HYPR Names Financial Services Veteran Michele Docharty to Board of Directors

Long-serving Goldman Sachs executive brings strong, strategic leadership and expertise in global business planning and execution

NEW YORK--(BUSINESS WIRE)--HYPR, The Passwordless Company™, today named Michele Docharty to its Board of Directors. With almost 32 years of experience at Goldman Sachs, including 10 years as a Partner, Docharty brings deep expertise in financial services, strategic planning, sales and marketing, as well as client engagement – all of which are key to HYPR’s long-term growth strategy. Ms. Docharty joins as the second independent Director alongside Nicholas Donofrio.

Ms. Docharty held several senior roles at Goldman Sachs, most recently serving as Head of Americas Execution Services and Global Co-Head of Synthetic Product Distribution. Her roles spanned across products and regions, creating opportunities for client engagement around the world. Ms. Docharty was a member of the Global Markets Operating Committee, in addition to founding and chairing the governance group responsible for overseeing the launch of externalized data in the Global Markets business. Throughout her tenure, Ms. Docharty built and led high-performing teams and helped to drive product innovation to solve client challenges.

“I am very excited to join HYPR’s Board, especially at this crucial time when organizations are increasingly under pressure to define, refine and enhance their cybersecurity practices. Trusted service providers will be critical to companies navigating this complex cyber and regulatory landscape. I believe HYPR is uniquely positioned to bring passwordless multi-factor authentication (MFA) to internet scale, enabling both strong security and world-class user experience.”

Ms. Docharty will leverage her leadership experience to accelerate the adoption of passwordless MFA, specifically within the financial services sector. As recent HYPR research reveals, top financial institutions are leading passwordless adoption, with 4 out of the 5 major banks in the U.S. partnering with HYPR today. HYPR’s CEO, Bojan Simic, is a Board Member of the FIDO (Fast IDentity Online) Alliance, alongside major financial institutions including American Express, Bank of America, Mastercard and Wells Fargo.

“Michele’s versatile background and track record in financial services leadership will bring important new perspectives to HYPR, specifically in relation to customer engagement and the overall trajectory of cybersecurity in this new work environment,” said Bojan Simic, CEO and CTO of HYPR. “Organizations across all markets can learn a lot from banking and finance, so her knowledge and passion will be instrumental in how we address one of the most vexing security challenges of our time.”

Ms. Docharty has been named to America’s 50 Most Powerful Latinas by the Association of Latino Professionals for America (ALPFA) for the last 4 years, and was previously named one of Latino Leaders Magazine’s Top 100 Most Influential Latinas in 2020. She served on the Goldman Sachs Americas Inclusion and Diversity Committee and was a member of the Hispanic/Latinx Network. She will act as a key advocate, advisor and mentor to help continue driving HYPR’s Diversity, Equity and Inclusion efforts.

Ms. Docharty’s appointment to the Board is effective immediately.

For more information on HYPR, visit https://www.hypr.com.

About HYPR
HYPR Fixes The Way The World Logs In by breaking the tradeoff between strong security and consumer-grade user experiences.

Our approach shifts the economics of attack and risk in the enterprises' favor by replacing password-based MFA with Passwordless MFA.

With HYPR, customers provide users with a consumer-grade experience while finally enabling cross-platform desktop MFA, stopping phishing, and virtually eliminating fraud associated with weak or stolen passwords.

Welcome to The Passwordless Company®. Additional information is available at https://www.hypr.com