Management Excellence and Prudent Capital Allocation

2 months ago

Dave Ahern

"I think they're exemplary. The more that I read about them, the more that I like them. They started the business for a good reason. They saw an opportunity to help the people of Brazil. What's even more impressive is that David is only 46, so he's still really young and has a long way to go with the company. A few years ago, he was offered a $300 million pay package and he turned it down, choosing instead to reinvest in the business and take care of his employees."

Dave Ahern commends New Bank's management team and founder David, highlighting his youthful drive, disciplined capital allocation, and commitment to reinvesting in the company rather than taking excessive compensation.

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