SE Texas Record

Friday, September 20, 2019

MoneyOnMobile selects former senator Kay Hutchison for board of directors

By Charmaine Little | May 1, 2017

DALLAS – MoneyOnMobile has appointed former Kay Bailey Hutchison as a member of its board of directors after her initiatives for women empowerment made her a standout senator.

Hutchison, who retired from the U.S. Senate in 2013 after 20 years, was the first female senator to represent the state of Texas. Now, she will continue her career with MoneyOnMobile.

"Kay was a public servant dedicated much of her time to women's issues while she was in the senate and subsequently," MoneyOnMobile CEO Harold Montgomery told The Record. "It turns out that our services in India are uniquely helping women in particular. I think for us to bring Kay on board as a leader around women's issues really serves to highlight the connection that MoneyOnMobile is making to the underserved female population in India."

Montgomery went on to say that her position with MoneyOnMobile will serve as an "extension" of the strides Hutchison has already made; but this time, she will do so outside of the United States.

"It's exciting for her but also a great honor for us that she will join the board. We want more people to see what we're doing, notice, and say 'Hey! How does a former senator join the board a company?' They can learn more about what we're doing for women."

On top of her experience with women's issues, Montgomery also said Hutchison is a perfect fit for the MoneyOnMobile board because of her past with the government.

"She's very wise in the ways of how government works--domestically and internationally, he said. "We get very good advice from her about how to position ourselves in a positive way. She has an inside on how government officials think and a lot of information and access to people. Plus she's just fun to have on the board!"

It certainly seems that way as Montgomery also said that Hutchison fits in very well with her new fellow board members, which include Jim McKelvey, the co-founder of Square, anesthesiologist David Utterback, and Karl Power, who is an investment banker.

"This is a really vibrant mix of people with a lot of different views of how things should be done in what works and what doesn't, he said. "Our board meetings are really rich from the diversity perspective and a lot of comrade. Everyone is interested in everyone else and what they're working on and how they can help. It's really exciting because our board comes across the unusual channels and mixes people who wouldn't normally interact with one another."

Hutchison previously served on the Senate Committee on Commerce, Science and Transportation as well as the Appropriations Subcommittee for Commerce, Justice and Science.

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