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Monday, December 09, 2024
Mark Begor | Chief Executive Officer at Equifax | Fintech Finance

About Mark Begor

https://www.equifax.co.uk/
Mark Begor was named Chief Executive Officer of Equifax and a member of the Board of Directors in April 2018. Mark Begor has created a New Equifax during his tenure as CEO. Under his leadership, Equifax has undertaken one of the largest cloud transformation initiatives in its industry. The company has invested over $1.5 billion to change nearly every facet of its infrastructure, has become an industry leader in security, is driving AI innovation, and is on track to become the only cloud-native data, analytics and technology company of its kind. Equifax has grown from $3.4B in 2018 to record 2023 annual revenue of $5.265 billion, a compound growth rate of approximately 9.1%. This strong financial performance has enabled the company to complete 14 strategic acquisitions totaling nearly $4 billion since the beginning of 2021 to broaden Equifax capabilities well beyond a traditional credit bureau in the markets the company serves worldwide, while investing record amounts to expand data, analytics, product, and technology capabilities. Before joining Equifax, Mark Begor served as a Managing Director in the Industrial and Business Services group at Warburg Pincus, a $40 billion growth-focused private equity firm with more than 120 portfolio companies. He also served for two years as a member of the Board of Directors at FICO. Prior to that, Mark Begor spent 35 years at General Electric, most recently as President and CEO of GE’s $8 billion energy management business. Before leading GE Energy Management, Mark Begor was President and CEO of GE Capital Real Estate. He also served as President and CEO of GE Capital Retail Finance (Synchrony Financial), successfully guiding it through a period where the business doubled in size. Mark Begor was a Senior Vice President and member of GE’s Corporate Executive Council for 10 years and a GE officer for 19 years. He also served as the Chief Financial Officer at NBCUniversal Media and as GE's Investor Relations leader, where he oversaw a large number of acquisitions and dispositions. Mark Begor currently serves on the Board of Directors of NCR Atleos. He previously served on the Board of Directors at NCR Corporation from February 2020 until the company separated into NCR Atleos and NCR Voyix in October 2023. He is also on the Board of Trustees at both Dartmouth-Hitchcock Medical Center and the U.S. Ski and Snowboard Foundation. Mark Begor is a graduate of Syracuse University with a bachelor’s degree in finance and marketing, and he has an MBA from Rensselaer Polytechnic Institute.

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