Buckle, a digital financial services company for the gig economy has announced that Scott Stephenson has joined the company as Chairman of the Board of Directors.
As Verisk’s former chairman, president, and chief executive officer, Stephenson helped the data analytics and risk assessment firm become part of the S&P 500 Index.
While he was CEO from 2013 to 2021, Verisk was named to the S&P Global 500 ESG and FTSE4Good Index Series; additionally, for three consecutive years, Forbes ranked Verisk among the world’s most innovative companies.
Forbes also has recognized Stephenson as one of America’s Most Innovative Leaders and one of the Top 25 Most Innovative Leaders Worldwide.
According to a statement, during his period as CEO, Verisk’s revenues doubled, market cap quadrupled, and the countries that Verisk served tripled.
Stephenson also fosters a “people-first” culture, Buckle noted. Under his leadership, Verisk repeatedly was recognized as an employer of choice, named A Great Place to Work for six consecutive years.
It was also named one of America’s Most Just Companies and one of America’s Best Managed Companies.
In prior roles, Stephenson was the founding partner of Boston Consulting Group’s southeastern US practice and he also designed components of missile propulsion systems and innovative propellant formulations for Atlantic Research Corporation.
Stephenson commented: “Throughout my career, I’ve held leadership roles with the goal of driving innovation, and I thrive with new growth challenges.
“I’ve been watching Buckle innovate within the digital financial services industry, and I look forward to helping them deliver upon their enormous growth potential while serving this important and evolving gig segment.”
Commenting on Stephenson’s appointment, Chief executive officer of Buckle, Marty Young said: “As Buckle grows, we continually look for the right mix of experience, industry skills, and unique perspectives to guide our board.
“We are thrilled to add Scott’s leadership and in-depth expertise to our Board of Directors. He is highly respected and widely known as a business innovator, which will be a tremendous asset to Buckle as we continue to redefine and expand financial services support for the rising middle class and gig economy.”
Stephenson also serves on several for-profit and not-for-profit boards, Buckle noted, including PSEG (NYSE), the Bowery Mission (Chair), Yale Center for Faith and Culture, Harvard’s Human Flourishing Program, and University of Virginia’s (UVA) School of Data Science where he established the Stephenson Dean of Data Science.
Additionally, he is also a member of the Council on Foreign Relations and the Wall Street Journal’s CEO Council, as well as a signatory of the Business Roundtable’s statement on the Purpose of a Corporation.
