Digital banking powerhouse Thread Bancorp, Inc. appoints Marty Miracle as its new Chief Digital Officer, tasked with spearheading scalable, compliant innovation in embedded banking.
Thread Bancorp, Inc. and Thread Bank have announced the appointment of Marty Miracle as their new Chief Digital Officer (CDO). Miracle brings a wealth of experience from his previous roles at Sutton Bank, where he served as the Chief Technology Officer (CTO) and Chief Information Security Officer (CISO).
In his new role at Thread, Miracle will lead the development and execution of the digital strategy, overseeing engineering, infrastructure, and cybersecurity functions. His leadership is expected to be essential in shaping the future of Thread's technology capabilities and driving meaningful digital transformation for partners and customers.
At Sutton Bank, Miracle led the end-to-end transformation of the bank's technology and digital platforms. His focus was on building secure, compliant, API-first infrastructure, and integrating AI, automation, and core banking modernization. He also established key enterprise functions such as Information Security, Risk Management, and Technology Strategy.
Chris Black, CEO, President, and member of the Board of Directors of Thread, expressed excitement about Miracle's appointment. "Marty's unique blend of technical depth, Fintech expertise, and visionary leadership is exactly what we need to achieve our digital goals," Black said.
Miracle's leadership at Thread will be key to advancing agile development practices, ensuring system resilience and regulatory readiness, and enabling seamless integrations with banks, middleware providers, and compliance partners. He will cultivate a high-performing technical team at Thread, and his focus will be on building secure, forward-looking infrastructure.
Miracle expressed his excitement about joining Thread, saying, "I'm looking forward to blending strategy, technology, and creativity to build a secure, scalable, and forward-looking digital infrastructure for Thread."
With Miracle at the helm, Thread is poised to deliver seamless, secure, and scalable banking experiences to its partners and customers. His leadership is expected to be instrumental in advancing Thread's digital strategy and positioning the company for future growth.
- Marty Miracle's primary focus at Thread will be advancing agile development practices, ensuring system resilience and regulatory readiness, and enabling seamless integrations for a secure, forward-looking digital infrastructure – key aspects of risk management and cybersecurity.
- As the new Chief Digital Officer at Thread, Marty Miracle aims to build a secure, scalable, and forward-looking digital infrastructure, which is crucial for business growth by providing seamless, secure, and scalable banking experiences to partners and customers.
- In his role at Thread, Marty Miracle will oversee engineering, infrastructure, and cybersecurity functions to lead the development and execution of digital strategy, with a focus on integrating AI, automation, and core banking modernization – all elements impacting finance and technology.
