Synchrony announced Margaret Keane, Chief Executive Officer, will transition to the role of Executive Chair of the Board of Directors of Synchrony. Synchrony's Board of Directors unanimously elected Brian Doubles as member of the Board of Directors. Both appointments are effective April 1, 2021. As Executive Chair, Keane will lead the company's Board of Directors and continue to work closely with Doubles and the Synchrony leadership team. She will also continue to represent the company and interact with key stakeholders to help advance Synchrony's mission. As part of this transition, Synchrony's current Chairman, Richard Hartnack, will retire from the Board after six years of exceptional service. The company also announced Jeffrey Naylor will become Lead Independent Director. Naylor has served on Synchrony's Board since 2014 and brings considerable expertise in the retail industry and executive management. All changes announced will take effect on April 1, 2021.