Bakkt, Inc. (NYSE: BKKT) appointed Matt White as Chief Financial Officer effective August 17, 2026, as the financial technology company transitions into a new growth phase centered on AI-powered infrastructure and disciplined capital allocation. White succeeds Karen Alexander, who transitioned from the role on August 14, 2026, and will continue in an advisory capacity during the transition.
- Previous Role: CFO and Corporate Secretary of CoreCard Corporation (NYSE: CCRD) for over seven years
- CoreCard Acquisition: Acquired by Euronet Worldwide in October 2025
- Compensation Package: 90,000 restricted stock units and 60,000 options at a $10.00 exercise price
- Vesting Schedule: RSUs vest over three years (35,000-35,000-20,000); options vest in three equal annual installments
White brings over two decades of public company finance experience spanning technology, payments, capital markets, and corporate strategy. At CoreCard, he was integral to the company’s growth trajectory before its acquisition by the Luxembourg-based payments processor. His expertise encompasses financial strategy, capital allocation, public company governance, strategic transactions and scalable infrastructure development for technology firms.
Matt White, Chief Financial Officer at Bakkt. Source: bakkt.com
Matt brings exactly the profile we want in a CFO for the next phase of Bakkt. He combines deep public company discipline with technology and payments experience, strategic thinking and an execution-oriented approach to finance.
Akshay Naheta, CEO of Bakkt, emphasized that the company intends to build a modern, data-driven and AI-enabled finance organization capable of operating at speed and allocating capital intelligently. White’s focus will center on rigorous execution, operational accountability and translating Bakkt’s strategy into shareholder value. Bakkt operates three primary business lines, Bakkt Markets, Bakkt Agent, and Bakkt Global, providing regulated infrastructure for trading, stablecoin settlement, cross-border payments, and access to differentiated financial assets.
Akshay Naheta, CEO of Bakkt. Source: Wikipedia
