served on the company’s board of advisors, since August 2020, prior to his new executive-level role.

“Tim will provide outstanding leadership to the SKUx organization as we continue to position ourselves for massive scale with the world’s leading companies,” said James Sampey, co-founder and chief executive officer of SKUx, in a statement. “We have had the privilege of working alongside Tim as he served on the SKUx Advisory Board over the past couple of years. His deep knowledge of the fintech landscape combined with his experience in finance, SaaS, and M&A has been invaluable.”

Schar has more than two decades of technology and investment banking experience, from his work at Bear Stearns, Credit Suisse, Wells Fargo and, most recently, Truist Bank, where he served as Tampa Bay market president.

“I am excited to join the SKUx executive leadership team at a pivotal time in the Company’s growth. For two years, in my Advisory Board role, I have witnessed the SKUx team build out an extraordinary product suite combined with a culture of integrity, excellence and innovation. I hope to help further its success as we prepare to become a global player in offers, payments and data,” said Schar, in the statement.