08:59 AM EDT, 08/05/2024 (MT Newswires) -- Pagaya Technologies ( PGY ) said Monday it has named Ralph L. Leung chief operating officer and chief commercial officer.

The company said Leung most recently served as chief financial officer for digital personal finance company Achieve.

Shares of Pagaya ( PGY ) were down nearly 12% in recent Monday premarket activity.

Price: 12.00, Change: -1.57, Percent Change: -11.57