Jack Phan Joins Money Crashers as New President and COO

PORTLAND, OR – 06-25-2019 (PRDistribution.com) — Entrepreneur and Former VP of Strategy at Digital Trends brings leadership, expertise, and a vision for improving personal finance education to the Money Crashers team 


Money Crashers, a leading personal finance education website, announces the addition of Jack Phan as their new President & COO. Phan, who served as VP of Strategy at Digital Trends from 2015 to 2018, brings 20+ years experience in executive leadership, business & product development, online media, marketing and operations. 

“Throughout my career I’ve learned that brands which are laser-focused on improving the lives of their key constituents experience rapid growth. Money Crashers knows this and started addressing the void in financial education right when Americans needed it most: The Great Recession. I’m excited to come on board and work with such a talented and passionate team,” says Jack Phan.

Working with Money Crashers’ product, marketing, operations and public relations teams, Phan will drive forward marketing initiatives as well as deliver a unified brand voice to the millions of Americans navigating the murky waters of personal finance. Money Crashers is poised to raise the bar within the industry with a commitment to providing reliable, factual, and accessible resources. Phan will oversee the strategic brand positioning at the company, lending guidance from his vast experience in leading companies to scaled growth.

“Jack has everything Money Crashers needs,” said Andrew Schrage, co-founder and CEO of Money Crashers. “He’s a seasoned leader with deep product expertise and a successful track record. Most importantly, he shares our vision for personal finance education. He has a deep commitment to improving the state of personal finance education and I’m excited to have him on board.” says Money Crashers CEO Andrew Schrage.

Phan’s arrival comes on the heels of a significant website and branding revamp. Both moves reflect the company’s rapid growth trajectory and Money Crashers’ consumer-first media approach. 

“Jack’s institutional knowledge and expertise will help Money Crashers capitalize on its growth,” said Gyutae Park, co-founder and CTO of Money Crashers. “Personal finance education is a new media niche and we’re happy to have a leader with Jack’s pioneering and innovative spirit on the team.” says Money Crashers CTO Gyutae Park.

Money Crashers, which receives over 3 million unique visitors a month, has managed to grow and expand in a time when companies are downsizing and struggling to differentiate themselves in a fiercely competitive media space. With a nuanced approach to personal finance, Money Crashers sets out to educate their audience on not only how to live below their means, but also on how to enjoy their money responsibly.

About Money Crashers

Money Crashers is a leading personal finance education website on a mission to create a community of people who view money as a tool, rather than a burden; an opportunity to change for the better and turn the tables on money. Topics covered include money management, budgeting, frugality, careers & education, investing, retirement, and small business. The site was founded in 2009 by Andrew Schrage (Economics at Brown University) and Gyutae Park (Industrial Engineering at Northwestern University) when they discovered that there was a major void in personal finance education in schools. Money Crashers has since been featured on US News, CNN, Forbes, MSNBC, and more. For more information, visit https://www.moneycrashers.com

About Jack Phan

Jack is an innovator and visionary entrepreneur with 20+ years experience in executive leadership, business & product development, online media, marketing and operations. Jack develops strategies to help businesses monetize content, scale and improve efficiencies through technology, and build teams through strong culture and core values.

Jack pioneered the matching algorithms and lead distribution platforms for online lead generation in the 90s and helped raise $27MM in venture capital for his first startup. He co-founded ReliableRemodeler.com in 2001 as CTO and bootstrapped the company to ranking #187 on the 2007 Inc. 500 Fastest Growing Companies, later selling to Quinstreet (NASDAQ: QNST) for around $30M. As VP of Strategy of Digital Trends, Jack helped scale the company into the #1 private tech media company in the world.

Jack attended Pacific University and is a member of the Linfield Business Advisory Council, Oregon Venture Fund and Oregon Entrepreneurs Network (OEN).

Media Contacts:

Company Name: Money Crashers
Full Name: Cindy Richards
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Website: https://www.moneycrashers.com/

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