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LPL Names Chief Data Officer

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What You Need to Know

  • Cara Dailey has been named LPL chief data officer, a newly-created role at the company.
  • The appointment is part of the firm's efforts to boost its digital strategies and data management.
  • Dailey joins the firm from Silicon Valley Bank, where she had the same title.

LPL Financial has appointed Cara Dailey as its chief data officer, a new role at the company that it said Monday was “designed to accelerate” its digital strategies and data management.

Dailey is leading the firm’s data and analytics team and reporting to Rich Steinmeier, LPL managing director and divisional president, business development.

She joins LPL from Silicon Valley Bank, where she had the same title. Dailey had been with that firm since April 2018, according to her LinkedIn profile.

Before that, she was senior director of enterprise data for Nike. Dailey also held senior-level positions with Bank of the West, General Electric and Oracle.

She graduated from Marist College with a Bachelor of Science degree in business administration and computer science.

Dailey also serves as advisory board member to the Women’s Business Collaborative, which is focused on the advancement of female leaders achieving gender and diversity parity, LPL said.

“Cara brings a depth of experience leading enterprise-wide data management and governance programs and implementation strategies that drive business and digital transformation,” according to Steinmeier.

“Having worked both inside and outside of the financial services industry, she brings new perspectives along with valuable experience to help further shape the firm’s digital strategies, data governance and enterprise information management,” he said in the news release announcing her appointment. “With Cara’s addition, we gain a talented leader to accelerate our data journey and our capacity to leverage data and analytics as a strategic asset across the firm.”