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DailyPay Wage Access App Gets Former Sotheby’s Compliance Head

Sept. 20, 2021, 8:05 PM

DailyPay Inc., a payroll services provider, has hired a chief compliance officer in Jane Levine, who most recently worked at Sotheby’s.

Levine is assuming a new, New York-based post and will report to CEO Jason Lee. She had been chief global compliance officer and head of government and regulatory affairs at Sotheby’s and was a member of that company’s executive management committee.

Prior to her stint at Sotheby’s, Levine spent a decade as an assistant U.S. attorney with the Southern District of New York, where she prosecuted federal white-collar crimes. At the start of her legal career, she was an attorney with Paul Weiss and with Proskauer.

Levine’s hire marks a return effort by DailyPay to look to Sotheby’s for new hires. Last year the company tapped Vladimir Kleyman, top in-house lawyer for transactions at Sotheby’s Financial Services, to become its first-ever general counsel.

Kleyman told Bloomberg Law last year that he was joining DailyPay for an opportunity to build a law department at a growing company.

Sotheby’s, one of the world’s largest auction houses, has had a turnover in personnel following its 2019 sale to telecommunications billionaire and prominent art collector Patrick Drahl, who took the company private in a $2.7 billion deal.

DailyPay, founded in 2016, can be used by client company employees to access their earned wages prior to payday. Third-party companies like DailyPay provide the money in advance of a paycheck in return for an eventual transaction fee or debit from employee accounts.

Since the coronavirus pandemic hit in early 2020, the company has grown its workforce, although a company spokeswoman said she did not have an exact number.

On Monday, DailyPay also announced that is bringing on Ryan Naples to its regulatory team as senior manager of public policy. He was most recently deputy director of Tech:NYC, an industry association for the tech community in New York, where he managed legislation, regulatory affairs and communications issues facing New York’s tech ecosystem, DailyPay said.

Prior to that, DailyPay said Naples was senior public policy manager for Lyft in New York.

To contact the reporter on this story: Elizabeth Olson at egolson1@gmail.com
To contact the editor on this story: Chris Opfer at copfer@bloombergindustry.com;
John Hughes at jhughes@bloombergindustry.com

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