DailyPay Wage Access app gets Sotheby’s former chief compliance officer
DailyPay Inc., a payroll service provider, has hired a compliance officer in the person of Jane Levine, who most recently worked at Sotheby’s.
Levine is in a new New York-based role and will report to CEO Jason Lee. She was previously Chief Global Compliance Officer and Head of Government and Regulatory Affairs at Sotheby’s and was a member of the Company’s Board of Directors.
Prior to her stint at Sotheby’s, Levine spent a decade as an Assistant U.S. Attorney in the Southern District of New York City, where she prosecuted federal white collar crimes. At the start of her legal career, she was a lawyer with Paul Weiss and Proskauer.
Levine’s hiring marks a return effort from DailyPay to turn to Sotheby’s for new hires. Last year, the company brought in Vladimir Kleyman, senior in-house transaction counsel at Sotheby’s Financial Services, to become its very first general counsel.
Kleyman told Bloomberg Law last year that he was joining DailyPay for the opportunity to build a legal department at a growing company.
Sotheby’s, one of the world’s largest auction houses, experienced staff turnover following its 2019 sale to telecommunications billionaire and prominent art collector Patrick Drahl, who privatized the company in the part of a $ 2.7 billion deal.
DailyPay, founded in 2016, can be used by employees of client companies to access their wages before payday. Third-party companies like DailyPay provide money in advance of a paycheck in exchange for possible transaction fees or debit from employee accounts.
Since the coronavirus pandemic struck in early 2020, the company has increased its workforce, although a spokesperson for the company said it did not have an exact number.
On Monday, DailyPay also announced the arrival of Ryan Naples to its regulatory team as senior director of public policy. He was most recently deputy director of Tech: NYC, an industry association for the tech community in New York City, where he handled legislation, regulatory affairs and communications issues facing New York’s tech ecosystem, DailyPay said. .
Prior to that, DailyPay said Naples was the senior public policy officer for Lyft in New York City.