Yesterday, MX, one of the leading open finance firms, announced that the company has appointed Wes Hummel, the former Vice President, Site Reliability and Cloud Engineering at PayPal, as its new Chief Technology Officer (CTO).
In his broad career of more than 25 years, Hummel led a wide range of international engineering and technology teams. He spent over 14 years at PayPal and served in different positions to facilitate the company’s global expansion. Hummel started his career at PayPal as Software Development Manager and later served in different senior-level roles.
Prior to joining PayPal, Hummel spent approximately eight years at Clarity Communications Systems as a Software Engineer. The newly appointed CTO at MX also worked with Motorola as a Software Engineer for over five years.
“Wes Hummel brings a tremendous amount of experience building and leading high-impact engineering teams at the world’s leading technology and fintech companies,” said Jim Magats, the Chief Executive Officer at MX. “I’ve worked alongside Wes for more than a decade developing financial products that deliver better outcomes for businesses and consumers. He is a proven technology leader with a passion for people development and fostering strong cultures that execute at the highest level.”
Magats recently became the CEO of MX. On top of that, he has joined the company’s Board of Directors.
Technology
MX aims to utilize Hummel’s deep expertise in the engineering and technology sector to develop innovative products and services. Moreover, the company’s new CTO served as a Board Member of the Arizona Technology Council for over two years.
“I am thrilled to be joining Jim and the entire MX team in building the infrastructure to power the open finance economy and bringing together financial institutions and fintechs to drive better customer outcomes and experiences. My passion is in building strong, efficient engineering teams that solve big, complex problems working in tandem with our product, sales, customer experience, and marketing teams,” Hummel said.
