Kamila Chytil
Synchrony FinancialAbout Kamila Chytil
Independent director at Synchrony Financial since 2022; age 45. Former COO at DentaQuest (2021–2024) and MoneyGram International (2019–2021), with prior senior roles at FIS (2004–2015). Holds a B.S. in International Business and Finance (University of Tampa) and an MBA (University of Florida). Serves on Audit and Technology Committees; designated an Audit Committee Financial Expert; independence confirmed under NYSE standards .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| DentaQuest LLC | Chief Operating Officer | Mar 2021–Dec 2024 | Led operations/IT/marketing; digital optimization focus |
| MoneyGram International | Chief Operating Officer | 2019–2021 | Oversaw global servicing, IT, marketing, strategy; digital segment |
| MoneyGram International | Chief Global Operations Officer | 2016–2019 | Operations leadership across service/technology |
| MoneyGram International | SVP, Key Partnerships & Payments | 2015–2016 | Partnerships and payments strategy |
| FIS | SVP & GM, Retail Payments; risk/analytics/operations roles | 2004–2015 | Retail payments; under/unbanked products; risk management |
| Danka Office Imaging | Business Analyst | 2003–2004 | Business analysis |
| Capital One Financial | Account Manager | 2000–2003 | Client account management |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| MoneyGram Foundation | Board Member | 2019–2021 | Non-profit foundation |
| MoneyGram Poland | Board Member | 2016–2021 | Subsidiary board |
| MoneyGram Payment Systems, Inc. | Board Member | 2017–2021 | Subsidiary board |
- No current public company directorships disclosed in SYF filings for Chytil .
Board Governance
| Attribute | Details |
|---|---|
| Independence | Listed among 10 independent directors; independent under NYSE and SYF standards |
| Committees | Audit (member; all members designated “audit committee financial expert”) ; Technology (member) |
| Committee meeting cadence (2024) | Audit: 11 meetings; Technology: 4 meetings |
| Technology oversight | Board has a dedicated Technology Committee; scope includes AI/GenAI, innovation, cybersecurity reports to Risk/Audit; Tech Committee chaired by Art Coviello |
| Attendance | Board held 8 meetings in 2024; all directors attended at least 75% of Board+committee meetings; all directors attended 2024 Annual Meeting |
| Executive sessions | Independent directors meet in executive session after every Board meeting; chaired by Non‑Executive Chair Jeffrey Naylor |
Fixed Compensation
| Component | 2024 Amount | Notes |
|---|---|---|
| Annual cash retainer | $100,000 | Standard for independent directors |
| Committee membership cash fees | $35,000 | Audit member: +$20,000; Technology member: +$15,000 |
| Total cash (2024 reported) | $135,000 | From Independent Directors’ Compensation Table |
| RSU grant (aggregate fair value 2024) | $165,083 | Granted quarterly, one‑year vesting; dividend equivalents reinvested |
| Total (cash + stock 2024) | $300,083 | 2024 director total for Chytil |
| Current program (as of 2025 proxy) | $320,000 | $100,000 cash + $220,000 RSUs annually |
| Deferral options | Up to 80% of cash and RSUs into DSUs; paid post‑Board service | |
| Ownership guideline | $500,000 minimum in common/RSUs/DSUs; all directors compliant as of 12/31/2024 |
Performance Compensation
- SYF directors receive time-based RSUs (no performance metrics); RSUs vest after one year and are granted quarterly with dividend equivalent reinvestment .
Director RSU grant pricing (illustrative 2024 quarterly schedule):
| Metric | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 |
|---|---|---|---|---|
| Grant date closing price ($) | $43.12 | $47.19 | $49.88 | $65.00 |
- As of 12/31/2024, Chytil had 3,320 outstanding RSUs (incl. accrued dividends) .
Other Directorships & Interlocks
| Category | Detail |
|---|---|
| MDCC interlocks | 2024: No compensation committee interlocks requiring disclosure; no Item 404 relationships for MDCC members (Chytil not on MDCC) |
| Related party transactions | Board policy in place; none identified since 1/1/2024; ordinary-course bank credit card extensions to directors on standard terms |
Expertise & Qualifications
- Financial services, payments, technology operations; designated Audit Committee Financial Expert .
- Recognitions: Dallas Business Journal 40 under 40; PaymentSource 25 Most Influential Women in Payments; Forbes FinTech contributor on digital transformation .
- Education: B.S., University of Tampa; MBA, University of Florida .
Equity Ownership
| Item | Amount | Date/Notes |
|---|---|---|
| Beneficial ownership (shares) | 10,515 | As of April 1, 2025; less than 1% of outstanding |
| Shares outstanding (company) | 380,545,542 | As of April 1, 2025 |
| RSUs outstanding | 3,320 | As of Dec 31, 2024 (incl. accrued dividends) |
| DSUs | Not disclosed for Chytil | Directors can defer; specific DSU balances listed for other directors, not for Chytil |
| Guideline compliance | Compliant | All directors compliant as of 12/31/2024 |
| Pledging/hedging | Not disclosed | No pledging disclosed in proxy |
Recent insider transactions (Form 4):
| Transaction Date | Filing Date | Type | Security | Shares | Price | Post-Transaction Holdings | SEC Link |
|---|---|---|---|---|---|---|---|
| 2025-11-17 | 2025-11-19 | Award | Dividend Equivalent Unit | 15 | $70.47 | 15,558 | https://www.sec.gov/Archives/edgar/data/1601712/000167433825000008/0001674338-25-000008-index.htm |
| 2025-09-30 | 2025-10-02 | Award | Common Stock (Quarterly RSU Grant) | 775 | $71.05 | 15,543 | https://www.sec.gov/Archives/edgar/data/1601712/000167433825000006/0001674338-25-000006-index.htm |
- Initial non‑employee director compensation program at appointment (April 1, 2022): $265,000 ($100,000 cash; $165,000 RSUs); standard indemnification agreement executed .
Governance Assessment
- Strengths: Independent director with deep payments/technology and operations credentials; Audit Committee Financial Expert; active on Technology Committee overseeing cyber/AI; committee meeting cadence suggests robust oversight; ownership aligned via guideline compliance; transparent, simple director pay mix with majority equity .
- Engagement: Board held 8 meetings in 2024; all directors met 75% attendance threshold and attended Annual Meeting; independent executive sessions after every meeting enhance board effectiveness .
- Conflicts/Red Flags: No related‑party transactions identified since 1/1/2024; ordinary‑course director credit products on market terms; no pledging disclosed; Section 16 compliance broadly affirmed (minor administrative late filings for others not involving Chytil) .
- Compensation signals: Increase in standard director equity grant from $165k (2024 reported for Chytil) to $220k program level as of 2025 aligns director incentives with shareholder returns; quarterly schedule and one‑year vest reduce timing‑risk; no options or performance‑metric equity for directors (consistent with governance best practice) .