Bread Financial Holdings, Inc. announced that Joyce St. Clair, a veteran financial services senior executive, has joined the Company’s board as an independent director and member of each of the Risk Committee and the Compensation & Human Capital Committee, effective July 10, 2023. In connection with her appointment, Ms. St.

Clair will also serve as a member of the board’s compensation & human capital committee and risk committee. In 2022, Ms. St. Clair retired from Northern Trust Corporation after a successful 30-year tenure with the firm.

Most recently, Ms. St. Clair served as executive vice president and chief human resources officer of Northern Trust from 2018 until her retirement, overseeing the firm’s global human resources operations and leading efforts relating to DE&I, executive compensation, succession planning and other key priorities. Before that, Ms. St.

Clair served in various executive roles at Northern Trust, both in the U.S. and abroad, including as executive vice president and chief capital management officer from 2015 to 2018, as president of enterprise operations from 2014 to 2015, as president of operations & technology from 2011 to 2014, and as chief risk officer from 2007 to 2011. Prior to joining Northern Trust, Ms. St. Clair served as an associate partner for Accenture.

In 2016, she was appointed by President Obama to serve as a member of the advisory committee of the Pension Benefit Guaranty Corporation (PBGC), a position she held until her term expired in 2019. Ms. St. Clair holds a Bachelor’s degree from Indiana University, Kelley School of Business, and an MBA from the Booth School of Business at the University of Chicago.

Following Ms. St. Clair’s appointment, Bread Financial’s board now consists of eight directors.