R&T Deposit Solutions Appoints Theo Curey as President to Lead Next Phase of Integrated Growth and Operational Strategy

NEW YORK, June 18, 2025 /PRNewswire/ -- R&T Deposit Solutions, a market leader in tech-enabled cash sweep and deposit and funding programs, today announced the appointment of Theo Curey as President of R&T Deposit Solutions. Curey will report to Chief Executive Officer Susan Cosgrove and will lead the company's core deposit solutions platform, overseeing business strategy, product delivery, revenue generation, and operations.

As President, Curey will be responsible for unifying and accelerating R&T's go-to-market execution and product development strategy across the organization. Reporting to him will be Kevin Bannerton (Chief Product Officer), Michelle Barone (Chief Revenue Officer), Joe Carroll (Chief Operations Officer), and Stephen Prosperi (Head of Digital Products and Client Experience).

This leadership structure reflects R&T's strategic focus on more closely aligning sales, products, and operations under a single leader—ensuring faster execution, enhanced responsiveness to client needs, and seamless delivery of innovative deposit and funding solutions.

"We are thrilled to welcome Theo to R&T," said Susan Cosgrove, CEO of R&T. "He brings a rare blend of strategic vision, operational expertise, and client-first leadership. Theo has a proven ability to drive performance and transformation at scale while keeping the needs of clients and employees at the center of every decision. His experience in building and leading high-performing organizations will be a tremendous asset as we continue to scale and evolve."

Curey brings more than two decades of leadership experience across financial services and fintech, with a strong track record of building client-first organizations and delivering scalable, technology-enabled solutions. He joined R&T from Fiserv, where he most recently led the company's Money Network business and previously served as President of its Credit Union Solutions division.

Earlier in his career, Curey held several senior executive roles at ADP, including President of Global Human Capital Management and SVP of Strategy and Business Development. He began his career at McKinsey & Company, where he advised Fortune 500 clients on strategy, growth, and operational performance.

"I'm honored to join R&T at such a pivotal time in its growth journey," said Theo Curey. "This company has an outstanding platform, a reputation for excellence, and a client network that plays a vital role in the broader financial ecosystem. I'm excited to partner with Susan and the entire leadership team to build on that foundation and help R&T deliver even greater value through innovation, execution, and operational strength."

Curey holds a Ph.D. in Chemistry from the University of Texas at Austin and a B.S. from Davidson College. He will be based in the firm's New York headquarters.

For more information, please visit www.rnt.com.

About R&T Deposit Solutions

With more than 50 years in the industry, R&T Deposit Solutions provides cash management and deposit placement programs to the financial services industry. Through its tech-enabled services, R&T helps banks, credit unions, broker-dealers, trust companies and wealth managers meet their unique cash sweep and deposit funding needs. As a recognized leader in the administration of deposit networks, the Demand Deposit Marketplace® (DDM®) program administered by R&T, provides banks and other depository institutions access to billions of dollars in reciprocal deposits and the ability to support their customers' deposit insurance needs. R&T is a portfolio company with the majority interests owned by private equity firms, GTCR and Estancia Capital Partners. For more information about R&T, please visit our website at Deposit & Funding Solutions - R&T Deposit Solutions. Click here for R&T's list of receiving institutions. R&T is not an FDIC-insured institution. FDIC insurance only covers the failure of an FDIC-insured institution. Certain conditions must be satisfied for FDIC pass-through deposit insurance coverage to apply.

Contacts

Prosek Partners
pro-R&T@prosek.com 

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SOURCE R&T Deposit Solutions